Business Cycle Synchronization During US Recessions Since the Beginning of the 1870s

Antonakakis, Nikolaos ORCID: https://orcid.org/0000-0002-0904-3678 (2012) Business Cycle Synchronization During US Recessions Since the Beginning of the 1870s. Economics Letters, 117 (2). pp. 467-472. ISSN 0165-1765

This is the latest version of this item.

[img]
Preview
PDF
BC_1870-2011_EconLet_PrePrint.pdf

Download (341kB)

Abstract

This paper examines the synchronization of business cycles across the G7 countries during US recessions since the 1870s. Using a dynamic measure of correlations, results depend on the globalization period under consideration. During the 2007-2009 recession, business cycles co-movements increased to unprecedented levels. (author's abstract)

Item Type: Article
Additional Information: To see the final version of this paper please visit the publisher's website. Access to the published version may require a subscription.
Keywords: dynamic conditional correlation / business cycles synchronization / recession / Globalisation
Classification Codes: JEL E3, E32, F4, F41, N10
Divisions: Departments > Volkswirtschaft > Internationale Wirtschaft
Version of the Document: Accepted for Publication
Variance from Published Version: None
Depositing User: Nikolaos Antonakakis
Date Deposited: 20 Aug 2012 12:56
Last Modified: 07 Nov 2019 09:04
Related URLs:
URI: https://epub.wu.ac.at/id/eprint/3602

Available Versions of this Item

Actions

View Item View Item

Downloads

Downloads per month over past year

View more statistics