Historical decoupling in the EU: Evidence from time-frequency analysis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F19%3A43914920" target="_blank" >RIV/62156489:43110/19:43914920 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.1016/j.iref.2018.10.018" target="_blank" >https://doi.org/10.1016/j.iref.2018.10.018</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.iref.2018.10.018" target="_blank" >10.1016/j.iref.2018.10.018</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Historical decoupling in the EU: Evidence from time-frequency analysis

Popis výsledku v původním jazyce

We investigate economic cycle comovements and identify directions of relationships to discuss the spread of asymmetric shocks across the European Union during the twenty years from the euro adoption. We contribute to traditional wavelet analyses with an updated historical overview of economic cycle comovements in 24 EU countries over 35 years with particular attention to the main milestones in the European integration process. We show the significant economic cycle synchronisation between France and the EU and point out the decoupling of Germany, the United Kingdom and countries in Southern Europe. In addition we find strong evidence of comovements between the three Baltic countries. Our results do not support the idea of increasing business cycle synchronisation of monetary union members, despite European economic integration deepening.

Název v anglickém jazyce

Historical decoupling in the EU: Evidence from time-frequency analysis

Popis výsledku anglicky

We investigate economic cycle comovements and identify directions of relationships to discuss the spread of asymmetric shocks across the European Union during the twenty years from the euro adoption. We contribute to traditional wavelet analyses with an updated historical overview of economic cycle comovements in 24 EU countries over 35 years with particular attention to the main milestones in the European integration process. We show the significant economic cycle synchronisation between France and the EU and point out the decoupling of Germany, the United Kingdom and countries in Southern Europe. In addition we find strong evidence of comovements between the three Baltic countries. Our results do not support the idea of increasing business cycle synchronisation of monetary union members, despite European economic integration deepening.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název periodika

International Review of Economics &amp; Finance

ISSN

1059-0560

e-ISSN

—

Svazek periodika

60

Číslo periodika v rámci svazku

March

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

16

Strana od-do

265-280

Kód UT WoS článku

000459528300017

EID výsledku v databázi Scopus

2-s2.0-85061342998