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Business Cycle Synchronisation: Disentangling Global Trade and Financial Linkages

Filippo Mauro, Stephane Dees and Marco Lombardi
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Filippo Mauro: European Central Bank

Chapter 2 in Catching the Flu from the United States, 2010, pp 18-42 from Palgrave Macmillan

Abstract: Abstract Trade and financial linkages are the arteries through which the life-blood of the world economy circulates. Does this imply that trade and financial integration increasingly synchronise the ‘pulse rates’ of modern economies, that is, their business cycles? And how can we disentangle the roles played by trade and financial linkages?

Keywords: Foreign Direct Invest; Business Cycle; Euro Area; Portfolio Investment; Financial Integration (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28207-0_2

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DOI: 10.1057/9780230282070_2

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