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Exporting recessions: International links and the business cycle

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  • Yetman, James

Abstract

Empirical evidence of "decoupling" typically focuses on declining business cycle correlations at low frequencies. At higher frequencies business cycles strongly co-move during recessions, but are largely independent during non-recessionary periods.

Suggested Citation

  • Yetman, James, 2011. "Exporting recessions: International links and the business cycle," Economics Letters, Elsevier, vol. 110(1), pages 12-14, January.
    • Handle: RePEc:eee:ecolet:v:110:y:2011:i:1:p:12-14
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