Series: IMF Working Papers
Author(s): Dong He , Wei Liao , and Tommy Wu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 April 2015
Keywords: Business cycle synchronization, permanent income hypothesis, stochastic trend, structural vector autoregression, permanent income, exports, economy, International Business Cycles, structural vector autoregression.,
This paper investigates the synchronization of Hong Kong SAR's economic growth with mainland China and the United States. This paper identifies trends of economic growth based on the permanent income hypothesis. Sp...