Is There a Common European Business Cycle? New Insights from a Frequency Domain Analysis

Artikel

To assess the synchronization of business cycles in Europe we extract the cyclical component of industrial production in five European countries using the filter of Baxter and King (1999). The hypothesis of a joint business cycle is tested by using the frequency domain common cycle test suggested by Breitung and Candelon (2000). The common cycle hypothesis is clearly rejected for U.K. data whereas some weak evidence for a joint cyclical pattern is found for France, The Netherlands, Austria and Germany.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 70 ; Year: 2001 ; Issue: 3 ; Pages: 331-338 ; Berlin: Duncker & Humblot

Classification and Topics

• Classification: Wirtschaft
• Subject: Konjunkturzusammenhang ; Konjunkturtheorie ; Zeitreihenanalyse ; Eurozone ; Deutschland ; Großbritannien ; Österreich ; Frankreich ; Niederlande

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Breitung, Jörg ; Candelon, Bertrand
• Event: Veröffentlichung
• (who): Duncker & Humblot
• (where): Berlin
• (when): 2001

Further information

• DOI: doi:10.3790/vjh.70.3.331
• Handle: http://hdl.handle.net/10419/99222
• Last update: 10.03.2025, 11:42 AM CET