Can the standard international business cycle model ...

Can the standard international business cycle model explain the relation between trade and comovement? M. Ayhan Kosea,*, Kei-Mu Yib a International Monetary Fund, 700 19th St., N.W., Washington, DC 20431, United States b Research Department, Federal Reserve Bank of Philadelphia, 10 Independence Mall, Philadelphia, PA 19106, United States Received 11 December 2002; received … ................
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