ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Social Science / Third World Development

Has Globalization Really Increased Business Cycle Synchronization?

| £7.50 | €8.43 | Ca$12.17 | Au$12.01
by Eric Monnet & Damien Mr. Puy
What is this?DRM-EPUB by download  |  $9.00
What is this?DRM-PDF by download  |  $9.00
add to wish list
Has Globalization Really Increased Business Cycle Synchronization? by Eric Monnet & Damien Mr. Puy

This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization at the global level. The world business cycle was as strong during Bretton Woods (1950-1971) than during the Globalization period (1984-2006). Although globalization did not affect the average level of co-movement, trade and financial integration strongly affect the way countries co-move with the rest of the world. We find that financial integration de-synchronizes national outputs from the world cycle, although the magnitude of this effect depends crucially on the type of shocks hitting the world economy. This de-synchronizing effect has offset the synchronizing impact of other forces, such as increased trade integration.

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.

SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 836956

Ebook Details
Pages: 55
Size: 2.6 MB
Date published:   2016
ISBN: 9781513566436 (DRM-EPUB)
9781513566757 (DRM-PDF)

DRM Settings
Copying:not allowed
Printing:not allowed
Read Aloud:  not allowed

Territory Restrictions
This ebook will only be sold to customers with a billing address in:

This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Social Science > Third World Development

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

© 2016