Growth cycle synchronization of the Visegrad Four and the European Union
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F20%3A00504389" target="_blank" >RIV/67985556:_____/20:00504389 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11230/20:10383267
Result on the web
<a href="https://link.springer.com/article/10.1007/s00181-018-1601-x" target="_blank" >https://link.springer.com/article/10.1007/s00181-018-1601-x</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s00181-018-1601-x" target="_blank" >10.1007/s00181-018-1601-x</a>
Alternative languages
Result language
angličtina
Original language name
Growth cycle synchronization of the Visegrad Four and the European Union
Original language description
In this paper, we map the growth cycle synchronization across the European Union, specifically focusing on the position of the Visegrad Four countries. We study the synchronization using frequency and time-frequency domain. To accommodate for dynamic relationships among the countries, we propose a wavelet cohesion measure with time-varying weights. Analyzing quarterly data from 1995 to 2017, we show an increasing co-movement of the Visegrad Four countries with the European Union after the countries have accessed the European Union. We show that participation in a currency union increases the co-movement of the country adopting the Euro. Furthermore, we find a high degree of synchronization at business cycle frequencies of the Visegrad Four and countries of the European monetary union.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA16-14151S" target="_blank" >GA16-14151S: Frequency dependent measurement of financial risk</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Empirical Economics
ISSN
0377-7332
e-ISSN
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Volume of the periodical
58
Issue of the periodical within the volume
4
Country of publishing house
DE - GERMANY
Number of pages
17
Pages from-to
1779-1795
UT code for WoS article
000521161000011
EID of the result in the Scopus database
2-s2.0-85057338520