Anguiano Pita, Javier Emmanuel; Ruiz Porras, Antonio - In: Estudios de Economía 49 (2022) 1, pp. 63-89
This article analyzes the role of trade and financial integration, productive specialization and monetary policies in the synchronization of business cycles in North America from a long-run perspective. For this purpose, we estimate seemingly unrelated regression (SUR) models and Granger...