-movement of short-term cycles did appear to spike subsequent to the euro’s adoption, but that this greater apparent integration …A lack of co-movement among the national housing markets in the euro monetary union makes the job of the ECB difficult … cycles, however, have been shown to play a more important role for long-run output and the financial cycle than short …

policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR …

euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the … EMU aggregate – except for Sweden. Instead, the business cycles in most of the other countries exhibit only a very weak …

euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the … EMU aggregate - except for Sweden. Instead, the business cycles in most of the other countries exhibit only a very weak …

‘European business cycle(s)’. To provide a data-based country group analysis, we apply a fuzzy clustering approach to quarterly … the euro area (EA). Moreover, we find that Germany’s business cycle is not a suitable substitute for the core. By … analyzing the relation between the identified ‘European core business cycle’ and the peripheral cycles over time, we show …

The aim of this paper is to investigate business cycle synchronization between seven candidate countries to the Euro … Area (EA) - Bulgaria, Czech Republic, Croatia, Hungary, Poland, Romania and Sweden - and the Euro Area (EA-12/EA-19 … Sweden and the Euro Area, Germany, and France. The second highest correlation was observed for the Czech Republic followed by …

This paper examines the reaction of house prices in a panel of euro area countries to monetary policy surprises over …