Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?

Diana A. Cooke, Ayhan Kose, Christopher Otrok and Michael Owyang

The Regional Economist, 2015, issue April

Abstract: Some countries? business cycles are in sync with the world?s, while other countries? cycles follow the ups and downs just of their neighbors?. This regional connection is even more prevalent if a region is defined not by geography but by common cultures and institutions.

Date: 2015
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