2013•Unpublished venueRequires access

Business Cycle Synchronization: A Study of ECO members

Rasekhi Saeed, سمیه صادقی

Abstract

business cycle synchronization is an important topic since it involves with transfering economic shocks among the countries with some degree of business cycle synchronization. The synchronization may be increased by integrating. Estimating index of synchronization(de-trended real GDP correlation)and then analyzing the results The results indicate the bilateral Synchronization in ECO integration. So, we suggest that the members should cooperate with each other and pay attention to the effects of their economic policies regarding to the Synchronization.

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Key concepts: Synchronization (alternating current), Business cycle, Data synchronization, Business, Industrial organization, Computer science, Process management, Economics