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Business Cycle Synchronisation: Disentangling Global Trade and Financial Linkages

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Abstract

Trade and financial linkages are the arteries through which the life-blood of the world economy circulates. Does this imply that trade and financial integration increasingly synchronise the ‘pulse rates’ of modern economies, that is, their business cycles? And how can we disentangle the roles played by trade and financial linkages?

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© 2010 Filippo di Mauro, Stephane Dees and Marco J. Lombardi

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di Mauro, F., Dees, S., Lombardi, M.J. (2010). Business Cycle Synchronisation: Disentangling Global Trade and Financial Linkages. In: Catching the Flu from the United States. Palgrave Macmillan, London. https://doi.org/10.1057/9780230282070_2

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