Artikel

(Since When) Are East and West German Business Cycles Synchronised?

We analyze whether, and since when, East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and we employ several empirical methods. Overall, we find that the regional business cycles have synchronised over time. GDP-based indicators and survey data show a higher degree of synchronisation than the indicators based on unemployment rates. However, synchronisation among East and West German business cycles seems to have become weaker again recently.

Language
Englisch

Bibliographic citation
Journal: Jahrbücher für Nationalökonomie und Statistik ; ISSN: 2366-049X ; Year: 2020 ; Issue: Ahead of Print ; Pages: 1-28 ; Berlin, Boston: De Gruyter Oldenbourg

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Business Fluctuations; Cycles
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Subject
business cycles
synchronization
East Germany

Event
Geistige Schöpfung
(who)
Gießler, Stefan
Heinisch, Katja
Holtemöller, Oliver
Event
Veröffentlichung
(who)
De Gruyter Oldenbourg
(where)
Berlin, Boston
(when)
2020

DOI
doi:10.1515/jbnst-2019-0026
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Gießler, Stefan
  • Heinisch, Katja
  • Holtemöller, Oliver
  • De Gruyter Oldenbourg

Time of origin

  • 2020

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