Below are given data of concordance indices demonstrating synchronization of business and financial cycles. Compare (1) advanced economies and emerging markets in terms of the concordance indices for a) output-credit cycles, b) output-and house price cycles and c) output-equity price cycles and (2) concordance indices for a), b) and c). Advanced Emerging Markets Economies Output and Суcles Output Price Cycles Output and Price Cycles Credit 0.8 0.7 and House 0.7 0.5 Equity 0.6 0.6

ENGR.ECONOMIC ANALYSIS
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Below are given data of concordance indices demonstrating synchronization of business
and financial cycles. Compare (1) advanced economies and emerging markets in terms of
the concordance indices for a) output-credit cycles, b) output-and house price cycles and
c) output-equity price cycles and (2) concordance indices for a), b) and c).
Advanced
Emerging Markets
Economies
Output
Сycles
Output
Price Cycles
Output
Price Cycles
and
Credit
0.8
0.7
and
House
0.7
0.5
and
Equity
0.6
0.6
Transcribed Image Text:Below are given data of concordance indices demonstrating synchronization of business and financial cycles. Compare (1) advanced economies and emerging markets in terms of the concordance indices for a) output-credit cycles, b) output-and house price cycles and c) output-equity price cycles and (2) concordance indices for a), b) and c). Advanced Emerging Markets Economies Output Сycles Output Price Cycles Output Price Cycles and Credit 0.8 0.7 and House 0.7 0.5 and Equity 0.6 0.6
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