Article ID Journal Published Year Pages File Type
5060400 Economics Letters 2012 4 Pages PDF
Abstract
► We analyze business cycles in the frequency domain. ► Dynamic correlations are superior to static correlations. ► We estimate a system of equations for dynamic correlations and selected variables. ► Trade and financial integration have different effects for different frequencies. ► Trade is the most robust determinant of business cycle similarity by frequencies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
International transmission of business cycles: Evidence from dynamic correlations
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