Arbeitspapier
Meta-analysis of the business cycle correlation between the Euro Area and the CEECs
We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already have comparably high correlation with the euro area business cycle. We find that estimation methodologies can have a significant effect on correlation coefficients. While CEEC central bankers tend to be more conservative in their estimates than academics or eurosystem researchers, we find no evidence of a geographical bias in the studies.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1693
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Classification Discontinued 2008. See C83.
Foreign Exchange
Economic Integration
- Thema
-
monetary union
optimum currency area
business cycles
meta analysis
Europäische Wirtschafts- und Währungsunion
Konjunkturzusammenhang
Schätzung
Value at Risk
Osteuropa
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fidrmuc, Jarko
Korhonen, Iikka
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fidrmuc, Jarko
- Korhonen, Iikka
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2006