How does globalization affect the synchronization of business cycles?

American Economic Review

Volumn 93, Issue 2, 2003, Pages 57-62

  Kose, M Ayhan ^b   Prasad, Eswar S ^b   Terrones, Marco E ^a  

^a INTERNATIONAL MONETARY FUND   (United States)

^b NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 1342319412     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/000282803321946804     Document Type: Conference Paper

References (10)

1. Calderon, Cesar A.; Chong, Alberto E. and Stein, Ernesto H. "Trade Intensity and Business Cycle Synchronization: Are Developing Countries Any Different?" Mimeo, Central Bank of Chile, Santiago, 2002.
2. Heathcote, Jonathan and Perri, Fabrizio. "Financial Globalization and Real Regionalization." National Bureau of Economic Research (Cambridge, MA) Working Paper No. 9292, October 2002.
3. Imbs, Jean. "Trade, Finance, Specialization and Synchronization. " Mimeo, London Business School, London, U.K., 2002.
4. Kose, M. Ayhan; Prasad, Eswar and Terrones, Marco E. "Financial Integration and Macro-economic Volatility." IMF Staff Papers, International Monetary Fund, Washington, DC, 2003a (forthcoming).
5. _. "Globalization and Business Cycle Comovement." Mimeo, International Monetary Fund, Washington, DC, 2003b.
6. Kose, M. Ayhan and Yi, Kei-Mu. "The Trade Comovement Problem in International Macroeconomics." Federal Reserve Bank of New York Staff Report No. 155, December 2002.
7. Lumsdaine, Robin and Prasad, Eswar. "Identifying the Common Component in International Economic Fluctuations: A New Approach." Economic Journal, January 2003, 113(484), pp. 101-27.
8. Otrok, Christopher and Whiteman, Charles H. "Bayesian Leading Indicators: Measuring and Predicting Economic Conditions in Iowa." International Economic Review, November 1998, 39(4), pp. 997-1014.
9. Otto, Glenn; Voss, Graham and Willard, Luke. "Understanding OECD Output Correlations." Reserve Bank of Australia (Canberra) Research Paper No. 2001-05, September 2001.
10. Prasad, Eswar; Rogoff, Kenneth S.; Wei, Shang-Jin and Kose, M. Ayhan. "The Effects of Financial Globalization on Developing Countries Some Empirical Evidence." IMF Occasional Papers, International Monetery Fund, Washington, DC, 2003 (forthcoming).