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In this paper we examine the extent of international trade synchronization during periods of international trade …–2011, our results suggest rather idiosyncratic patterns of international trade synchronization during collapses of international … trade and US recessions. During the great recession of 2007–2009, however, international trade experienced the most sudden …
Persistent link: https://www.econbiz.de/10010594085
In this paper we examine the extent of international trade synchronization during periods of international trade … idiosyncratic patterns of international trade synchronization during international trade collapses and US recessions. During the … great recession of 2007-2009, however, international trade experienced the most sudden, severe and globally synchronized …
Persistent link: https://www.econbiz.de/10011113379
This paper studies the determinants of the international synchronization of business cycles. Surprisingly, countries …
Persistent link: https://www.econbiz.de/10005292687
degree of business cycle synchronization within the OECD area, especially at business-cycle frequencies. Thus, different …
Persistent link: https://www.econbiz.de/10009399625
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
, they lower the degree of business cycle synchronization within the OECD area. …
Persistent link: https://www.econbiz.de/10005190677
This paper analyses sectoral business cycle synchronization in an enlarged European Union using annual data for the … cycle synchronization. Overall, the sectors that provide the most relevant contribution are Industry, Building and … share, shows a relative low business cycle synchronization and volatility, implying that it contributes only marginally to …
Persistent link: https://www.econbiz.de/10005593027
-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co …-movements for business cycle frequencies are generally different from those for other frequencies, and synchronization with China … synchronization at business-cycle frequency. We find a significant relationship between the time-varying wavelet measure of …
Persistent link: https://www.econbiz.de/10011191519
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10011200094
This paper examines the synchronization of business cycles across the G7 countries during US recessions since the 1870 …'s. Using a dynamic measure of business cycle synchronization, results depend on the globalisation period under … economies are documented during recessions that occurred under the classical Gold Standard. During the 2007-2009 recession …
Persistent link: https://www.econbiz.de/10010545763