staggering are common, This paper analyzes how synchronization of price changes affects the response to monetary policy shocks. I … synchronization in price setting. …

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 …

, they lower the degree of business cycle synchronization within the OECD area. …

-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 …

We analyze the role of fiscal policy and intra-European trade in business cycle synchronization in the EU for the … between trade integration and cyclical synchronization are subject to endogeneity problems. We instrument fiscal budget … trade integration are important determinants of cyclical synchronization. We can conclude that once a high degree of trade …