What drives business cycle synchronization? BMA results from the European Union

The last twenty years have brought a bulk of inconsistent results on the determinants of business cycle synchronization (BCS). Researchers have usually focused their attention on a limited set of possible determinants, not accounting for model uncertainty. For these reasons, Bayesian Model Averaging...

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Bibliographic Details
Main Author: Krzysztof Beck
Format: Article
Language:English
Published: Taylor & Francis Group 2019-07-01
Series:Baltic Journal of Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/1406099X.2019.1652393