Revisiting business cycle synchronisation in the European Union

We assess the business cycle synchronization features of aggregate output in the 27 EU countries using annual data for the period 1970-2009. In particular, we compute measures of synchronisation for private consumption, government spending, gross fixed capital formation, exports and imports. Our res...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Sequeira, Ana (author)
Format: workingPaper
Language:eng
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10400.5/2859
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2859