Arbeitspapier
The Synchronization of GDP Growth in the G7 during U.S. Recessions. Is this Time Different?
Using the dynamic conditional correlation (DCC) model due to Engle (2002), we estimate time varying correlations of quarterly real GDP growth among the G7 countries. In general, we find that rather heterogeneous patterns of international synchronization exist during U.S. recessions. During the 2007 - 2009 recession, however, international co-movement increased substantially.
- Sprache
-
Englisch
- Erschienen in
-
Series: FIW Working Paper ; No. 49
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Open Economy Macroeconomics
- Thema
-
Dynamic conditional correlation
Business cycle synchronization
Recession
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Antonakakis, Nikolaos
Scharler, Johann
- Ereignis
-
Veröffentlichung
- (wer)
-
FIW - Research Centre International Economics
- (wo)
-
Vienna
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Antonakakis, Nikolaos
- Scharler, Johann
- FIW - Research Centre International Economics
Entstanden
- 2010
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