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Synchronization of Business Cycles and the Extensive Margin of Trade

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  • Ana Maria Santacreu

Abstract

The business cycle is more highly synchronized between countries that trade more differentiated intermediate products with each other.

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  • Ana Maria Santacreu, 2015. "Synchronization of Business Cycles and the Extensive Margin of Trade," Economic Synopses, Federal Reserve Bank of St. Louis, issue 15.
    • Handle: RePEc:fip:fedles:00042
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    References listed on IDEAS

    as
    1. Kose, M. Ayhan & Yi, Kei-Mu, 2006. "Can the standard international business cycle model explain the relation between trade and comovement?," Journal of International Economics, Elsevier, vol. 68(2), pages 267-295, March.
    2. Liao, Wei & Santacreu, Ana Maria, 2015. "The trade comovement puzzle and the margins of international trade," Journal of International Economics, Elsevier, vol. 96(2), pages 266-288.
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