Arbeitspapier

Idiosyncrasy of Business Cycles Across EU Countries

This paper analyses the underlying dynamics of business cycles in the EU-15. Existing literature mainly focuses n the comovement of expansion and contraction phases, while this paper seeks to test the idiosyncrasy of business cycles by studying growth pattern and deepness of industrial production. Hypotheses are tested using formal statistical methods while much existing literature in this field rely on judgements of correlation coefficients. The results obtained here does not give much rise to concern about the possibility of the ECB to choose an appropriate timing and magnitude of changes in monetary policy in order to satisfy the economic development in its member countries.

Language
Englisch

Bibliographic citation
Series: EPRU Working Paper Series ; No. 2002-08

Classification
Wirtschaft
Subject
Konjunkturzusammenhang
Eurozone
Wechselkurspolitik
EU-Staaten

Event
Geistige Schöpfung
(who)
Gregers Linaa, Jesper
Event
Veröffentlichung
(who)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(where)
Copenhagen
(when)
2002

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Gregers Linaa, Jesper
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Time of origin

  • 2002

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