Economic Policy in the International Economy: Economic Integration, Industrial Specialization, and the Asymmetry of Macroeconomic Fluctuations

By Sebnem Kalemli‐ozcan, Bent E. Sørensen, Oved Yosha. 2003

397 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/77b5a2cad029334205f0e0feeb976ac12b215682

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In Economics and Econometrics

Citations in the corpus

Recessions, recoveries and regional resilience: evidence on Italy (2015, background): “Similar productive contexts, for instance, will probably experience symmetric rises and falls (Clark and Van Wincoop, 2001; Kalemli-Ozcan et al., 2001).”
European Economic and Monetary Integration, and the Optimum Currency Area Theory (2008, background): “As previously mentioned, Kalemli-Ozcan et al. (2003) argue that risk-sharing tends to increase in a currency union, bolstering the case for higher specialisation in production.”
Financial Regulation, Financial Globalization and the Synchronization of Economic Activity (2009, methodology): “Likewise accounting for specialization patterns seems important as financial integration affects specialization patterns (e.g. Obstfeld (1994); Kalemli-Ozcan, Sørensen, and Yosha (2001)).”
A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares? (2004, background): “This idea goes back to Kalemli-Ozcan et al. (2001) and originally to Mundell (1973).”
Trade, Finance, Specialization, and Synchronization (2003, background): “20 Kalemli-Ozcan et al. (2001) estimate a variant of equation (1), but without a trade term. Then, Kalemli-Ozcan et al. (2003) estimate a variant of equation (3), and let specialization depend on financial integration.”
The Real Effects of Financial Integration (2006, neutral): “3For evidence going the former way, see Kalemli-Ozcan et al (2001, 2003).”
Regional business cycle synchronization in Europe? (2007, methodology): “…used technique.3 De Haan et al. (2007) show that the theoretical measure based on the potential loss of welfare due to asymmetric GDP fluctuations in the absence of risk sharing mechanisms as constructed by Kalemli-Ozcan et al. (2001) bears a strong resemblance with the correlation coefficient.”
Determinants of Business Cycle Synchronisation Across Euro Area Countries (2006, background): “12 ECB Working Paper Series No. 587 February 2006 unavailability of bilateral data; see Imbs (2004) and Kose et al. (2003).”
Will business cycles in the Euro Area converge: a critical survey of empirical research (2008, background): “An exception is the work by Kalemli-Ozcan et al. (2001), who argue that a natural measure of asymmetry quantifies the potential loss of welfare due to asymmetric GDP fluctuations in the absence of risksharing mechanisms.”