Business Cycles Around the Globe: Some Key Facts |
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| Authors: | Péter Benczúr Attila Rátfai |
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| Institution: | 1. European Commission Joint Research Centre, Ispra, Italy;2. Department of Economics, Central European University, Budapest, Hungary |
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| Abstract: | We document massive heterogeneity in basic cyclical patterns within groups of developed and emerging market economies. While we detect marked differences between developed and emerging countries as well, the distributions of key business cycle statistics tend to overlap across different country groups. |
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| Keywords: | business cycles open economies |
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