Spurious synchronization of business cycles – Dynamic correlation analysis of V4 countries

The purpose of our paper is to define rules for decision of existence spurious synchronization of countries within the currency area. We devote this new methodological approach from an empirical research based on the variability of a dynamic correlation (correlation in frequency domain). We analyze...

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Bibliographic Details
Main Authors: Svatopluk Kapounek, Jitka Poměnková
Format: Article
Language:English
Published: Mendel University Press 2012-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/60/4/0181/