1 “... decline in the volatility of business cycle fluctuations and a slight increase in the degree of cyclical...”

2 “... range of FAVAR models. We find that house prices are synchronized across countries, and the degree...”

3 “... limited support for the conventional wisdom that globalization has increased the degree of synchronization...”

4 “... that there is at best a modest degree of international risk sharing, and certainly nowhere near the levels predicted...”

5 “... national economic activity. Finally, the degree of G-7 business cycle synchronization among country factors...”

6 “... range of FAVAR models. We find that house prices are synchronized across countries, and the degree...”