Ormerod, Paul; Mounfield, Craig - In: Physica A: Statistical Mechanics and its Applications 307 (2002) 3, pp. 494-504
The degree of convergence of the business cycles of the economies of the European Union (EU) is a key policy issue. In particular, a substantial degree of convergence is needed if the European Central Bank is to be capable of setting a monetary policy which is appropriate to the stage of the...