Sectoral business cycle synchronization in the European Union

This paper analyses sectoral business cycle synchronization in an enlarged European Union using annual data for the period 1980-2005. In particular, we try to identify which sector for each country is driving the aggregate output business cycle synchronization. Overall, the sectors that provide the...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Furceri, Davide (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10400.5/2567
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2567