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Cyclical Synchronization Between Industrialised Countries


Cyclical Synchronization Between Industrialised Countries
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Cyclical Synchronization Between Industrialised Countries


Cyclical Synchronization Between Industrialised Countries
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Author : Shaun Patrick Hargreaves-Heap
language : en
Publisher:
Release Date : 1977

Cyclical Synchronization Between Industrialised Countries written by Shaun Patrick Hargreaves-Heap and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.




An Analysis Of The Cyclical Dynamics Of Industrialized Countries


An Analysis Of The Cyclical Dynamics Of Industrialized Countries
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Author : Ehud Levy-Pascal
language : en
Publisher:
Release Date : 1976

An Analysis Of The Cyclical Dynamics Of Industrialized Countries written by Ehud Levy-Pascal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business cycles categories.




An Analysis Of The Cyclical Dynamics Of Industrialized Countries


An Analysis Of The Cyclical Dynamics Of Industrialized Countries
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Author : Ehud Levy-Pascal
language : en
Publisher:
Release Date : 1976

An Analysis Of The Cyclical Dynamics Of Industrialized Countries written by Ehud Levy-Pascal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business cycles categories.




International Business Cycle Synchronization In Historical Perspective


International Business Cycle Synchronization In Historical Perspective
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Author : Michael D. Bordo
language : en
Publisher:
Release Date : 2010

International Business Cycle Synchronization In Historical Perspective written by Michael D. Bordo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business cycles categories.


In this paper, we review and attempt to explain the changes in business cycle synchronization among 16 industrial countries and the over the past century and a quarter, demarcated into four exchange rate regimes. We find that there is a secular trend towards increased synchronization for much of the twentieth century and that it occurs across diverse exchange rate regimes. This finding is in marked contrast to much of the recent literature, which has focused primarily on the evidence for the past 20 or 30 years and which has produced mixed results. We then examine the role of global shocks and shock transmission in the trend toward synchronization. Our key finding here is that global (common) shocks generally are the dominant influence.



An Analysis Of The Cyclical Dynamics Of Industrialized Countries


An Analysis Of The Cyclical Dynamics Of Industrialized Countries
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Author : Ehud Levy-Pascal
language : en
Publisher:
Release Date : 1976

An Analysis Of The Cyclical Dynamics Of Industrialized Countries written by Ehud Levy-Pascal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business cycles categories.




Trade Intensity And Business Cycle Synchronization


Trade Intensity And Business Cycle Synchronization
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Author : César Calderón
language : en
Publisher:
Release Date : 2002

Trade Intensity And Business Cycle Synchronization written by César Calderón and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business cycles categories.




Emerging Issues In Financial Development


Emerging Issues In Financial Development
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Author : Tatiana Didier
language : en
Publisher: World Bank Publications
Release Date : 2013-12-17

Emerging Issues In Financial Development written by Tatiana Didier and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-17 with Business & Economics categories.


This book synthesizes the results of a comprehensive analysis of the status, prospects, and challenges of sustainable financial development in Latin America, as well as the lessons for developed and developing countries.



Has Globalization Really Increased Business Cycle Synchronization


Has Globalization Really Increased Business Cycle Synchronization
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Author : Eric Monnet
language : en
Publisher: International Monetary Fund
Release Date : 2016-03-08

Has Globalization Really Increased Business Cycle Synchronization written by Eric Monnet and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-08 with Business & Economics categories.


This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization at the global level. The world business cycle was as strong during Bretton Woods (1950-1971) than during the Globalization period (1984-2006). Although globalization did not affect the average level of co-movement, trade and financial integration strongly affect the way countries co-move with the rest of the world. We find that financial integration de-synchronizes national outputs from the world cycle, although the magnitude of this effect depends crucially on the type of shocks hitting the world economy. This de-synchronizing effect has offset the synchronizing impact of other forces, such as increased trade integration.



Beyond Borders The New Regionalism In Latin America


Beyond Borders The New Regionalism In Latin America
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Author : Inter-American Development Bank
language : en
Publisher: IDB
Release Date : 2002-10-10

Beyond Borders The New Regionalism In Latin America written by Inter-American Development Bank and has been published by IDB this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10-10 with Business & Economics categories.


Although regional integration initiatives have a long history in the world economy, these efforts have expanded significantly since the 1990s. In Latin America and the Caribbean, a wave of regional integration initiatives has included free trade areas, customs unions, and steps towards common markets. The emergence of this "new regionalism"of trade in which global and regional forces complement one another has been driven by such factors as the opening up of economies and structural reforms. This year's edition of Economic and Social Progress in Latin America explores the dimensions of integration, macroeconomic coordination, and the effects of regional integration on productivity, market access, foreign direct investment, infrastructure and income inequality. Topics include subregional integration schemes, the multilateral trade agenda launched in Doha, initiatives such as the Free Trade Area of the Americas, and interregional agreements with the European Union.



Business Cycle Synchronization And Regional Integration


Business Cycle Synchronization And Regional Integration
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Author : Norbert Fiess
language : en
Publisher: World Bank Publications
Release Date : 2005

Business Cycle Synchronization And Regional Integration written by Norbert Fiess and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business Cycle categories.


Abstract: In early January 2003, the United States and Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua launched official negotiations for the Central American Free Trade Agreement (CAFTA), a treaty that would expand NAFTA-style trade barrier reductions to Central America. With deeper trade integration between Central America and the United States, it is expected that there will be closer links in business cycles between Central American countries and the United States. The paper finds a relatively low degree of business cycle synchronization within Central America as well as between Central America and the United States. The business cycle synchronization is expected to increase only modestly with further trade expansion, making the coordination of macroeconomic policies within CAFTA somewhat less of a priority.