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-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co …-movements for business cycle frequencies are generally different from those for other frequencies, and synchronization with China … synchronization at business-cycle frequency. We find a significant relationship between the time-varying wavelet measure of …
Persistent link: https://www.econbiz.de/10012148722
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10010459812
degree of business cycle synchronization within the OECD area, especially at business-cycle frequencies. Thus, different …
Persistent link: https://www.econbiz.de/10009399625
, they lower the degree of business cycle synchronization within the OECD area. …
Persistent link: https://www.econbiz.de/10005190677
-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co …-movements for business cycle frequencies are generally different from those for other frequencies, and synchronization with China … synchronization at business-cycle frequency. We find a significant relationship between the time-varying wavelet measure of …
Persistent link: https://www.econbiz.de/10011191519
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10011200094
Paul de Grauwe and Paul Krugman are two of the most significant economists who are interested in single currency influence on the economic cycle. In our paper we try to show that a complex view of argumentation of both the economists i.e. (from both the views of the individual countries and the...
Persistent link: https://www.econbiz.de/10008754972
States in the region economy, we use these three economies as our "reference countries" to study the synchronization of their … synchronization of their business cycles, including trade linkages, financial linkages, and policy similarities. From our panel data … the degree of their business cycle synchronization. …
Persistent link: https://www.econbiz.de/10011281409
the determinants of business cycle synchronization is also provided. …
Persistent link: https://www.econbiz.de/10008583550
specializations and economic policy coordination, contributed to the synchronization of business cycles in the enlarged EU. We … synchronization, specifically between incumbent and new EU members. More coordinated fiscal policies and, particularly in EU 15, the … alignment of monetary policies promoted synchronization. Nevertheless, flexible exchange rates remained important adjustment …
Persistent link: https://www.econbiz.de/10011345483