Patterns and determinants of business cycle synchronization in the enlarged European Economic and Monetary Union
This paper provides empirical evidence about the degree of business cycle synchronization between the euro area countries and eight new European Union member states. We analyze the direct and indirect effects of similarity of economic structures and trade intensity on the co-movement of fluctuations...
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Format: | Article |
Language: | English |
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Alexandru Ioan Cuza University of Iasi
2010-06-01
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Series: | Eastern Journal of European Studies |
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Online Access: | http://ejes.uaic.ro/articles/EJES2010_0101_SIE.pdf |