Kim, Sunghyun Henry; Kose, M. Ayhan; Plummer, Michael G. - 2003
The paper documents the extent of similarities and differences of business cycle characteristics of the Asian countries … over time. Comovement and persistence properties of business cycles in the Asian countries are very similar to those of the … G-7 economies. The authors find that while the patterns of business cycle fluctuations in the main macroeconomic …