The endogeneity of optimum currency area criteria in the context of financial crisis: Evidence from the time-frequency domain analysis

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F13%3A00209512" target="_blank" >RIV/62156489:43110/13:00209512 - isvavai.cz</a>
Result on the web
<a href="http://www.agriculturejournals.cz/publicFiles/102412.pdf" target="_blank" >http://www.agriculturejournals.cz/publicFiles/102412.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The endogeneity of optimum currency area criteria in the context of financial crisis: Evidence from the time-frequency domain analysis
Original language description
We provide the wavelet analysis of the economic cycle synchronization during the recent fi nancial crisis. However, the global fi nancial crisis caused economic cycles in most European countries to become more strongly synchronized without increasing ofthe real convergence process. Our contribution is an application of the singular value decomposition to identify and remove the long-term trend including outliers appearing in the year 2007--2010. We found that the historically greater integration provides more highly synchronized cycles in the core Euro area member countries.
Czech name
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Czech description
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Type
J<sub>x</sub> - 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
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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