Arbeitspapier

A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?

We review the literature on business-cycle correlation between the euro area and Central and Eastern European countries (CEECs), a topic that has gained attention in recent years as new EU entrants prepare for participation in the monetary union.Our meta-analysis suggests several CEECs already have comparably high correlation with the euro area business cycle.We also find that estimation methodologies can have a significant effect on correlation coefficients.While central bankers are more conservative in their estimates, we find no evidence of a geographical bias in the studies.

Sprache
Englisch
ISBN
951-686-983-1

Erschienen in
Series: BOFIT Discussion Papers ; No. 20/2004

Klassifikation
Wirtschaft
Classification Discontinued 2008. See C83.
Business Fluctuations; Cycles
Economic Integration
Foreign Exchange
Thema
monetary union
optimum currency area
business cycles
meta- analysis

Ereignis
Geistige Schöpfung
(wer)
Fidrmuc, Jarko
Korhonen, Iikka
Ereignis
Veröffentlichung
(wer)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(wo)
Helsinki
(wann)
2004

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fidrmuc, Jarko
  • Korhonen, Iikka
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Entstanden

  • 2004

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