Basnet, Hem C.; Pradhan, Gyan - In: Review of development finance 7 (2017) 2, pp. 107-119
This study explores economic interdependence in Mercosur by examining common trends and common cycles among key macro … macroeconomic interdependence in the Mercosur economies is strong. The exchange rates demonstrate co-movement in the long run as … correlations. Our overall findings thus provide justification and optimism for deeper economic integration among Mercosur countries. …