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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Dettagli Bibliografici
Autore principale: Monnet, Eric
Altri autori: Puy, Damien
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/054
Accesso online:Full text available on IMF