International Business Cycle Coherence and Phases- A spectral analysis of output fluctuations of G7 economies
No 2008-FIN-01, Working Papers from IESEG School of Management
This paper examines international linkages of co-movements in output fluctuations amongst G7 economies in the frequency domain. The paper has identified patterns in international business cycle co-movements among the G7, offering a general outlook of international business cycle co-movements and detailing the lower frequency, higher frequency and middle range characteristics of international linkages of output fluctuations. The main findings of the study are that co-movements among G7 economies are considerably stronger at lower frequencies, with clearer patterns of linkages of international output fluctuations, than those at higher frequencies and in middle ranges. The results and findings show support for real business cycle theory being extended to an international arena, with long effect real shocks impacting economies across borders.
Keywords: business cycles; frequency domain; coherence; phase (search for similar items in EconPapers)
JEL-codes: E32 C32 (search for similar items in EconPapers)
Pages: 38 pages
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://my.ieseg.fr/bienvenue/DownloadDoc.asp?Fich=132652026_2008-FIN-1_Wang.pdf First version, 2008 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to my.ieseg.fr:80 (No such host is known. )
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ies:wpaper:f200801
Access Statistics for this paper
More papers in Working Papers from IESEG School of Management Contact information at EDIRC.
Bibliographic data for series maintained by Joao DA CUNHA ().