Robust correlations between prices and labour values: a comment
Article Abstract:
A critical view of Andre Kliman's study is presented. Kliman's research cast doubts over the previous studies showing strong correlation between market prices and labour charges. The effects of deflation of sectoral prices and values on the correlation are also examined.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2005
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Why has the U.S. economy become less correlated with the rest of the world?
Article Abstract:
A study conducted to understand the consequences that led to the changes in international business-cycle co-movement is presented. Results indicate that financial integration has played the major role in producing the observed changes in international co-movement.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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