Mondialisation et fluctuations des cycles économiques
[globalisation and business cycle fluctuation]
AbstractIn this work, we are interested in studying the profile synchronization between world economies before and after the concept of globalization and economic integration. Initially, an analysis of features of macroeconomic fluctuations is developed. Two approaches have been developed;the traditional approach and the modern approach. We will use the HP filter to extract the transient components time series considered and the method of Bry and Boschan (1971) for the determination of points reversals and for dating business cycles. In a second step, we will address the issue synchronization. The results show an average timing between the world economies (50%) and highest among economies of similar nature (65%).
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 22755.
Date of creation: 20 Jul 2010
Date of revision:
cycles classiques; cycles modernes; filtre HP; datation; synchronisation; intégration économique.;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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