This paper studies business cycle interdependence among the industrialized countries since 1958. Using the spillover …

In this paper, we study the co-movement of the government budget balance and the trade balance at business cycle … perspective of international business cycle theory. First, we show that a standard model delivers predictions broadly in line with …

This paper investigates the effects of introducing household production in an international real business cycle model …

This paper proposes classical business cycle turning points for a number of countries based on industrial production …

stock returns. The variation in expected dividend growth we uncover is positively correlated with ‘business cycle’ variation … dividend-price ratio will have difficulty predicting both dividend growth and excess returns at business cycle frequencies … results presented here imply that the log dividend-price ratio will have difficulty revealing business cycle variation in both …

This paper applies recent cointegration techniques to analyse whether the forward market for the peseta/US dollar is …