Business Cycle Synchronization
Maximum entropy model for business cycle synchronization
... the synchronization phenomenon are key to understanding and controlling the dynamics of the global ...the business cycle synchronization of the G7 economic ...the synchronization as the ...
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Explaining International Business Cycle Synchronization: Recursive Preferences and the Terms of Trade Channel
... cross-country business cycle correlations are markedly smaller than empirical ...international business cycle synchronization is thus one of the main challenges for macroeconomics ...
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International Business Cycle Synchronization since the 1870s: Evidence from a Novel Network Approach
... international business cycle synchronization is theo- retically/empirically ...of business cycle co-movement via the wealth effects of external shocks (see, for instance, Ayhan Kose et ...
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Business cycle synchronization during US recessions since the beginning of the 1870's
... of business cycle synchronization during downturns of US economic activity before the 1960’s and in relation with the most recent ...on business cycle co-movements since ...of ...
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Optimal currency area and business cycle synchronization across U S states
... asymmetric business cycles will incur costs associated with the monetary authority making decisions which benefit not all countries within the monetary ...states' business cycles are similar to the ...
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The Effect of Exchange Rate Regimes on Business Cycle Synchronization: A Robust Analysis
... of business cycle synchronization higher by around ...to business cycle correlation when considered in ...synchronised business cycles than the country pairs with freely floating ...
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Foreign Direct Investment Stock and Business Cycle Synchronization: the Case of Central European Economies
... The business cycle synchronization was widely discussed before the last economic crisis and now the interest in this topic ...about business cycle synchronization evaluates the ...
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Two speed Europe and business cycle synchronization in the European Union: The effect of the common currency
... of business cycles of the economies participated in ERM I and are currently members of the Eurozone has improved with the introduction of the common ...the cycle component for further empirical analysis, ...
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Business Cycle Synchronization and Optimum Currency Areas: The Case of the Economic Community of West African States
... of business cycle synchronization had increased since the EAC Treaty was signed in 1999, proportions of shocks across the different countries were not similar implying a weak ...on business ...
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Regional Business Cycle Synchronization in Europe? Bruges European Economic Research (BEER) Papers 11/June 2007
... the synchronization of business cycles of countries generally employs GDP and/or Industrial ...on business cycle synchronization, we believe that it is an adequate variable for our ...
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AN EXTREME BOUND ANALYSIS ON THE DETERMINANTS OF BUSINESS CYCLE SYNCHRONIZATION IN EAST ASIA
... bilateral business cycle synchronization, X is a vector of potential variables that might influence business cycle synchronization, D is a vector of control variables and u is ...
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Business Cycle Synchronization in the EMU: Core vs Periphery CEPS Working Documents No 427, 14 November 2016
... how business cycles are synchronizing in the EMU has been the focus of an intense academic ...in business cycles between a group of core countries (Netherlands, France, Belgium, ...
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Evidence on Common Feature and Business Cycle Synchronization in Mercosur
... In summary, we can define comovements using information in time and fre- quency domains. Therefore, two time series are synchronized when they have a positive linear correlation, their coherence is close to one and their ...
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Business cycle synchronization among member countries of Eurozone during the process of European integration
... Aby bylo možné posoudit a vzájemně porovnat propojenost hospodářských cyklů mezi jednotlivými členskými státy eurozóny v procesu evropské integrace, empi- rická analýza korelace časovýc[r] ...
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The Synchronization of Business Cycles among Iran’s Trade Partners
... investigating synchronization of business cycles among countries, after increasing integration of global economies, has been attracted more attention of policy makers and ...of synchronization among ...
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Trade and synchronization in a multi country economy
... nized business cycles. The standard international business cycle framework cannot replicate this finding, uncovering the trade-comovement ...increase business cycle ...
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Foreign Trade and International Financial Flows: Implications for Economic Stability in the Selected ECOWAS Countries
... of business cycle ...determining business cycle ...of business cycle synchronization among 147 developing countries from 1960 to ...of business cycle ...
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The oil cycle, the Federal Reserve, and the monetary and exchange rate policies of Qatar
... of business cycle synchronization, we found that the business cycles between the two countries have experienced greater divergence or decoupling during the opening of the 21st ...
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The Effect of Trade, Specialization and Financial Integration on Business Cycles Synchronization in Some Mediterranean Countries
... To study the degree of business cycle synchronization, different methods have been used. However, the most basic approach is the correlation analysis which has-been adopted by a wide number of ...
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Is the East African Community an Optimum Currency Area?
... On the other hand, after the 1999 EAC Treaty we observe the opposite, growth correlations are mostly both positive and high, and when negative they are low with the exception of Uganda and Rwanda. Correlations of ...
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