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...

Полное описание

Библиографические подробности
Главный автор: Monnet, Eric
Другие авторы: Puy, Damien
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/054
Online-ссылка:Full text available on IMF