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(Since when) Are East and West German business cycles synchronised?
Gießler, Stefan; Heinisch, Katja; Holtemöller, Oliver - 2019
This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised...
Persistent link: https://www.econbiz.de/10011984935
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(Since when) are East and West German business cycles synchronised?
Gießler, Stefan; Heinisch, Katja; Holtemöller, Oliver - 2019
This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised...
Persistent link: https://www.econbiz.de/10011981554
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Disentangling different patterns of business cycle synchronicity in the EU regions
Anagnostou, Ageliki; Panteladis, Ioannis; Tsiapa, Maria - 2012
The present paper discourses on how European integration and gradual enlargement has affected the synchronicity in business cycles in EU regions. The analysis, which is conducted on annual data at the NUTSII level, is based on the following grounds: First, it examines the degree of synchronicity...
Persistent link: https://www.econbiz.de/10011508019
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru; Canova, Fabio - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10011147551
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Institutions and Business Cycles
Altug, Sumru; Emin, Mustafa; Neyapti, Bilin - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2011
, we also examine the determinants of business cycle synchronization for the countries in our sample. In contrast to … earlier studies which seek to account for such synchronization using gravity arguments as well as trade intensity and …
Persistent link: https://www.econbiz.de/10009001073
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Regionalization vs. Globalization
Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2013
Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...
Persistent link: https://www.econbiz.de/10010859370
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Do institutions and culture matter for business cycles?
Altug, Sumru; Canova, Fabio - Department of Economics and Business, Universitat … - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10010849590
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru; Canova, Fabio - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
cycle features. Business cycle synchronization is tightly related to similarities in the institutional environment …
Persistent link: https://www.econbiz.de/10010851386
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Institutions and Business Cycles
Altug, Sumru G.; Emin, Mustafa; Neyapti, Bilin - C.E.P.R. Discussion Papers - 2012
determinants of business cycle synchronization for the countries in our sample, we also demonstrate that the bilateral proximity of …
Persistent link: https://www.econbiz.de/10011083779
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Do Institutions and Culture Matter for Business Cycles?
Altug, Sumru G.; Canova, Fabio - C.E.P.R. Discussion Papers - 2013
duration of expansions is shorter; the amplitude and the output costs of recessions are larger; and cyclical synchronization is … synchronization. By contrast, differences in cultural indicators account for relative differences in the persistence, the volatility … and the synchronization of cyclical fluctuations. Theoretical and policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011084013