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Adding Space to the International Business Cycle (English)

Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global business cycle driven by shocks with worldwide reach, or spillovers resulting from local real and/or financial linkages between countries. ... See More +

WPS8786 MAR 21, 2019

Abate,Girum Dagnachew; Serven,Luis Disclosed

Assessing the international comovement of equity returns (English)

The international comovement of equity returns has been viewed as reflecting either pervasive common shocks or local linkages between countries. ... See More +

Policy Research Working Paper WPS8516 JUL 11, 2018

Abate,Girum Dagnachew; Serven,Luis Disclosed