Wavelet Spectrum Analysis of Business Cycles of China and G7 Countries

Wirtschaftswissenschaften

Fidrmuc, Jarko, Korhonen, Iikka, Poměnková, Jitka

Wavelet Spectrum Analysis of Business Cycles of China and G7 Countries

Fidrmuc, Jarko, Korhonen, Iikka, Poměnková, Jitka: Wavelet Spectrum Analysis of Business Cycles of China and G7 Countries, Applied Economics Letters, 2014; Jg. 21 (18): 1309-1313: http://10.1080/13504851.2014.920468 (download: https://ideas.repec.org/p/hhs/bofitp/2014_005.html) .

Originalarbeiten in wissenschaftlichen Fachzeitschriften mit Review-Verfahren

We employ a wavelet spectrum analysis to study globalization and business cycles in China and G7 countries. The co-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co-movements for business-cycle frequencies are generally different from those for other frequencies. We find a significant relationship between the time-varying wavelet measure of synchronization and trade only for business-cycle frequencies. The co-movements at longer frequencies are negatively related to trade, so that the overall co-movements and trade tend not to be significantly related.

http://10.1080/13504851.2014.920468

Zeppelin-Lehrstuhl für Internationale Wirtschaftstheorie & -politik (eingerichtet 05 / 2011)

Am Seemooser Horn 20
88045 Friedrichshafen

Tel: +49 7541 6009-1241
Fax: +49 7541 6009-1299
Email: jarko.fidrmuc@zu.de
http://www.zeppelin-university.de/deutsch/lehrstuehle/internationales_management/internationales_management_profil.php