UNDERSTANDING OECD OUTPUT CORRELATIONS

By G. Otto, G. Voss, Luke Willard. 2001

208 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/97385f0d6301f130eeedcabb36c3c55b4610c49e

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Citations in the corpus

Will business cycles in the Euro Area converge: a critical survey of empirical research (2008, background): “As pointed out by Otto et al. (2001), the first measure suffers from obscuring one-way interdependence, and the second suffers from not measuring the relative importance of trade in the total economy.”
Financial Regulation, Financial Globalization and the Synchronization of Economic Activity (2009, background): “For example, Rose (2009) show that inflation targeting countries tend to have a higher degree of business cycle synchronization, and Inklaar, Jong-A-Pin, and de Haan (2008) find that fiscal policy convergence has a first-order effect on the synchronicity of output growth in the OECD economies.”
Trade and Business Cycle Synchronization in OECD Countries: A Re-Examination (2008, unknown): “…Suggested by Robust in model for GDP correlation IP correlation Short-term interest rate correlation IMF, International Financial Statistics (IFS) Otto et al. (2001) Yes Yes Cyclically adjusted budget deficits correlation OECD Economic Outlook (vol. 76) Camacho et al. (2007) Yes Yes Capital…”
Credit Chains and Sectoral Comovement: Does the Use of Trade Credit Amplify Sectoral Shocks? (2010, methodology): “The transformed correlations are r̃cik = ln(rcik +1)− ln(1−rcik), which assumes a parametric non-linear relation between the correlations rcik and the variables of the model (see Otto et al., 2001, who introduced this).”
Breaks in the Variability and Comovement of G-7 Economic Growth (2003, background): “See Canova and Dellas (1993), Frankel and Rose (1998), Anderson, Kwark, and Vahid (1999), Imbs (1999, 2004), Clark and van Wincoop (2001), Otto, Voss, and Willard (2001), Gruben, Koo, and Millis (2002), and Calderon, Chong, and Stein (2003).”
Stock market synchronization and monetary integration (2011, background): “Otto et al. (2001) suggest a transformation of the dependent variable given as wi,j,t = ln 1 + ρi,j,t 1− ρi,j,t Figures 2 and 3 show that the transformation brings about an empirical distribution that is closer to the normal distribution.”
Can the Standard International Business Cycle Model Explain the Relation between Trade and Comovement? (2005, unknown): “Running cross country or cross region regressions, first Frankel and Rose (FR, 1998), and then, Clark and van Wincoop (2001), Otto, Voss, and Willard (2001), Calderon, Chong, and Stein (2002), Baxter and Kouparitsas (2004), and others have all found that, among industrialized countries, pairs of…”
Trade, Finance, Specialization, and Synchronization (2003, background): “Otto et al. (2001), Kalemli-Ozcan, Sorensen, and Yosha (2001), and Imbs (2001) all find a significantly positive role for an index of similarity in production structures.”
HAVE NATIONAL BUSINESS CYCLES BECOME MORE SYNCHRONIZED (2003, methodology): “For example, a one percentage 32 We use the function 1( ) ln 1 x f x x + = − following Otto, Voss, and Willard (2001).”