Andrews, Dan; Kohler, Marion - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 55 (2009) 2, pp. 147-172
Over the past 40 years the business cycles of Anglo-Saxon countries have become more closely synchronized. This paper investigates whether the factors suggested for explaining cycle co-movements across countries can also explain changes through time. We find that most of the cross-sectional...