dc.contributor.author | Barnett, William A. | |
dc.contributor.author | Dalkir, Mehmet | |
dc.date.accessioned | 2014-02-28T22:05:43Z | |
dc.date.available | 2014-02-28T22:05:43Z | |
dc.date.issued | 2005-03-30 | |
dc.identifier.citation | Barnett, William A. and Dalkir Mehmet "Gains from Synchronization," with Mehmet Dalkir, Studies in Nonlinear Dynamics and Econometrics, vol 11, no 1, March 2007, article 2, pp. 1 - 28. http://dx.doi.org/10.2202/1558-3708.1323 | |
dc.identifier.uri | http://hdl.handle.net/1808/13131 | |
dc.description | This is the author's final draft of the article, which is available electronically in its originally published version from doi:10.2202/1558-3708.1323 | |
dc.description.abstract | This paper investigates the transmission mechanisms of structural shocks and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside structural shocks and the fluctuations that the shocks generate. We identify conditions under which international economic links reduce the volatility and unpredictability of economic output emanating from shocks within the individual economies. Under certain conditions, devaluation of a country's currency causes reduction in the unpredictability of the business cycle and its volatility as seen by that country's exporters, while increased valuation of a country's currency produces higher unpredictability and volatility, as seen by the country's importers. | |
dc.language.iso | en | |
dc.publisher | Berkley Electronic Press | |
dc.subject | Bifurcation | |
dc.subject | Macroeconometric systems | |
dc.title | Gains from Synchronization | |
dc.type | Article | |
kusw.kuauthor | Barnett, William A. | |
kusw.kudepartment | Economics | |
dc.identifier.doi | 10.2202/1558-3708.1323 | |
dc.identifier.orcid | https://orcid.org/0000-0002-1280-2663 | |
kusw.oaversion | Scholarly/refereed, author accepted manuscript | |
kusw.oapolicy | This item does not meet KU Open Access policy criteria. | |
dc.rights.accessrights | openAccess | |