-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 …

We study the synchronization of credit booms and busts among 12 major European economies and the United States between … credit cycle synchronization. …