Cappiello, Lorenzo (contributor); … - 2008
Main, Germany;
2 DG-Economics, European Central Bank, Kaiserstrasse 29, 60311 Frankfurt am Main, Germany; e-mail: lorenzo …, exchange rates cannot cushion any longer adverse shocks, business
cycles become more synchronised, and regulatory harmonization …,
business cycles have become more synchronised, and regulatory harmonization has
steadily progressed. Ceteris paribus this …