This paper studies empirical linkages between cycles and trends in freight transportation activity and real economic activity in Sweden. We find that cycles in freight transportation are highly contemporaneously correlated with cycles in economic variables over both the short run and the medium...

In this paper, we explore the link between stress in the domestic financial sector and the capital flightfaced by countries in the 2008-9 global crisis. Both the timing of emergence of internal financial stress indeveloping economies, and the size of the peak-trough declines in the stock price...