FONSECA, Raquel; PATUREAU, Lise; SOPRASEUTH, Thepthida - In: Annales d'Economie et de Statistique (2009) 95-96, pp. 279-314
The paper investigates the international GDP synchronization within the international real business cycle framework (Backus, Kehoe and Kydland, 1992). It sheds new light on the comovement issue by highlighting the role of cross-country divergence in labor market institutions (LMIs). We first...
