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(Since when) Are East and West German business cycles synchronised?
Gießler, Stefan; Heinisch, Katja; Holtemöller, Oliver - 2019
This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised...
Persistent link: https://www.econbiz.de/10011984935
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(Since when) are East and West German business cycles synchronised?
Gießler, Stefan; Heinisch, Katja; Holtemöller, Oliver - 2019
This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised...
Persistent link: https://www.econbiz.de/10011981554
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Disentangling different patterns of business cycle synchronicity in the EU regions
Anagnostou, Ageliki; Panteladis, Ioannis; Tsiapa, Maria - 2012
The present paper discourses on how European integration and gradual enlargement has affected the synchronicity in business cycles in EU regions. The analysis, which is conducted on annual data at the NUTSII level, is based on the following grounds: First, it examines the degree of synchronicity...
Persistent link: https://www.econbiz.de/10011508019
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Institutions and business cycles
Altug, Sumru; Emin, Mustafa; Neyapti, Bilin - 2011
, we also examine the determinants of business cycle synchronization for the countries in our sample. In contrast to … earlier studies which seek to account for such synchronization using gravity arguments as well as trade intensity and …
Persistent link: https://www.econbiz.de/10010273647
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru; Canova, Fabio - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10010500213
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - 2013
Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...
Persistent link: https://www.econbiz.de/10010500234
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The synchronization of European credit cycles
Meller, Barbara; Metiu, Norbert - 2015
We study the synchronization of credit booms and busts among 12 major European economies and the United States between … credit cycle synchronization. …
Persistent link: https://www.econbiz.de/10011301350
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The synchronization of European credit cycles
Meller, Barbara; Metiu, Norbert - 2015
We study the synchronization of credit booms and busts among 12 major European economies and the United States between … credit cycle synchronization. …
Persistent link: https://www.econbiz.de/10011299045
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Business cycle correlation between the Euro area and the Balkan countries
Gouveia, Sofia - In: International Journal of Economic Sciences and Applied … 7 (2014) 1, pp. 33-49
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10011310264
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Macroeconomic Aspects of European Integration: Fiscal Policy, Trade Integration and the European Business Cycle
Crespo-Cuaresma, Jesús; Pfaffermayr, Michael; Amador, … - 2011
We analyze the role of fiscal policy and intra-European trade in business cycle synchronization in the EU for the … between trade integration and cyclical synchronization are subject to endogeneity problems. We instrument fiscal budget … trade integration are important determinants of cyclical synchronization. We can conclude that once a high degree of trade …
Persistent link: https://www.econbiz.de/10011345634