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Author:Clark, T.E.
Wincoop, E. van
Title:Borders and business cycles
Journal:Journal of International Economics
2001 : OCT, VOL. 55:1, p. 59-85
Index terms:BUSINESS CYCLES
EUROPEAN MONETARY SYSTEM
INTERNATIONAL ECONOMICS
EUROPE
USA
Language:eng
Abstract:The authors document that business cycles of U.S. Census regions are substantially more synchronized than those of European countries. Data from regions within European countries confirm a European border effect - within-country correlations are substantially larger than cross-country correlations.
SCIMA record nr: 226084
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