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~isPartOf:"International review of financial analysis"
~isPartOf:"NBER working paper series"
~person:"Rose, Andrew K."
~subject:"Business cycle"
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International Financial Remoteness and Macroeconomic
Volatility
Rose, Andrew K.
-
2008
This paper shows that proximity to major international financial centers seems to reduce business cycle
volatility
. In … experience more volatile growth rates in both output and consumption, even after accounting for political institutions,
trade
…
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