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Financial openness and business cycle volatility
Buch, Claudia M.; Döpke, Jörg; Pierdzioch, Christian - 2002
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10011475038
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Financial openness and business cycle volatility
Buch, Claudia M.; Döpke, Jörg; Pierdzioch, Christian - 2002
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10001685221
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Financial Openness and Business Cycle Volatility
Pierdzioch, Christian; Buch, Claudia M.; Döpke, Jörg - 2002
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10014113303
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Financial Openness and Business Cycle Volatility
Pierdzioch, Christian; Döpke, Jörg; Buch, Claudia M. - 2002
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10010260514
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Globalisierung und Konjunkturzyklen
Buch, Claudia M.; Döpke, Jörg; Pierdzioch, Christian - In: Wirtschaftsdienst 84 (2004) 1, pp. 59-64
Oft wird befürchtet, dass die Globalisierung zu einer erhöhten Schwankungsanfälligkeit besonders kleiner offener … Volkswirtschaften führen könnte. Auch wird vermutet, dass die nationalen Konjunkturzyklen im Zeitalter der Globalisierung synchroner …
Persistent link: https://www.econbiz.de/10010303077