This paper investigates the evolution of business cycles synchronization in Latin America since the 1990§s. To do so, a Vector Autoregressive model is fed, alternatively, with the countries' Industrial Production Indexes and with these series filtered by the US financial conditions index, which...

This paper investigates the evolution of business cycles synchronization in Latin America since the 1990ʹs. To do so, a Vector Autoregressive model is fed, alternatively, with the countries' Industrial Production Indexes and with these series filtered by the US financial conditions index, which...

During the past decades, seasonal autoregressive integrated moving average (SARIMA) had become one of a prevalent linear models in time series and forecasting. Empirical research advocated that forecasting with non-linear models can be an encouraging alternative to traditional linear models....