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April 1, 2003American Economic Review

Why Has the U.S. Economy Become Less Correlated with the Rest of the World?

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JHJonathan HeathcoteFederal Reserve Bank of MinneapolisFPFabrizio PerriFederal Reserve Bank of Minneapolis

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Heathcote et al. (2003) studied this question.

synapsesocial.com/papers/6a85c66e581d4f62e2d5bb62https://doi.org/10.1257/000282803321946813
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