Business cycle synchronization across US states
We use wavelet analysis to conclude that individual U.S. states' business cycles are very well synchronized. We also find evidence of a strong and significant correlation between business cycle dissimilitudes and the distance between each pair of states, consistent to gravity type mechanisms wh...
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| Other Authors: | , , |
| Format: | article |
| Language: | eng |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1822/47845 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/47845 |