| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8347 |
| DP8347 Business Cycle Synchronization Since 1880 | |
| Michael Artis; PKG Harischandra; George Chouliarakis | |
| 发表日期 | 2011-04-01 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | This paper studies the international business cycle behaviour across 25 advanced and emerging market economies for which 125 years of annual GDP data are available. The picture that emerges is more fragmented than the one drawn by studies that focused on a narrower set of advanced market economies. The paper offers evidence in favour of a secular increase in international business cycle synchronization within a group of European and a group of English-speaking economies that started during 1950-1973 and accelerated since 1973. Yet, in other regions of the world, country-specific shocks are still the dominant forces of business cycle dynamics. |
| 主题 | International Macroeconomics |
| 关键词 | Business cycles Dynamic factor models Globalization Integration |
| URL | https://cepr.org/publications/dp8347 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537174 |
| 推荐引用方式 GB/T 7714 | Michael Artis,PKG Harischandra,George Chouliarakis. DP8347 Business Cycle Synchronization Since 1880. 2011. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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