Essays about: "Business cycle synchronization"

Found 3 essays containing the words Business cycle synchronization.

1. 1. The influence that a common currency and market conditions have on economic integration : A cross-quantilogram and DCC-EGARCH approach

   University essay from Linköpings universitet/Nationalekonomi

   Author : Sebastian Lindman; Tom Tuvhag; [2018]
   Keywords : Economic integration; Business cycle synchronization; Correlation; Market condition; DCC- EGARCH; Cross-quantilogram;

   Abstract : Countries participating in a common currency area increase their integration within the area. This paper investigates the impact common currency areas have for economic integration with economies of different characteristic outside the area. Results for a common currency group compares to a sovereign currency group. READ MORE

3. 2. Wavelet Analysis of Business Cycle Synchronization in Europe

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Glenn Nielsen; [2018]
   Keywords : wavelet analysis; business cycle synchronization; principal component analysis; Euro area; optimum currency area; Business and Economics;

   Abstract : Business cycle synchronization is an essential criterion for creating and maintaining an optimal currency area. In this paper, it is investigated whether this required criterion holds for the Euro area at different time horizons (short run, medium run and long run), and if the financial crisis of 2007-2008 influenced the degree of synchronization in Europe. READ MORE

4. 3. Divergence during crisis? The effect of the 2008 crisis on factors of business cycle synchronisztion of EMU countries.

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Maria-Desislava Klimentova; [2017]
   Keywords : business cycle synchronization; trade intensity; financial integration; economic structure; Business and Economics;

   Abstract : The paper examines the effect of the economic crisis of 2008 on factors influencing business cycle synchronization, namely trade intensity, financial integration and difference in economic structure. Using fixed effect regression models, I find that financial integration has a robust positive effect on business cycle synchronization, which is stronger among countries members of the European Monetary Union. READ MORE