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International transmission of medium-term technology cycles: Spain as a recipient country

Lunes, 14 noviembre 2011

Documento número 11/32

International transmission of medium-term technology cycles: Spain as a recipient country

This paper documents stylized facts of international medium-term business cycles by exploring the pattern of comovement between a catching-up economy, Spain, and each of the obvious candidate countries to technological leadership of the 1950-2007 period, the U.S., France, Germany, Italy and the U.K.

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