It takes the average reader and 56 minutes to read Has Globalization Really Increased Business Cycle Synchronization? by Eric Monnet
Assuming a reading speed of 250 words per minute. Learn more
This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization at the global level. The world business cycle was as strong during Bretton Woods (1950-1971) than during the Globalization period (1984-2006). Although globalization did not affect the average level of co-movement, trade and financial integration strongly affect the way countries co-move with the rest of the world. We find that financial integration de-synchronizes national outputs from the world cycle, although the magnitude of this effect depends crucially on the type of shocks hitting the world economy. This de-synchronizing effect has offset the synchronizing impact of other forces, such as increased trade integration.
Has Globalization Really Increased Business Cycle Synchronization? by Eric Monnet is 55 pages long, and a total of 14,025 words.
This makes it 19% the length of the average book. It also has 17% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 16 minutes to read Has Globalization Really Increased Business Cycle Synchronization? aloud.
Has Globalization Really Increased Business Cycle Synchronization? is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Has Globalization Really Increased Business Cycle Synchronization? by Eric Monnet is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Has Globalization Really Increased Business Cycle Synchronization? by Eric Monnet on Amazon click the button below.
Buy Has Globalization Really Increased Business Cycle Synchronization? on Amazon