Gehringer, Agnieszka; König, Jörg - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-23
This paper studies the process of business cycle synchronization in the European Union and the euro area. As our … monetary policy of the European Central Bank (ECB), special attention is paid to the pattern of business cycle synchronization … euro area shows that there was a certain synchronization tendency in the first years of the common currency. However, the …