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Do institutions and culture matter for business cycles?
Altug, Sumru; Canova, Fabio - Department of Economics and Business, Universitat … - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10010849590
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru; Canova, Fabio - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10010851386
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2013
Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...
Persistent link: https://www.econbiz.de/10010859370
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Institutions and Business Cycles
Altug, Sumru; Emin, Mustafa; Neyapti, Bilin - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2011
, we also examine the determinants of business cycle synchronization for the countries in our sample. In contrast to … earlier studies which seek to account for such synchronization using gravity arguments as well as trade intensity and …
Persistent link: https://www.econbiz.de/10009001073
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru; Canova, Fabio - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10011147551
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - Crawford School of Public Policy, Australian National … - 2013
Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...
Persistent link: https://www.econbiz.de/10011185996
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Institutions and Business Cycles
Altug, Sumru G.; Emin, Mustafa; Neyapti, Bilin - C.E.P.R. Discussion Papers - 2012
determinants of business cycle synchronization for the countries in our sample, we also demonstrate that the bilateral proximity of …
Persistent link: https://www.econbiz.de/10011083779
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru G.; Canova, Fabio - C.E.P.R. Discussion Papers - 2013
duration of expansions is shorter; the amplitude and the output costs of recessions are larger; and cyclical synchronization is … synchronization. By contrast, differences in cultural indicators account for relative differences in the persistence, the volatility … and the synchronization of cyclical fluctuations. Theoretical and policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011084013
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Without Oil, How Do Gulf Countries Move? Non-hydrocarbon Business Cycles
Cevik, Serhan - In: Journal of Economic Integration 29 (2014), pp. 244-266
synchronization in nonhydrocarbon business cycles across the GCC economies and a decline in the degree of synchronicity in the 2000s …
Persistent link: https://www.econbiz.de/10010840745
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NONPARAMETRIC ANALYSIS OF THE INTERNATIONAL BUSINESS CYCLES
Bovi, Maurizio - Istituto Nazionale di Statistica (ISTAT) - 2003
This paper examines the emergence of economic clubs and its coherence with the European commitments by analysing business cycle comovements in six industrialised economies, which are pooled into four different clusters. Starting from turning points chronologies, a binary measure of association...
Persistent link: https://www.econbiz.de/10005449471