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Business Cycles and Their International Transmission – the Introduction to the Problem

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  • Ewa Szymanik

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    (University of Economics in Cracow, Poland)

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    Abstract

    The article presents the problem of business cycle transmission and the role of canals of transmission in the contemporary world. Because of the theoretical character of the problem the used methodology is a presentation of the results of the researches and theoretical works about the problem of crisis sources and their transmission.

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    File URL: http://www.equilibrium.umk.pl/plikidopobrania/2012_3_4_szymanik.pdf
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    Bibliographic Info

    Article provided by Uniwersytet Mikolaja Kopernika in its journal Equilibrium. Quarterly Journal of Economics and Economic Policy.

    Volume (Year): 7, Issue 3 (2012)
    Issue (Month): ()
    Pages: 55-72

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    Handle: RePEc:cpn:umkequ:2012:v3:4

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    Related research

    Keywords: business cycle; crisis; transmission of cycles;

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    References

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    1. Kose, M. Ayhan & Otrok, Christopher M. & Prasad, Eswar S., 2008. "Global business cycles: convergence or decoupling?," Discussion Paper Series 1: Economic Studies 2008,17, Deutsche Bundesbank, Research Centre.
    2. Artis, Michael J & Okubo, Toshihiro, 2008. "Globalization and Business Cycle Transmission," CEPR Discussion Papers 7041, C.E.P.R. Discussion Papers.
    3. Bergman, Michael, 2004. "How Similar Are European Business Cycles?," Working Papers 2004:9, Lund University, Department of Economics.
    4. Jeffrey A. Frankel & Andrew K. Rose, 1996. "The Endogeneity of the Optimum Currency Area Criteria," NBER Working Papers 5700, National Bureau of Economic Research, Inc.
    5. Ahmed, S. & Ickes, B. & Wang, P. & Yoo, S., 1989. "International Business Cycles," Papers 7-89-4, Pennsylvania State - Department of Economics.
    6. M. Ayhan Kose & Eswar Prasad & Christopher Otrok, 2008. "Global Business Cycles," IMF Working Papers 08/143, International Monetary Fund.
    7. Horag Choi & George Alessandria, 2004. "Export Decisions and International Business Cycles," 2004 Meeting Papers 54, Society for Economic Dynamics.
    8. David K. Backus & Patrick J. Kehoe & Finn E. Kydland, 1993. "International business cycles: theory vs. evidence," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall, pages 14-29.
    9. Michael D. Bordo & Thomas F. Helbling, 2010. "International Business Cycle Synchronization in Historical Perspective," NBER Working Papers 16103, National Bureau of Economic Research, Inc.
    10. Costas Arkolakis & Ananth Ramanarayanan, 2008. "Vertical specialization and international business cycle synchronization," Globalization and Monetary Policy Institute Working Paper 21, Federal Reserve Bank of Dallas.
    11. Vicente Tuesta & Juan F. Rubio-Ramirez & Pau Rabanal, 2009. "Cointegrated TFP Processes and International Business Cycles," IMF Working Papers 09/212, International Monetary Fund.
    12. Maurice Obstfeld, 1994. "The Logic of Currency Crises," NBER Working Papers 4640, National Bureau of Economic Research, Inc.
    13. James H. Stock & Mark W. Watson, 2003. "Understanding Changes in International Business Cycle Dynamics," NBER Working Papers 9859, National Bureau of Economic Research, Inc.
    14. U. Michael Bergman & Michael D. Bordo & Lars Jonung, 1998. "Historical evidence on business cycles: the international experience," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 42(Jun), pages 65-119.
    15. Mario J. Crucini & M. Ayhan Kose & Christopher Otrok, 2008. "What Are the Driving Forces of International Business Cycles?," NBER Working Papers 14380, National Bureau of Economic Research, Inc.
    16. Kamil Yilmaz, 2009. "Business Cycle Spillovers," 2009 Meeting Papers 1079, Society for Economic Dynamics.
    17. Zarnowitz, Victor, 1985. "Recent Work on Business Cycles in Historical Perspective: A Review of Theories and Evidence," Journal of Economic Literature, American Economic Association, vol. 23(2), pages 523-80, June.
    18. Michael Artis, 2003. "Is there a European Business Cycle?," CESifo Working Paper Series 1053, CESifo Group Munich.
    19. Victor Zarnowitz, 1985. "Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence," NBER Working Papers 1503, National Bureau of Economic Research, Inc.
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