Search Results - subject:"Business cycle synchronization"

Role of central bank independence on monetary integration and business cycle synchronization in the Economic Community of West African States

Diendere, Louis-Joel Basneouinde; Diendere, Achille Augustin - In: Cogent economics & finance 12 (2024) 1, pp. 1-22

the relationship between monetary integration and business cycle synchronization. Second, the ARDL error correction … cycle synchronization within ECOWAS, highlighting the importance of central bank independence. Using panel data and an ARDL … central bank of the future monetary union. This article demonstrates that monetary integration promotes long-term business …

Persistent link: https://www.econbiz.de/10015334584

Monitoring business cycle fluctuations in Asia

Pundit, Madhavi; Ramayandi, Arief; Simba, Patrick Jaime A. - 2025

Timely updates of business cycle fluctuations-commonly represented by movements in the output gap-help policymakers make informed decisions on the appropriate course of action. Unfortunately, business cycle assessments often suffer from lags in actual gross domestic product data releases. This...

Persistent link: https://www.econbiz.de/10015191532

Revisiting the impact of oil price shocks on macroeconomic performance : an international perspective

Shen, Yifan; Gu, Ziping; Abeysinghe, Tilak; Shi, Xunpeng - In: Economic modelling 144 (2025), pp. 1-12

Persistent link: https://www.econbiz.de/10015193846

Resolving the trade comovement puzzle at the margin of global value chains

Choi, Bongseok - In: International trade, politics and development 9 (2025) 1, pp. 25-35

Purpose - This paper investigates the crucial role that the trade of intermediate goods plays in elucidating trade-output synchronization. We specifically highlight the significance of incorporating intermediate trade, particularly concerning the dominance of forward linkages in the global value...

Persistent link: https://www.econbiz.de/10015397275

Inflation synchronization and shock transmission between the eurozone and the non-euro CEE Economies : a wavelet quantile VAR approach

Alqaralleh, Huthaifa; Canepa, Alessandra; Muchova, Eva - 2025

Persistent link: https://www.econbiz.de/10015371761

Development of Slovenian macroeconomic imbalances and their synchronization with EU countries

Bednářová, Pavla; Valentová, Vladimíra Hovorková - 2025

Slovenia and other EU member states are subject to the Macroeconomic Imbalances Procedure. This article aims to evaluate the macroeconomic imbalances of the Slovenian economy and its synchronisation with other EU countries from 2013 to 2022. Eleven Scoreboard indicators are used to monitor...

Persistent link: https://www.econbiz.de/10015395700

The endogeneity of optimum currency areas in light of pan-European intra-industry trade patterns and business cycle synchronicity

Steinert, Frank Niklas; Althammer, Wilhelm - In: Empirica : journal of european economics 52 (2025) 1, pp. 121-142

Persistent link: https://www.econbiz.de/10015333795

How costly are business cycle volatility and inflation? : a vox populi approach

Georgarakos, Dimitris; Kim, Kwang Hwan; Coibion, Olivier; … - 2025

Using surveys of households across thirteen countries, we study how much individuals would be willing to pay to eliminate business cycles. These direct estimates are much higher than traditional measures following Lucas (2003): on average, households would be prepared to sacrifice around 5-6% of...

Persistent link: https://www.econbiz.de/10015196921

International spillovers of fiscal news shocks

Turgut, Mehmet Burak; Wesołowski, Grzegorz - 2025

Persistent link: https://www.econbiz.de/10015373328

US macroeconomic shocks and international business cycle

Wesołowski, Grzegorz; Gurshev, Oleg - 2025

Persistent link: https://www.econbiz.de/10015373329