Business Cycle Synchronization in the Euro Area

Artikel

Business cycle synchronization represents a condition for the successful implementation of the common monetary policy within the Economic and Monetary Union. There is a tight relation between business cycle synchronization and the economic convergence of the Member States of the Monetary Union. Investigating the specialized literature, this study analyses below the factors which influence the synchronization of the economic fluctuations of the economies in the Euro area. A second objective of this study is represented by the pointing out of the evolution of the synchronization process of the business cycle after the adoption of the euro, in the euro area countries by reference to the empiric evidence. The hypothesis of the study states that the introduction of the unique currency in 1999 resulted into the increase of the synchronization degree of the business cycle.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: CES Working Papers ; ISSN: 2067-7693 ; Volume: 4 ; Year: 2012 ; Issue: 3 ; Pages: 429-440 ; Iasi: Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Business Fluctuations; Cycles ; Financial Aspects of Economic Integration ; International Business Cycles
• Thema: business cycle ; synchronization ; economic convergence ; Monetary Union ; euro area Romania

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Valeanu, Ioana Laura
• Ereignis: Veröffentlichung
• (wer): Alexandru Ioan Cuza University of Iasi, Centre for European Studies
• (wo): Iasi
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/198188
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ