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Real growth co-movements and business cycle synchronization in the GCC countries : evidence from time-frequency analysis

Aloui, Chaker; Hkiri, Besma; Nguyen, Duc Khuong - In: Economic modelling 52 (2016), pp. 322-331

Persistent link: https://www.econbiz.de/10011642762

Regionalization vs. Globalization

Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - 2013

Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...

Persistent link: https://www.econbiz.de/10010500234

Non-uniform staggered prices and output persistence

Söderberg, Johan - 2009

staggering are common, This paper analyzes how synchronization of price changes affects the response to monetary policy shocks. I … synchronization in price setting. …

Persistent link: https://www.econbiz.de/10010321439

Synchronization of endogenous business cycles

Pangallo, Marco - 2023

generate stronger comovement, because they combine shock propagation with synchronization of endogenous dynamics. In particular … synchronization. Next, we calibrate the model to data on 24 countries and show that the empirical level of comovement can only be …

Persistent link: https://www.econbiz.de/10013489752

The great synchronization of international trade collapse

Antonakakis, Nikolaos - 2012

Persistent link: https://www.econbiz.de/10009622250

Dynamics of business cycle synchronization within Turkey

Duran, Hasan Engin - 2015

The aim of the present article is to investigate the economic determinants of the synchronization across regional … business cycles. Our findings indicate two major results: First, low degree of synchronization during 1975-2000 has switched to …

Persistent link: https://www.econbiz.de/10010462522

Business cycle correlation between the Euro area and the Balkan countries

Gouveia, Sofia - In: International journal of economic sciences and applied … 7 (2014) 1, pp. 33-49

This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...

Persistent link: https://www.econbiz.de/10010459812

Short run dynamics of income disparities and regional cycle synchronization : 51st Congress of the European Regional Science Association, 30 August - 3 September 2011, Barcelona

Duran, Hasan Engin - 2011

Since the 1990s, the issue of regional income convergence and its long term tendencies has been thoroughly and heatedly discussed. Much less attention, however, has been devoted to the short-run dynamics of regional convergence. In particular, three important aspects have not yet been adequately...

Persistent link: https://www.econbiz.de/10011539464

Disentangling different patterns of business cycle synchronicity in the EU regions

Anagnostou, Ageliki; Panteladis, Ioannis; Tsiapa, Maria - 2012

The present paper discourses on how European integration and gradual enlargement has affected the synchronicity in business cycles in EU regions. The analysis, which is conducted on annual data at the NUTSII level, is based on the following grounds: First, it examines the degree of synchronicity...

Persistent link: https://www.econbiz.de/10011508019

Macroeconomic aspects of European integration : fiscal policy, trade integration and the European business cycle

Crespo Cuaresma, Jesús; Pfaffermayr, Michael; Amador, … - 2011

We analyze the role of fiscal policy and intra-European trade in business cycle synchronization in the EU for the … between trade integration and cyclical synchronization are subject to endogeneity problems. We instrument fiscal budget … trade integration are important determinants of cyclical synchronization. We can conclude that once a high degree of trade …

Persistent link: https://www.econbiz.de/10011392349