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Economic Integration in West Africa: Does the CFA Make a Difference?

Fielding, David; Shields, Kalvinder - Department of Economics, Leicester University - 2003

paper covers a number of dimensions of integration including the volume of bilateral trade, real exchange rate volatility …

Persistent link: https://www.econbiz.de/10005385073

The impact of monetary union on macroeconomic integration : evidence from West Africa

Fielding, David; Shields, Kalvinder K. - 2004

dimensions of integration including the volume of bilateral trade, real exchange rate volatility and the magnitude of cross …

Persistent link: https://www.econbiz.de/10011506430

Economic Freedom Variables Endogenous to Business Cycles

Murphy, Ryan - 2019

A large empirical literature has found positive effects of economic freedom on economic outcomes, such as output and per capita growth. However, several variables in the index are very likely to decline in conjunction with recessions. In the absence of these variables, does the well-studied...

Persistent link: https://www.econbiz.de/10012894917

Real Business Cycles in the Philippines

Zoleta, Aris - 2018

1977 – 1983 is the most volatile period which in this period include the balance of payment crisis of 1985. The last cycle …

Persistent link: https://www.econbiz.de/10012914101

Monetary Integration in Africa : Is There a Business Cycles Synchronisation Between and Within Regional Economic Communities?

Diop, Samba - 2018

This paper focuses on business cycle synchronisation between Regional Economic Communities in Africa during the period 1980Q1-2016Q4. We consider a time series clustering analysis to evaluate whether the Regional Economic Communities (RECs) have similar patterns in business cycle comovements....

Persistent link: https://www.econbiz.de/10012930232

Banking Stability and the Financial Cycle : The Spanish Experience

Lozano-Vivas, Ana - 2017

early warning indicator of the banking crisis in Spain. Finally, an exogenous deviation of actual loan loss provisions …

Persistent link: https://www.econbiz.de/10012955386

Characterising the Business Cycle for Accession Countries

Artis, Michael J.; Marcellino, Massimiliano; Proietti, … - 2014

such as the extent of trade and the gains in credibility may point in a different direction …

Persistent link: https://www.econbiz.de/10014071708

How Hard is the Euro Area Core? An Evaluation of Growth Cycles Using Wavelet Analysis

Mayes, David G.; Crowley, Patrick M.; Maraun, Douglas - 2007

Using recent advances in time-varying spectral methods, this research analyses the growth cycles of the core of the euro area in terms of frequency content and phasing of cycles. The methodology uses the continuous wavelet transform (CWT) and also Hilbert wavelet pairs in the setting of a...

Persistent link: https://www.econbiz.de/10014223612

Dating the Euro Area Business Cycle

Marcellino, Massimiliano; Artis, Michael J.; Proietti, … - 2014

In this paper we compare alternative approaches for dating the Euro area business cycle and analyzing its characteristics. First, we extend a commonly used dating procedure to allow for length, size and amplitude restrictions, and to compute the probability of a phase change. Second, we apply...

Persistent link: https://www.econbiz.de/10014084917

Are more severe recessions followed by stronger recoveries? : evidence from the Mexican states employment

Mejía Reyes, Pablo; Vergara-González, Reyna - 2015

, trying to capture the initial impulses that may have taken the economy out the recession. The recession and recovery periods … growth is measured as the monthly average growth rate from the end of the prior recession up to 9, 12 and the number of … over the recession, respectively) have separated negative effects on subsequent growth recoveries, especially after the …

Persistent link: https://www.econbiz.de/10011477197