Savva, Christos S.; Neanidis, Kyriakos C.; Osborn, Denise R. - School of Economics, University of Manchester - 2007
We examine business cycle synchronizations between the euro area and the recently acceded EU and currently negotiating … countries have at least doubled their business cycle synchronization with the euro area, or changed from negative to positive … industrial production indicators for each of these countries with a euro area aggregate, which is then modeled through a …