Pomenková, Jitka; Fidrmuc, Jarko; Korhonen, Iikka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2014
-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co …-movements for business cycle frequencies are generally different from those for other frequencies, and synchronization with China … synchronization at business-cycle frequency. We find a significant relationship between the time-varying wavelet measure of …
