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...
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| Format: | workingPaper |
| Language: | eng |
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2010
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| Online Access: | http://hdl.handle.net/1822/11658 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/11658 |