Business cycle synchronization during US recessions since the beginning of the 1870s

Nikolaos Antonakakis

Research output: Contribution to journalArticlepeer-review

102 Downloads (Pure)

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.
Original languageEnglish
Pages (from-to)467 - 472
Number of pages6
JournalEconomics Letters
Volume117
Issue number2
DOIs
Publication statusPublished - Nov 2012

Fingerprint

Dive into the research topics of 'Business cycle synchronization during US recessions since the beginning of the 1870s'. Together they form a unique fingerprint.

Cite this