[PDF] Top 20 No decoupling, more interdependence: business cycle comovements between advanced and emerging economies

... defines business cycle synchronicity as the coincidence of output gaps (Mink et ...of decoupling. When the business cycles of two countries are in the same phase, that is when both output gaps ... See full document

... whether emerging market economies have decoupled from advanced economies, in the sense that in recent years, the business cycle of emerging markets has become more ... See full document

... commodities, business cycles and inflation expectations, so that comovements in these drivers may lead to interdependence in inflation rates of different ...is, business cycle comovement ... See full document

... for more than 140 years, why there is still no convincing and generally accepted evidence of the solar activity influencing business cycle on Earth? Apart from the apparent possibility that there is ... See full document

... among advanced emerging European and Asian stock mar- ...tionships between Poland and Hungary, Poland and the Czech Republic, Turkey and the Czech Republic and Malaysia and the Czech ...among ... See full document

... relationship between financial development and growth using a cointegration ...divide between advanced and developing countries seems likely to ...including more efficient financial systems or ... See full document

... us between September15-December 31, 2009, we scrutinized the greatest risks taken into account by 40 managers, economists and analysts, which could have affected the prospective for development of the companies ... See full document

... the advanced economies, in terms of the target variable aggregation the lowest inflation rates are for exchange rate targets and LSD in the third subperiod and mixed targets in the fourth, but these involve ... See full document

... This chapter has investigated the events of 2002 in Brazil, by testing empirically some of the leading interpretations that have been advanced to account for the financial turmoil that characterised that period. ... See full document

... trade between African emerging economies and world major emerging economies by using the gravity model of international ...trade between both ...Furthermore, more ... See full document

... correlation between real government expenditure and ...a more general model that produces a range of business cycle outcomes that are consistent with the broader EME ... See full document

... Pacific economies (APE hereinafter) and the world has also augmented, mainly driven by the increasing cross-border investments and greater ...to more rapid transmission of shocks from country to ... See full document

... This dissertation examines the contagion effects of the financial crisis that began in the US in 2007 and spread to become a global financial crisis affecting a large number of other economies. The definition of ... See full document

... From a managerial standpoint, our analysis indicates that the ability to identify early warning signals of seriously underperforming workers can help reduce later resources required to undo or repair the damage to the ... See full document

... increased business cycle synchronization across the G7 countries to unprecedented ...on business cycle co-movements only in the period following the breakdown of Bretton Woods system of fixed ... See full document

... these economies justifies the large and persistent deficits, in case of sudden shift in the market sentiment, the inevitable adjustment could have devastating macroeconomic ...SEE economies must continue ... See full document

... representing emerging markets in transition). Hence, the considered dataset includes exchange rate of Swiss franc (CHF) to US dollar, exchange rate of Polish złoty (PLN) to US dollar and stock returns 11 of Dow ... See full document

... the advanced economies spread rapidly to India and other Emerging Market Economies through various ...the advanced economies somehow transferred the economic shocks to the ... See full document

... from economies of scale and scope, informational asymmetry and local ...and between com- panies and government, leadership and management approaches as well as absence of entrepreneurial skills in managing ... See full document

... 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 ...shocks ... See full document