Micheal C. S. Wong

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— We consider the comovement of economic volatility across multiple countries. Using spatial models with data from 187 countries over the period of 1960–2007, we find a strong spatial comovement of economic volatility. More interestingly, the effect of geographical proximity on economic volatility comovement is strongest during the period of international(More)
Using bilateral trade data for 210 countries over the period 1948-2003, this paper attempts to shed some light on the relationship between the WTO and members' trade volatilities. We find that the trade among WTO members tends to be more stable than the trade outside the WTO, and there is strong evidence of interdependence of trade volatilities. The results(More)
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