Has Globalization Really Increased Business Cycle Synchronization? /

This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization at th...

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Xehetasun bibliografikoak
Egile nagusia: Monnet, Eric
Beste egile batzuk: Puy, Damien
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2016.
Saila:IMF Working Papers; Working Paper ; No. 2016/054
Sarrera elektronikoa:Full text available on IMF