Studies on the ethical culture of organizations have mainly focused on ethical culture at the
organizational level. This study explores ethical culture at the team level because this can …

Using a dynamic factor model, we uncover four main empirical regularities on international
comovements in a long-run panel of real and nominal variables. First, the contribution of …

This paper tackles the question of whether a cross-sectional perspective on monetary policy
is capable of explaining movements in global commodity prices. In this vein, we contribute to …

This volume offers two important contributions to the literature on sovereign debt. First, it
provides a unique genealogy of debt collection practices in terms of their availability …

Increasing economic integration and global synchronization can be key for countries aiming
to catch up in GDP per capita terms. Little attention has hitherto been placed in …

Since regional economies are exposed to the region common shock, the degree of co-
movement of each region's business cycle is strong, possibly exaggerating or biasing the …

We argue that the 2007 crisis was not a global banking crisis. Stock prices of banks in
emerging countries faced a temporary shock but quickly recovered, while stock prices of …

In this paper we re‐estimate the correlation between trade and business cycle
synchronization. Different from other previous studies, we use long‐run GDP and trade data …

This paper investigates the business cycle co‐movement across countries and regions since
1950 as a measure for quantifying the economic interdependence in the ongoing …

Although the notion of globalization is widely used in contemporary life, yet we lack its
distinct and precise concept; there are still problems in terminology and in the overall …