The paper uses quarterly GDP data for some 30 years up to and including 2001, to examine the identity and development of the European business cycle. Cycles are identified by using a band-pass filter version of the Hodrick-Prescott filter and affiliations are examined using clustering techniques...

The paper uses quarterly GDP data for some 30 years up to and including 2001, to examine the identity and development of the European business cycle. Cycles are identified by using a band-pass filter version of the Hodrick-Prescott filter and affiliations are examined using clustering techniques...

The accession of ten new members to the European Union on May 1st 2004 is among the most significant developments in the history of European integration. Based upon studies conducted by the European Forecasting Network, this book analyses key aspects of the impact of this recent enlargement with...