Artis, Michael; Marcellino, Massimiliano; Proietti, Tommaso - In: Journal of Business Cycle Measurement and Analysis 2005 (2005) 1, pp. 7-41
We analyse the evolution of the business cycle in the new EU member countries, after a careful examination of the … degree of cyclical concordance within the group of new EU member countries, which turns out to be in general lower than that … between the EU-15 countries (the Baltic countries constitute an exception). With respect to the euro area, the indications of …