system. Our results show (1) that the dynamics of globalization has been more driven by synchronization in regional growth … patterns than by the synchronization of the world economy as a whole in contrast with other empirical works and (2) that world …

-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 …

-cycle synchronization within the OECD area, especially at business-cycle frequencies. Thus, different degrees of participation in …

We study the extent of global inflation synchronization using a dynamic factor model in a large set of countries over a … emerging market and developing economies) and to analyze commonalities in inflation synchronization across a wide range of … 2001. Second, inflation synchronization has also become more broad-based: while it was previously much more pronounced …

The paper studies the extent of global inflation synchronization using a dynamic factor model in a large set of … (advanced economies and emerging market and developing economies) and to analyze commonalities in inflation synchronization … national inflation rates since 2001. Second, inflation synchronization has also become more broad-based: while it was …

degree of business cycle synchronization within the OECD area, especially at business-cycle frequencies. Thus, different …