convergence and divergence (decoupling) in the European Union, especially in the Euro Zone. One of the factors determining … analyze the influence exerted by international trade over the synchronization of business cycles in Poland, the European Union … and the Euro Zone from 1995 to 2011. The analytical methods employed here encompass a review of the literature on …

We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … euro area and acceding counties.We find that several acceding countries have a quite high correlation of underlying shocks … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these …

euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the …

euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the …

We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … euro area and acceding counties. We find that several acceding countries have a quite high correlation of underlying shocks … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these …

convergence and divergence (decoupling) in the European Union, especially in the Euro Zone. One of the factors determining … analyze the influence exerted by international trade over the synchronization of business cycles in Poland, the European Union … and the Euro Zone from 1995 to 2011. The analytical methods employed here encompass a review of the literature on …

the euro adoption. We start from identifying booms and busts in private consumption and investment in fourteen “old” EU …) prone to macroeconomic booms and busts and, secondly, to empirically assess the risk of a boom-bust cycle in Poland after … then use the estimated equations to assess the probability of booms and busts in Poland over the period 2004 to 2009. Our …

This paper compares the cyclical properties of fiscal policies across the 12 original eurozone countries and the future … counter-cyclical in Central and Eastern European countries than in members of the eurozone. The main differences arise from … the revenue side. Differences in the formation of fiscal policy between current and future eurozone countries decrease …

This paper compares the cyclical properties of fiscal policies across the 12 original eurozone countries and the future … counter-cyclical in Central and Eastern European countries than in members of the eurozone. The main differences arise from … the revenue side. Differences in the formation of fiscal policy between current and future eurozone countries decrease …