The synchronization of GDP growth in the G7 during US recessions

Using the Dynamic Conditional Correlation (DCC) model due to Engle ( 2002 ), we estimate time-varying correlations of quarterly real GDP growth among the G7 countries. In general, we find that rather heterogeneous patterns of international synchronization exist during US recessions. During the 2007-...

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Bibliographic details
Volume:	19
Main Author:	Antonakakis, Nikolaos Scharler, Johann
Format:	Journal Article
Language:	English
Place of publication:	ABINGDON Taylor & Francis 01.01.2012 ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD Taylor and Francis Journals
published in:	Applied economics letters Vol. 19; no. 1; pp. 7 - 11
ORCID:	0000-0002-0904-3678
Data of publication:	1/1/2012
ISSN:	1350-4851 1466-4291
EISSN:	1466-4291
Discipline:	Economics
Series:	Applied Economics Letters
Subjects:	business cycle synchronization dynamic conditional correlation recession Economics Business & Economics Social Sciences BUSINESS CYCLES business cycle synchronization MODELS dynamic conditional correlation recession
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2012 Web of Knowledge Web of Science RePEc RePEc IDEAS CrossRef Database information Databases - DBIS