Salvato, Márcio Antônio; Issler, João Victor; Angelo … - Associação dos Centros de Pós-Graduação em … - 2005
We investigate whether business cycles are all alike computing the welfare costs of business cycles for European-Union (EU) as the solution of the problem proposed by Lucas (1987). Because these countries have a long tradition of integration and trade, it is a "natural experiment" to investigate...
