Cyclical synchronization in the EMU along the financial crisis: An interpretation of the conflicting signals
We analyze how cyclical synchronization in the EMU evolved since the onset of the current financial crisis. The standard measures of cyclical correlation suggest that while the cycle of the euro area became more aligned with the cycles of other developed economies, the EMU itself apparently entered...
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| Format: | Article |
| Language: | English |
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University of A Coruna
2012-06-01
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| Series: | European Journal of Government and Economics |
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| Online Access: | http://revistas.udc.es/index.php/ejge/article/view/4278 |