Savva, Christos S.; Neanidis, Kyriakos C.; Osborn, Denise R. - In: International Journal of Finance & Economics 15 (2010) 3, pp. 288-306
We examine business cycle synchronizations between the euro area and the recently acceded EU and currently negotiating countries. Strong evidence is uncovered of time-variation in the degree of co-movement between the cyclical components of monthly industrial production indicators for each of...