This survey of business cycle synchronization in the European monetary union focuses on
two issues: have business cycles become more similar, and which factors drive business …

We use wavelet analysis to study business cycle synchronization across the EU-15 and the
Euro-12 countries. Based on the wavelet transform, we propose a metric to measure and test …

We analyze the impact of financial globalization on business cycle synchronization using a
proprietary database on banks' international exposure for industrialized countries during …

Verbal fluency tasks have been used as tools to measure various cognitive processes, such
as executive functions, memory, and language. Sex differences in verbal fluency …

Does input trade synchronize business cycles across countries? I incorporate input trade
into a dynamic multisector model with many countries, calibrate the model to match bilateral …

In this paper we assess the impact of oil price shocks on oil-producer and oil-consuming
economies. VAR models for different countries are linked together via a trade matrix, as in …

This paper examines business cycle synchronization in the European Monetary Union with
a special focus on the core-periphery pattern in the aftermath of the crisis. Using a quarterly …

This paper investigates the role of global value chain (GVC) trade in explaining bilateral
business cycle synchronization between China and the Belt and Road countries in the …

Synchronization is defined as interdependencies among coupled dynamic systems. In most
coupled systems the intrinsic and internal variants, and the interdependencies among their …

Abstract Ever since Frankel and Rose's (1998) seminal paper, the literature on trade and
business cycle synchronization has relied on gross trade data, with weak results in recent …