Canova, Fabio; Ciccarelli, Matteo; Ortega, Eva - Department of Economics and Business, Universitat … - 2009
We study the effects that the Maastricht treaty, the creation of the ECB, and the Euro changeover had on the dynamics of European business cycles using a panel VAR and data from ten European countries - seven from the Euro area and three outside of it. There are changes in the features of...