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International Business Cycle Co-Movements through Time: The Anglo-Saxon Experience

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Author Info

  • Dan Andrews
  • Marion Kohler

Abstract

Over the past 40 years the business cycles of Anglo-Saxon countries have become more closely synchronized. This paper investigates whether the factors suggested for explaining cycle co-movements across countries can also explain changes through time. We find that most of the cross-sectional explanations – trade, industrial structure and relative market flexibility – can also explain changes through time. However, the size and sign of the impact vary across country pairs.

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Bibliographic Info

Article provided by Duncker & Humblot, Berlin in its journal Applied Economics Quarterly.

Volume (Year): 55 (2009)
Issue (Month): 2 ()
Pages: 147-172

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Handle: RePEc:aeq:aeqaeq:v55_y2009_i2_q2_p147-172

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Web: http://www.duncker-humblot.de/index.php/zeitschriften/wirtschafts-undsozialwissenschaften/appliedeconomicsquarterly.html

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Keywords: business cycle co-movement; international transmission;

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