An Empirical Analysis of Romania’s Comovement with the Euro Zone

In light of adopting the euro in the near future, it is important to asses to which extent the Romanian business cycle evolves in a similar fashion with that of the euro zone. The present study is an empirical investigation of the degree of business cycle synchronization between Romania and the euro...

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Bibliographic Details
Main Authors: Nicolae Dardac, Elena Bojesteanu
Format: Article
Language:English
Published: General Association of Economists from Romania 2009-11-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/423.pdf