Identifying the common component in international economic fluctuations : a new approach /

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Bibliographic Details
Author / Creator:Lumsdaine, Robin L.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Department, ©1999.
Description:1 online resource (38 pages).
Language:English
Series:IMF working paper ; WP/99/154
IMF working paper ; WP/99/154.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496893
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Other authors / contributors:Prasad, Eswar.
International Monetary Fund. Research Department.
ISBN:1282029487
9781282029484
1451902379
9781451902372
1462365019
9781462365012
1452751218
9781452751214
9786613796721
6613796727
9781451857214
1451857217
ISSN:2227-8885
Notes:Includes bibliographical references (pages 36-38).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:The world economy has become more closely integrated in recent years due to increasing trade and financial flows across countries. This has spurred interest in the question of how the ongoing phenomenon of "globalization" has affected the transmission and propagation of business cycle fluctuations across national borders. An important question in this context is whether a substantial fraction of economic fluctuations are country-specific or if there exists a "world business cycle," which might be defined as fluctuations that are common for all countries. More generally, the comovement of macroeconomic aggregates across different countries has become a topic of increasing interest in both academic and policy circles.
Other form:Print version: Lumsdaine, Robin L. Identifying the common component in international economic fluctuations. [Washington, D.C.] : International Monetary Fund, Research Department, ©1999
Standard no.:10.5089/9781451902372.001