Business cycles, core and periphery in monetary unions: Comparing Europe and North America
We compare Europe with the USA and Canada as regards business cycle synchronization and core-periphery patterns. A long sample (1950-2005) makes it possible to study how these aspects have evolved over time. Results support the economic viability of EMU. Average cyclical correlations among European...
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Format: | workingPaper |
Language: | eng |
Published: |
2022
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Online Access: | http://hdl.handle.net/10400.5/23934 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/23934 |