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Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?

Author

Listed:
  • Diana A. Cooke
  • M. Ayhan Kose
  • Christopher Otrok
  • Michael T. Owyang

Abstract

Some countries? business cycles are in sync with the world?s, while other countries? cycles follow the ups and downs just of their neighbors?. This regional connection is even more prevalent if a region is defined not by geography but by common cultures and institutions.

Suggested Citation

  • Diana A. Cooke & M. Ayhan Kose & Christopher Otrok & Michael T. Owyang, 2015. "Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?," The Regional Economist, Federal Reserve Bank of St. Louis, issue April.
    • Handle: RePEc:fip:fedlre:00070
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    File URL: https://www.stlouisfed.org/~/media/Publications/Regional%20Economist/2015/April/Regional_Global_business_cycles.pdf
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    Cited by:

    1. Arčabić, Vladimir & Škrinjarić, Tihana, 2021. "Sharing is caring: Spillovers and synchronization of business cycles in the European Union," Economic Modelling, Elsevier, vol. 96(C), pages 25-39.
    2. Berry A. Harahap & Pakasa Bary & Anggita Cinditya M. Kusuma, 2020. "The Determinants of Indonesia’s Business Cycle," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(special i), pages 215-235.
    3. Emmanuel Ameyaw, 2023. "The relevance of domestic and foreign factors in driving Ghana’s business cycle," SN Business & Economics, Springer, vol. 3(9), pages 1-33, September.

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