Series: IMF Working Papers
Author(s): Ayhan Kose , Eswar Prasad , and Christopher Otrok
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2008
Keywords: macroeconomic fluctuations, convergence, decoupling, business cycle, globalization period, business cycle fluctuations,
This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets,...