메뉴 건너뛰기




Volumn 9, Issue 3, 1997, Pages 385-411

Business cycle transmission between the United States and Japan: A vector error correction approach

Author keywords

Business cycle transmission; Interdependence; International linkage; Japan; Mode lock

Indexed keywords


EID: 0031206535     PISSN: 09221425     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0922-1425(96)00241-1     Document Type: Article
Times cited : (8)

References (39)
  • 3
    • 84980275935 scopus 로고
    • The Australian business cycle and international cyclical linkages, 1959-1974
    • Barry, P.F. and C.W. Guille, 1976, The Australian business cycle and international cyclical linkages, 1959-1974, The Economic Record, 52(138) 137-165.
    • (1976) The Economic Record , vol.52 , Issue.138 , pp. 137-165
    • Barry, P.F.1    Guille, C.W.2
  • 4
    • 0000518135 scopus 로고
    • (Innovation) Accounting for the impact of fluctuations in U.S. variables on the Canadian economy
    • Burbidge, John and Alan Harrison, 1985, (Innovation) Accounting for the impact of fluctuations in U.S. variables on the Canadian economy, Canadian Journal of Economics XVIII, 784-798.
    • (1985) Canadian Journal of Economics , vol.18 , pp. 784-798
    • Burbidge, J.1    Harrison, A.2
  • 5
    • 0027488145 scopus 로고
    • Trade interdependence and the international business cycle
    • Canova, Fabio and Harris Dellas, 1993, Trade interdependence and the international business cycle, Journal of International Economics, 34 23-47.
    • (1993) Journal of International Economics , vol.34 , pp. 23-47
    • Canova, F.1    Dellas, H.2
  • 6
  • 7
    • 0023460710 scopus 로고
    • Cyclical co-movements of output and trade in the world economy
    • Dellas, Harris, 1987, Cyclical co-movements of output and trade in the world economy, Canadian Journal of Economics, XX(4) 855-869.
    • (1987) Canadian Journal of Economics , vol.20 , Issue.4 , pp. 855-869
    • Dellas, H.1
  • 11
    • 0000013567 scopus 로고
    • Co-Integration and error correction: Representation, estimation and testing
    • Engle, Robert F. and C.W.J. Granger, 1987, Co-Integration and error correction: Representation, estimation and testing, Econometrica, 55(2) 251-276.
    • (1987) Econometrica , vol.55 , Issue.2 , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 12
    • 0003310173 scopus 로고
    • Long-term simulations with the project LINK system, 1978-1985
    • Bert G. Hickman, ed. North-Holland, Amsterdam
    • Filatov, Victor, Bert G. Hickman, and Lawrence R. Klein, 1983, Long-term simulations with the project LINK system, 1978-1985, in: Bert G. Hickman, ed., Global International Economic Models. (North-Holland, Amsterdam).
    • (1983) Global International Economic Models
    • Filatov, V.1    Hickman, B.G.2    Klein, L.R.3
  • 13
    • 0001945279 scopus 로고
    • Propagation problems and impulse problems in dynamic economies
    • George Allen and Unwin, London
    • Frisch, Ragnar, 1933, Propagation problems and impulse problems in dynamic economies, in: Economic Essays in Honor of Gustav Cassel, (George Allen and Unwin, London).
    • (1933) Economic Essays in Honor of Gustav Cassel
    • Frisch, R.1
  • 14
    • 38248999139 scopus 로고
    • International transmission of monetary and fiscal policy
    • Fukuda, Shin-ichi, 1993, International transmission of monetary and fiscal policy, Journal of Economic Dynamics and Control, 17 589-620.
    • (1993) Journal of Economic Dynamics and Control , vol.17 , pp. 589-620
    • Fukuda, S.-I.1
  • 15
    • 0001357128 scopus 로고
    • November, World business cycles under fixed and flexible exchange rates
    • Gerlach, H.M. Stefan, 1988, November, World business cycles under fixed and flexible exchange rates, Journal of Money, Credit and Banking, 20(4) 621-632.
    • (1988) Journal of Money, Credit and Banking , vol.20 , Issue.4 , pp. 621-632
    • Gerlach, H.M.1    Stefan2
  • 17
    • 0002753539 scopus 로고
    • Interest rate linkages in the Pacific Basin, Federal Reserve Bank of San Francisco
    • Glick, Reuven, 1987, Interest rate linkages in the Pacific Basin, Federal Reserve Bank of San Francisco, Economic Review, 3 31-42.
    • (1987) Economic Review , vol.3 , pp. 31-42
    • Glick, R.1
  • 18
    • 0001942912 scopus 로고
    • A decomposition of international income multipliers
    • F. Gerard Adams and Bert G. Hickman, eds., The MIT Press, Cambridge, MA
    • Hickman, Bert G. and Victor Filatov, 1983, A decomposition of international income multipliers, in: F. Gerard Adams and Bert G. Hickman, eds., Global Econometrics, (The MIT Press, Cambridge, MA).
    • (1983) Global Econometrics
    • Hickman, B.G.1    Filatov, V.2
  • 20
    • 38249013452 scopus 로고
    • Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience
    • Hutchison, M. and C.E. Walsh, 1992, Empirical evidence on the insulation properties of fixed and flexible exchange rates: The Japanese experience, Journal of International Economics, 32 241-263.
    • (1992) Journal of International Economics , vol.32 , pp. 241-263
    • Hutchison, M.1    Walsh, C.E.2
  • 22
  • 23
    • 84981579311 scopus 로고
    • Maximum likelihood estimation and inference on cointegration - With applications to the demand for money
    • Johansen, Soren and Katarina Juselius, 1990, Maximum likelihood estimation and inference on cointegration - with applications to the demand for money, Oxford Bulletin of Economics and Statistics, 52(2) 169-210.
    • (1990) Oxford Bulletin of Economics and Statistics , vol.52 , Issue.2 , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 24
    • 44049117018 scopus 로고
    • Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK
    • Johansen, Soren and Katarina Juselius, 1992, Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK, Journal of Econometrics, 53 211-244.
    • (1992) Journal of Econometrics , vol.53 , pp. 211-244
    • Johansen, S.1    Juselius, K.2
  • 25
    • 43949150447 scopus 로고
    • Identification of the long-run and the short-run structure. An application to the ISLM model
    • Johansen, Soren and Katarina Juselius, 1994, Identification of the long-run and the short-run structure. An application to the ISLM model, Journal of Econometrics, 6 7-36.
    • (1994) Journal of Econometrics , vol.6 , pp. 7-36
    • Johansen, S.1    Juselius, K.2
  • 26
    • 0000394028 scopus 로고
    • U.S.-European interest rate linkage: A time series analysis for West Germany, Switzerland, and the United States
    • Kirchgassner, Gebhard and Jurgen Wolters, 1987, U.S.-European interest rate linkage: A time series analysis for West Germany, Switzerland, and the United States, The Review of Economics and Statistics, LXIX(4) 675-684.
    • (1987) The Review of Economics and Statistics , vol.69 , Issue.4 , pp. 675-684
    • Kirchgassner, G.1    Wolters, J.2
  • 27
    • 0002378331 scopus 로고
    • Critical values for cointegration tests
    • R.F. Engle and C.W.J. Granger, eds., Oxford University Press, New York
    • MacKinnon, James G., 1991, Critical values for cointegration tests, in: R.F. Engle and C.W.J. Granger, eds., Long-Run Economic Relationships: Readings in Cointegration, (Oxford University Press, New York), pp. 267-276.
    • (1991) Long-Run Economic Relationships: Readings in Cointegration , pp. 267-276
    • MacKinnon, J.G.1
  • 28
    • 0001969638 scopus 로고
    • Cyclical interdependencies between nations in the Pacific Basin
    • Magill, W.G., B.S. Felmingham and G.M. Wells, 1981, Cyclical interdependencies between nations in the Pacific Basin, Economia Internazionale, 34(1) 34-45.
    • (1981) Economia Internazionale , vol.34 , Issue.1 , pp. 34-45
    • Magill, W.G.1    Felmingham, B.S.2    Wells, G.M.3
  • 29
    • 0010892993 scopus 로고
    • Variability of prices, output and money under fixed and fluctuating exchange rates: An empirical study of monetary regimes in Japan and the United States
    • Meltzer, Allan H., 1985, Variability of prices, output and money under fixed and fluctuating exchange rates: An empirical study of monetary regimes in Japan and the United States, Bank of Japan Monetary and Economic Studies, December 1-46.
    • (1985) Bank of Japan Monetary and Economic Studies , vol.DECEMBER , pp. 1-46
    • Meltzer, A.H.1
  • 30
    • 0003264079 scopus 로고
    • Testing causality using efficiently parameterized vector ARMA models
    • Newbold, Paul and Steven M. Hotopp, 1986, Testing causality using efficiently parameterized vector ARMA models, Applied Mathematics and Computation, 20 329-348.
    • (1986) Applied Mathematics and Computation , vol.20 , pp. 329-348
    • Newbold, P.1    Hotopp, S.M.2
  • 32
    • 0010825456 scopus 로고
    • QMS, Irvine, CA
    • Quantitative Micro Software, 1995, Econometric Views, Ver. 2.0., (QMS, Irvine, CA).
    • (1995) Econometric Views, Ver. 2.0
  • 33
    • 0011331228 scopus 로고
    • Interdependence in the Pacific Basin
    • Unpublished working paper
    • Selover, David D., 1991, Interdependence in the Pacific Basin, A vector autoregression approach, Unpublished working paper.
    • (1991) A Vector Autoregression Approach
    • Selover, D.D.1
  • 34
    • 0000997472 scopus 로고
    • Macroeconomics and reality
    • Sims, Christopher A., 1980, Macroeconomics and reality, Econometrica, 48(1) 1-48.
    • (1980) Econometrica , vol.48 , Issue.1 , pp. 1-48
    • Sims, C.A.1
  • 35
    • 0000745315 scopus 로고
    • Inference in linear time series models with some unit roots
    • Sims, C.A., J.H. Stock and M.W. Watson, 1990, Inference in linear time series models with some unit roots, Econometrica, 58(1) 113-144.
    • (1990) Econometrica , vol.58 , Issue.1 , pp. 113-144
    • Sims, C.A.1    Stock, J.H.2    Watson, M.W.3
  • 36
    • 0002427626 scopus 로고
    • International fiscal policy transmission
    • Jan I. Haaland and Victor D. Norman, Blackwell, Oxford and New York
    • Svensson, Lars E.O., 1988, International fiscal policy transmission, in: Jan I. Haaland and Victor D. Norman, Modelling Trade and Trade Policy, (Blackwell, Oxford and New York), pp. 89-118.
    • (1988) Modelling Trade and Trade Policy , pp. 89-118
    • Svensson, L.E.O.1
  • 37
    • 0000922266 scopus 로고
    • September, Excess capacity, monopolistic competition, and international transmission of monetary disturbances
    • Svensson, Lars E.O. and Sweder van Winjbergen, 1989 September, Excess capacity, monopolistic competition, and international transmission of monetary disturbances, Economic Journal, 99 785-805.
    • (1989) Economic Journal , vol.99 , pp. 785-805
    • Svensson, L.E.O.1    Van Winjbergen, S.2
  • 38
    • 0002351661 scopus 로고
    • Exchange rate regimes and European-U.S. policy interdependence
    • Swoboda, Alexander K., 1983, Exchange rate regimes and European-U.S. policy interdependence, IMF Staff Papers, 30(1) 75-112.
    • (1983) IMF Staff Papers , vol.30 , Issue.1 , pp. 75-112
    • Swoboda, A.K.1
  • 39
    • 84977337482 scopus 로고
    • Economic intredependence in Pacific Asia: An international input-output analysis
    • Yamazawa, Ippei, Takashi Nohara and Hiroshi Osada, 1986, Economic intredependence in Pacific Asia: An international input-output analysis, the developing economies, 24(2) 95-108.
    • (1986) The Developing Economies , vol.24 , Issue.2 , pp. 95-108
    • Yamazawa, I.1    Nohara, T.2    Osada, H.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.