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dc.contributor.authorCaporale, Guglielmo Mariaen_US
dc.contributor.authorGirardi, Alessandroen_US
dc.date.accessioned2012-11-27en_US
dc.date.accessioned2012-12-05T12:13:25Z-
dc.date.available2012-12-05T12:13:25Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/67079-
dc.description.abstractThis paper adopts a flexible framework to assess both short- and long-run business cycle linkages between six Latin American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the period 1980:I-2011:IV. The result indicate that within the LA region there are considerable differences between countries, success stories coexisting with extremely vulnerable economies. They also show that the LA region as a whole is largely dependent on external developments, especially in the years after the great recession of 2008 and 2009. The trade channel appears to be the most important source of business cycle co-movement, whilst capital flows are found to have a limited role, especially in the very short run.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDiscussion Papers, German Institute for Economic Research, DIW Berlin 1254en_US
dc.subject.jelC32en_US
dc.subject.jelE32en_US
dc.subject.jelF31en_US
dc.subject.jelF41en_US
dc.subject.ddc330en_US
dc.subject.keywordInternational Business Cycleen_US
dc.subject.keywordLatin Americaen_US
dc.subject.keywordVAR modelsen_US
dc.subject.keywordTrade and Financial Linkagesen_US
dc.subject.stwKonjunkturzusammenhangen_US
dc.subject.stwAußenwirtschaften_US
dc.subject.stwKapitalmobilitäten_US
dc.subject.stwLateinamerikaen_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwUSAen_US
dc.subject.stwEurozoneen_US
dc.subject.stwJapanen_US
dc.subject.stwChinaen_US
dc.titleBusiness cycles, international trade and capital flows: Evidence from Latin Americaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn730540375en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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DIW-Diskussionspapiere

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