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Exporting recessions: International links and the business cycle

  • Yetman, James

Empirical evidence of "decoupling" typically focuses on declining business cycle correlations at low frequencies. At higher frequencies business cycles strongly co-move during recessions, but are largely independent during non-recessionary periods.

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File URL: http://www.sciencedirect.com/science/article/B6V84-514R640-4/2/dbb94c69bbe27912abf4983c7103ec5e
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 110 (2011)
Issue (Month): 1 (January)
Pages: 12-14

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Handle: RePEc:eee:ecolet:v:110:y:2011:i:1:p:12-14
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  18. Glenn Otto & Graham Voss & Luke Willard, 2001. "Understanding OECD Output Correlations," RBA Research Discussion Papers rdp2001-05, Reserve Bank of Australia.
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