Kabderian Dreyer, Johannes; Schmid, Peter Alfons - 2020 - 1st ed. 2020.
This book analyses business cycles synchronization in the Euro Area (EA), one of the 3 criteria that define Optimal Currency Areas (OCAs). Even before its launch, economists questioned whether the EA has what it takes to become an OCA. The onset of the sovereign debt crisis in 2010 confirmed the...