able to replicate key features of the data prior to and under EMU. We find that the euro has a strong bearing on the … cycles ; Euro ; Optimum Currency Area ; EMU ; Monetary Policy ; Exchange rate regime ; Cross-country spillovers …

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 …

after the introduction of the euro. Exceptions are a strong decline in real exchange rate volatility and a number of changes … standard business cycles statistics. However, further analysis reveals thatthe euro has changed the nature of the cycle through …

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 …

synchronization patterns in business cycles. The Eurozone has converged to a stable lower level of dispersion across business cycles …

This paper investigates which shocks drive asynchrony of business cycles in the euro area. Thereby, it unites two …. Results reveal that differences in the GDP dynamics in several peripheral countries compared to a euro zone core are triggered …

Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using … business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro …