Global Business Cycles : Convergence or Decoupling?

Convergence or Decoupling?

Global Business Cycles : Convergence or Decoupling?
This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroeconomic fluctuations in key macroeconomic READ MORE...

Publication date: June 2008
ISBN 9781451870015
$18.00

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