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

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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:	Publisher http://www.sciencedirect.com/science/art...
URI:	https://epub.wu.ac.at/id/eprint/3602

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• Business Cycle Synchronization During US Recessions Since the Beginning of the 1870's. (deposited 25 Apr 2012 14:37)
  • Business Cycle Synchronization During US Recessions Since the Beginning of the 1870s. (deposited 20 Aug 2012 12:56) [Currently Displayed]

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