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Has the Euro changed the business cycle?

Enders, Zeno; Jung, Philip; Müller, Gernot J. - 2009

In this paper we analyze European business cycles before and under EMU. Across the two periods we find 1) a significant decline in real exchange rate volatility, 2) significant changes in cross-country correlations, and 3) the volatility of macroeconomic fundamentals largely unchanged. We...

Persistent link: https://www.econbiz.de/10003850663

Analysis of shocks affecting Europe : EMU and some Central and Eastern acceding countries

Ben Arfa, Nabil - In: Panoeconomicus 56 (2009) 1, pp. 21-38

Persistent link: https://www.econbiz.de/10003878999

Comovements and heterogeneity in the euro area analyzed in a non-stationary dynamic factor model

Eickmeier, Sandra - In: Journal of applied econometrics 24 (2009) 6, pp. 933-959

Persistent link: https://www.econbiz.de/10003886934

Analiza synchronizacji cykli koniunkturalnych w strefie euro

Skrzypczyński, Paweł - 2006

Persistent link: https://www.econbiz.de/10003409976

How to be well shod to absorb shocks? : Shock synchronization and joining the Euro zone

Gilson, Natacha - 2006

This paper examines the demand and supply shocks observed in the present Eurozone member states and those observed in … some neighboring countries. The analysis is based on recent data and each Eurozone member country is compared with an … aggregate series corresponding to an area made up of the entire Eurozone minus the country being compared. The results of the …