Business cycle synchronization and the euro: a wavelet analysis

We use wavelet analysis to study cycle synchronization across the EU-15 and the Euro-12 countries. Based on the wavelet transform, we propose a metric to measure and test for business cycles synchronization. Several conclusions emerge. France and Germany form the core of the Euro land, being the mos...

ver descrição completa

Detalhes bibliográficos
Autor principal: Conraria, Luís Aguiar (author)
Outros Autores: Soares, M. J. (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2010
Assuntos:
Texto completo:http://hdl.handle.net/1822/11658
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/11658