Caporale, Guglielmo Maria; Girardi, Alessandro - 2012
This paper adopts a flexible framework to assess both short- and long-run business cycle linkages between six Latin … appears to be the most important source of business cycle co-movement, whilst capital flows are found to have a limited role …, especially in the very short run. -- International Business Cycle ; Latin America ; VAR models ; Trade and Financial Linkages …