Trade in Intermediate Inputs and Business Cycle Comovement
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Does input trade synchronize business cycles across countries? I incorporate input trade into a dynamic multi-sector model with many countries, calibrate the model to match bilateral input-output data, and estimate trade-comovement regressions in simulated data. With correlated productivity shocks,
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美国国家经济研究局创建时间：
2012-07-01
