Business cycle volatility and country zize :evidence for a sample of OECD countries

The main purpose of this paper is to investigate the relationship between business cycle volatility and country size using quarterly data for a sample of OECD countries over 1960-2000. The results suggest very strongly that the relationship between country size and business cycle volatility is negative and statistically significant. This finding is very robust, suggesting that country size does matter, at least for the severity of cyclical fluctuations.

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Year of publication:	2008-01-22
Authors:	Furceri, Davide ; Karras, Georgios
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 5.2008, 3, p. 1-7
Publisher:	AccessEcon
Subject:	Country Size

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Extent:	application/pdf
Type of publication:	Article
Classification:	E0 - Macroeconomics and Monetary Economics. General ; F0 - International Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010629508