Trade, Finance, Specialization, and Synchronization »
Journal Issue
Volume/Issue: 2003/81
Series: IMF Working Papers
Author(s): Jean Imbs
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2003
DOI: http://dx.doi.org/10.5089/9781451850383.001
ISBN: 9781451850383
Keywords: specialization, financial openness, international business cycle, optimal currency area, financial integration, equation, correlations, correlation, bilateral trade, Open Economy Macroeconomics,
The paper investigates the determinants of business cycles synchronization across regions. It uses both international and intranational data to evaluate the linkages between trade in goods, trade in financial asset...