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When the US Sneezes, Do We Need to Catch a Cold? Historical and Future Linkages between the Australian and US Business Cycles

In: The Changing Nature of the Business Cycle

Contents:

Author Info

  • Mark Crosby

    (Melbourne Business School)

  • Philip Bodman

    (University of Queensland)

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Bibliographic Info

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This chapter was published in: Christopher Kent & David Norman (ed.) The Changing Nature of the Business Cycle, Reserve Bank of Australia, pages , 2005.

This item is provided by Reserve Bank of Australia in its series RBA Annual Conference Volume with number acv2005-12.

Handle: RePEc:rba:rbaacv:acv2005-12

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Phone: 61-2-9551-8111
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Related research

Keywords: business cycles; synchronisation; Australia; historical; monetary policy;

References

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  1. Frankel, Jeffrey A & Rose, Andrew K, 1996. "The Endogeneity of the Optimum Currency Area Criteria," CEPR Discussion Papers, C.E.P.R. Discussion Papers 1473, C.E.P.R. Discussion Papers.
  2. Andrews, Donald W K, 1993. "Tests for Parameter Instability and Structural Change with Unknown Change Point," Econometrica, Econometric Society, Econometric Society, vol. 61(4), pages 821-56, July.
  3. Rose, Andrew K & Engel, Charles, 2002. "Currency Unions and International Integration," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 34(4), pages 1067-89, November.
  4. M. Ayhan Kose & Eswar S. Prasad & Marco E. Terrones, 2003. "How Does Globalization Affect the Synchronization of Business Cycles?," American Economic Review, American Economic Association, American Economic Association, vol. 93(2), pages 57-62, May.
  5. Mark Crosby, 2003. "Business Cycle Correlations in Asia-Pacific," Working Papers 042003, Hong Kong Institute for Monetary Research.
  6. Todd E. Clark & Eric van Wincoop, 1999. "Borders and business cycles," Research Working Paper, Federal Reserve Bank of Kansas City 99-07, Federal Reserve Bank of Kansas City.
  7. Jonathan Heathcote & Fabrizio Perri, 2003. "Why Has the U.S. Economy Become Less Correlated with the Rest of the World?," American Economic Review, American Economic Association, American Economic Association, vol. 93(2), pages 63-69, May.
  8. Olivier Blanchard & John Simon, 2001. "The Long and Large Decline in U.S. Output Volatility," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 32(1), pages 135-174.
  9. Glenn Otto & Graham Voss & Luke Willard, 2001. "Understanding OECD Output Correlations," RBA Research Discussion Papers, Reserve Bank of Australia rdp2001-05, Reserve Bank of Australia.
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