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Business cycles, core and periphery in monetary unions : comparing Europe and North America

dc.contributor.authorLopes, Alexandra Ferreira
dc.contributor.authorPina, Álvaro
dc.date.accessioned2010-10-07T14:56:39Z
dc.date.available2010-10-07T14:56:39Z
dc.date.issued2008
dc.description.abstractWe compare Europe with the USA and Canada as regards business cycle synchronization and core-periphery patterns. A long sample (1950-2005) makes it possible to study how these aspects have evolved over time. Results support the economic viability of EMU. Average cyclical correlations among European countries have risen significantly, reaching levels close to, or even higher than, those of North American regions. Applying fuzzy clustering to the analysis of core-periphery issues, we find Europe to actually outperform North America: the core-periphery divide is milder, and peripheral status seems generally less protracted.por
dc.identifier.citationLopes, Alexandra Ferreira e Álvaro Pina. 2008. "Business cycles, core and periphery in monetary unions : comparing Europe and North America". Instituto Superior de Economia e Gestão - DE Working papers nº 21-2008/DE/UECEpor
dc.identifier.issn0874-4548
dc.identifier.urihttp://hdl.handle.net/10400.5/2346
dc.language.isoengpor
dc.publisherISEG – Departamento de Economiapor
dc.relation.ispartofseriesDE/ Working papers nº 21-2008/DE/UECE
dc.relation.publisherversionhttps://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26523por
dc.subjectEuropean Unionpor
dc.subjectCanadapor
dc.subjectUnited Statespor
dc.subjectMonetary Unionspor
dc.subjectBusiness Cyclespor
dc.subjectFuzzy Clusteringpor
dc.titleBusiness cycles, core and periphery in monetary unions : comparing Europe and North Americapor
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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