Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001615519
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these … countries in a manner similar to the synchronisation of supply and demand shocks we document for the EU in the 1990s.JEL numbers …
Persistent link: https://www.econbiz.de/10012963432
criteria implies extensive business cycle harmonization between CEECs and EU countries in the medium term …
Persistent link: https://www.econbiz.de/10014224026
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these … countries in a manner similar to the synchronisation of supply and demand shocks we document for the EU in the 1990s …
Persistent link: https://www.econbiz.de/10014224096
(CEECs), a topic that has gained attention in recent years as new EU entrants prepare for participation in the monetary union …
Persistent link: https://www.econbiz.de/10014224103