Artículos de revistas
Correlation of business cycles in the euro zone
Fecha
2009Registro en:
ECONOMICS LETTERS, v.102, n.1, p.56-58, 2009
0165-1765
10.1016/j.econlet.2008.11.011
Autor
GONCALVES, Carlos Eduardo S.
RODRIGUES, Mauro
SOARES, Tiago
Institución
Resumen
In this short article we use a simple differences-in-clifferences technique to investigate whether bilateral correlation of business cycles increased more amongst members of the European Monetary Union (EMU) after the implementation of the Euro than amidst other OECD economies. We present evidence suggesting this to be the case. (C) 2008 Elsevier B.V. All rights reserved.