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Assessment of environmental determinants' influence on business cycle synchronization
Kamandulienė, Asta - 2012
Recognition of the business cycle synchronization phenomenon in social science fostered a number of researchers from … influence the country’s business cycle synchronization and how to evaluate the impact of these determinants and their mutual … interface is an actual scientific problem. The aim of the research – having identified the synchronization of business cycles …
Persistent link: https://www.econbiz.de/10009480126
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Has globalization really increased business cycle synchronization?
Monnet, Eric; Puy, Damien - 2016
Persistent link: https://www.econbiz.de/10011578301
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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/10011345634
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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
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Business cycle synchronization for India : an appraisal via trade intensity
Kaur, Sumanpreet - In: The Romanian economic journal : REJ 22 (2019) 72, pp. 78-101
Persistent link: https://www.econbiz.de/10012167584
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Trade Integration and Business Cycle Synchronization in the EMU: the Negative Effect of New Trade Flows
Pentecôte, Jean-Sébastien; Poutineau, Jean-Christophe; … - Centre de Recherche en Économie et Management (CREM) - 2013
This paper questions the impact of trade integration on business cycle synchronization in the EMU by distinguishing … model, we find that synchronization is weakened when new firms are allowed to export in response to productivity gains … trade intensity has a positive direct effect while new trade flows have a negative effect on business cycle synchronization …
Persistent link: https://www.econbiz.de/10010854393
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Macroeconomic Aspects of European Integration: Fiscal Policy, Trade Integration and the European Business Cycle
Crespo-Cuaresma, Jesús; Pfaffermayr, Michael; Amador, … - FIW - 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/10008872070
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - International Monetary Fund (IMF) - 2013
Abstract: 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...
Persistent link: https://www.econbiz.de/10011142006
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The synchronization of European credit cycles
Meller, Barbara; Metiu, Norbert - 2015
We study the synchronization of credit booms and busts among 12 major European economies and the United States between … credit cycle synchronization. …
Persistent link: https://www.econbiz.de/10011301350
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The synchronization of European credit cycles
Meller, Barbara; Metiu, Norbert - 2015
We study the synchronization of credit booms and busts among 12 major European economies and the United States between … credit cycle synchronization. …
Persistent link: https://www.econbiz.de/10011299045