Oil shocks and the Euro as an optimum currency area

We use wavelet analysis to study the impact of the Euro adoption on the oil price macroeconomy relation in the Euroland. We uncover evidence that the oil-macroeconomy relation changed in the past decades. We show that after the Euro adoption some countries became more similar with respect to how the...

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Bibliographic Details
Main Author: Conraria, Luís Aguiar (author)
Other Authors: Rodrigues, Teresa Maria (author), Soares, Maria Joana Feijão Ehrhardt (author)
Format: bookPart
Language:eng
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/1822/33592
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/33592