Economic History: Macroeconomics and Monetary Economics; Growth and Fluctuations: General, International, or Comparative

Business Cycle Synchronization Since 1880

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Version Date: 
Apr 2011

This paper studies the international business cycle behaviour across 25 advanced and emerging market economies for which 125 years of annual
GDP data are available. The picture that emerges is more fragmented than the one drawn by studies that focused on a narrower set of advanced market

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