comovement

English

Etymology

co- +‎ movement

Noun

comovement (countable and uncountable, plural comovements)

1. The correlated or similar movement of two or more entities.
   • 2005, James Hamilton, What’s Real About the Business Cycle?, in: Federal Reserve Bank of St. Louis Review, July/August 2005

     In the other meaning of the term “real,” however—the sense from which springs the label “real business cycle,” namely, a cycle unrelated to monetary developments—the evidence adduced here for the importance of comovements between financial and real variables suggests that the cycle is not “real” at all or, at the least, not completely divorced from monetary developments.