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Measuring the determinants of business cycle synchronization using a panel approach

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  • Cerqueira, Pedro André
  • Martins, Rodrigo

Abstract

This paper investigates the GDP synchronization determinants using a new index for panel data that captures time variability effects. Although most of our evidence is in line with previous studies, the effect of financial openness differs from the standard findings.

Suggested Citation

  • Cerqueira, Pedro André & Martins, Rodrigo, 2009. "Measuring the determinants of business cycle synchronization using a panel approach," Economics Letters, Elsevier, vol. 102(2), pages 106-108, February.
  • Handle: RePEc:eee:ecolet:v:102:y:2009:i:2:p:106-108
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    References listed on IDEAS

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