Exporting recessions: International links and the business cycle

Empirical evidence of “decoupling” typically focuses on declining business cycle correlations at low frequencies. At higher frequencies business cycles strongly co-move during recessions, but are largely independent during non-recessionary periods.

Saved in:
Bibliographic Details
Published in:Economics letters 2011, Vol.110 (1), p.12-14
Main Author: Yetman, James
Format: Article
Language:English
Subjects:
Business cycle co-movement
Business cycle transmissions
Coefficient of correlation
Correlation coefficient
Decoupling
Decoupling Business cycle co-movement Correlation coefficient
Recession
World economy
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Empirical evidence of “decoupling” typically focuses on declining business cycle correlations at low frequencies. At higher frequencies business cycles strongly co-move during recessions, but are largely independent during non-recessionary periods.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2010.09.013