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Business Cycles, Exchange Rates, And Commodity Prices In Transition Economies, Salome Giorgadze

Theses and Dissertations

My dissertation studies macroeconomic connectedness in the transition economies through the business cycle and exchange rate channels and the downside risk relationship between commodity prices and exchange rates of developing economies. My first two chapters focus on the transition economies of the Commonwealth of Independent States, the CIS, a group of former Soviet republics, and my third chapter considers other developing countries too. The first chapter examines macroeconomic connectedness in the CIS region through business cycle synchronization. I investigate the role of the global factor and the CIS factor in evolution of business cycles in the CIS countries by applying …