Campos, Luciano; Ruíz, Jesús - In: Journal of applied economics 25 (2022) 1, pp. 691-722
This paper investigates the evolution of business cycles synchronization in Latin America since the 1990ʹs. To do so, a Vector Autoregressive model is fed, alternatively, with the countries' Industrial Production Indexes and with these series filtered by the US financial conditions index, which...