It takes the average reader and 14 minutes to read How Does Globalization Affect the Synchronization of Business Cycles? by Mr.Ayhan Kose
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This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of synchronization of business cycles. The evidence that trade and financial integration enhance global spillovers of macroeconomic fluctuations is stronger for industrial countries. One striking result is that, on average, cross-country consumption correlations have not increased in the 1990s, precisely...
How Does Globalization Affect the Synchronization of Business Cycles? by Mr.Ayhan Kose is 14 pages long, and a total of 3,556 words.
This makes it 5% the length of the average book. It also has 4% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 19 minutes to read How Does Globalization Affect the Synchronization of Business Cycles? aloud.
How Does Globalization Affect the Synchronization of Business Cycles? is suitable for students ages 6 and up.
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