The synchronization of business cycles and financial cycles in the euro area

W Oman - International Journal of Central Banking, 2019 - hal.science
Using a frequency-based filter, I document the existence of a euro-area financial cycle and
high-and low-amplitude national financial cycles. Applying concordance and similarity …

The effects of financial integration during crises

A Tang, W Yao - Journal of International Money and Finance, 2022 - Elsevier
We investigate the role of financial integration in the spread of the 2008 global financial
crisis. Using a rich dataset covering 31 countries between 1978 and 2018, we find that …

Trade and business cycle synchronization: The role of common trade partners

N Azcona - International Economics, 2022 - Elsevier
The effect of international trade on business cycle co-movement has traditionally been
tested by focusing on bilateral trade relationships. This article studies whether trade also …

Regional business cycle synchronization in emerging and developing countries: Regional or global integration? Trade or financial integration?

C Gong, S Kim - Journal of International Money and Finance, 2018 - Elsevier
This paper examines the effects of regional versus global integration and trade versus
financial integration on regional business cycle synchronization in three regions containing …

Business cycle synchronization: Disentangling direct and indirect effect of financial integration in the Indian context

R Padhan, KP Prabheesh - Economic Modelling, 2020 - Elsevier
The study empirically investigates the effect of financial integration (FI) on business cycle
synchronization (BCS) in the Indian context. Using concordance index, dynamic conditional …

Business cycles, bilateral trade and financial integration: Evidence from Economic Community of West African States (ECOWAS)

S Zouri - International Economics, 2020 - Elsevier
This paper identifies the determinants of synchronization of business cycles in ECOWAS,
which is a key issue from the perspective of creating a single currency in 2020. Indeed …

[HTML][HTML] International trade network and stock market connectedness: Evidence from eleven major economies

K You, VLR Chinthalapati, T Mishra, R Patra - Journal of International …, 2024 - Elsevier
Depth of cross-country international trade engagement is an important source of (the
strength of) stock-market connectedness, depicting how directional attributes of trade …

Macroeconomic effects of bank lending in an emerging economy: Evidence from Turkey

T Büyükbaşaran, G Karasoy-Can, H Küçük - Economic Modelling, 2022 - Elsevier
Credit policies have been increasingly used by many emerging economies to support
economic activity during downturns, more recently in response to the COVID-19 pandemic …

Monetary agreements reform and issue of the key fiscal convergence criterion in the West African Economic and Monetary Union (WAEMU)

L Kebalo, S Zouri - Journal of Economic Integration, 2022 - JSTOR
This paper estimates a fiscal deficit threshold that maximizes economic growth and is
favorable to business cycles synchronization given the compliance of countries. The …

Business cycle co-movement in Europe: trade, industry composition and the single currency

N Azcona - Open Economies Review, 2022 - Springer
This paper studies the reasons why business cycles are more synchronized between some
European economies than between others. It analyzes the cyclical co-movement of real …