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

Nikolaos Antonakakis

doi:10.1016/j.econlet.2012.06.034

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

Nikolaos Antonakakis

WU Wirtschaftsuniversität Wien

Publikation: Wissenschaftliche Fachzeitschrift › Originalbeitrag in Fachzeitschrift › Begutachtung

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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.

Originalsprache	Englisch
Seiten (von - bis)	467-472
Fachzeitschrift	Economics Letters
Jahrgang	117
Ausgabenummer	2
DOIs	https://doi.org/10.1016/j.econlet.2012.06.034
Publikationsstatus	Veröffentlicht - 1 Nov. 2012

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BC 1870-2011 EconLet PrePrintAkzeptiertes Autor*inn*enmanuskript, 333 KBLizenz: Sonstige

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http://www.sciencedirect.com/science/article/pii/S0165176512003679

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Business Cycle Synchronization During US Recessions Since the Beginning of the 1870's
Antonakakis, N., 1 Apr. 2012, Vienna: WU Vienna University of Economics and Business, (Department of Economics Working Paper Series; Nr. 140).
Publikation: Working/Discussion Paper › WU Working Paper

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AB - 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.

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

Abstract

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Österreichische Systematik der Wissenschaftszweige (ÖFOS)

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

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