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Business cycle synchronization represents a condition for the successful implementation of the common monetary policy … within the Economic and Monetary Union. There is a tight relation between business cycle synchronization and the economic … factors which influence the synchronization of the economic fluctuations of the economies in the Euro area. A second objective …
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, Poland and Slovakia makes it possible to assess the degree of business cycle synchronization between the countries. …
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This paper analyses the comovement of the German and Austrian economies and the transmission of German shocks to Austria. Static and dynamic correlation measures show a strong comovement and a change of the relative position in time of these two economies. The transmission of German shocks to...
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