Economic cycle synchronization in the context of financial crisis: empirical evidence of Denmark, Sweden and United Kingdom

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F12%3A00192555" target="_blank" >RIV/62156489:43110/12:00192555 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Economic cycle synchronization in the context of financial crisis: empirical evidence of Denmark, Sweden and United Kingdom

Original language description

The paper focuses on the economic cycle synchronization of the euro area outsiders: Denmark, Sweden and United Kingdom. The authors discussed openness of the selected economies, their structural similarities and economic cycle synchronization in the years 2000 -- 2011. They applied moving correlation and correlation between the selected countries and the euro area. They found significant synchronization of the economic cycles after the year 2005. Furthermore, economic cycles of the analyzed countries were exceptionally synchronized than the euro area average level. Our contribution is in comparison of the economic cycle synchronization in the selected countries with the euro area average. The authors assume that changes in order provide important information about the synchronization, unbiased by the consequences of the financial crisis in the year 2007. A theoretical background for the final discussions provided new version of the OCA theory focused on the costs associated with the lo

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/GAP402%2F11%2F0570" target="_blank" >GAP402/11/0570: Time-frequency approach for the Czech Republic business cycle dating</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

ISSN

1211-8516

e-ISSN

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Volume of the periodical

60

Issue of the periodical within the volume

7

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

8

Pages from-to

155-162

UT code for WoS article

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EID of the result in the Scopus database

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