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Business Cycle Synchronisation

The Business Cycle Synchronisation In East Asia

The Business Cycle Synchronisation In East Asia

... the business cycle synchronisation in East Asia as satisfying one of the preconditions for forming an Optimum Currency Area ...the business cycle synchronisation in evaluating ...

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Business Cycle Synchronisation in EU: A time varying approach

Business Cycle Synchronisation in EU: A time varying approach

... Executive Business Centre, 89 Holdenhurst Road, BH8 8EB, Bournemouth, ...EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model ...

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A fresh look at business cycle synchronisation in the euro area

A fresh look at business cycle synchronisation in the euro area

... in business cycle synchronisation after the latest turnaround in mid 2003 can be partly ascribed to a recurrent pattern of temporary de-synchronisation during cyclical recoveries, owed to ...

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The Endogeneity of Business Cycle Synchronisation in SADC: A GMM Approach

The Endogeneity of Business Cycle Synchronisation in SADC: A GMM Approach

... and business cycle synchronisation in SADC member countries, over the period of ...that business cycle comovement is endogenous, and thus the observed lower levels of ...

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Determinants of business cycle synchronisation across euro area countries

Determinants of business cycle synchronisation across euro area countries

... to business cycle ...of business cycles, and hence countries with a similar policy stance may react in a similar way or stand at around the same point of the business ...shocks, ...

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The impact of trade integration on business cycle synchronisation for Mercosur countries

The impact of trade integration on business cycle synchronisation for Mercosur countries

... According to the traditional literature by Mundell (1961) and McKinnon (1963), three criteria must hold to form an OCA. The first criteria relates to the degree of trade integration between the members of the currency ...

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Business cycle synchronisation between the V4 countries and the euro area

Business cycle synchronisation between the V4 countries and the euro area

... between business cycle synchronisation and mutual trade, mainly within ...in business cycle synchronisation is a consequence of growing ...the cycle of Hungary, Poland and ...

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Labour Market Institutions and Structural Reforms: A Source for Business Cycle Synchronisation?

Labour Market Institutions and Structural Reforms: A Source for Business Cycle Synchronisation?

... for business cycle synchronisation: If countries have different labour market institutions, a common shock will lead to distinct economic consequences, resulting in diverging business ...

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Business Cycle Synchronisation in EMU: Can Fiscal Policy Bring Member Countries Closer?

Business Cycle Synchronisation in EMU: Can Fiscal Policy Bring Member Countries Closer?

... [TABLE 5 HERE] This is a positive finding for the Eurozone, showing that on average fiscal policy operates to support the synchronisation of business cycles. However, in nearly all cases the average figure ...

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Business cycle synchronisation in EMU: Can fiscal policy bring member-countries closer?

Business cycle synchronisation in EMU: Can fiscal policy bring member-countries closer?

... promote business cycle synchronisation, the goal of macroeconomic stabilisation in a monetary union suggests that it ought to play such a role in response to asymmetric ...supports business ...

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The sustainability of European Monetary Union. Evidence from business cycle synchronisation, monetary policy effectiveness and the Euro fiscal dividend.

The sustainability of European Monetary Union. Evidence from business cycle synchronisation, monetary policy effectiveness and the Euro fiscal dividend.

... The model demonstrated that the shock e in industry i in region r (or representing a country) depends on the common shock a, region/country- specific shock b, industry-i-specific shock c and idiosyncratic shock u. The ...

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Business Cycle Synchronisation in the Enlarged EU: Co-Movements in the New and Old Members. CEPS Working Documents No. 200, 1 March 2004

Business Cycle Synchronisation in the Enlarged EU: Co-Movements in the New and Old Members. CEPS Working Documents No. 200, 1 March 2004

... the business cycle synchronisation in the new EU members of Central and Eastern Europe and the eurozone countries, together with a control group ...of synchronisation, two filtering techniques ...

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Business cycle synchronisation in East Asia

Business cycle synchronisation in East Asia

... growth synchronisation, the factor analysis of different GDP components shows that a considerable part of the co-movement in East Asian economies appears to be the result of co-movement in ...Asian ...

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Fiscal policy, government size and EMU business cycle synchronisation

Fiscal policy, government size and EMU business cycle synchronisation

... its cycle lacks synchronization in a similar manner to ...the cycle of other European countries, provoking the idea that is not only Greece that is not suitable for the common currency but Germany ...

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Business cycle synchronisation in the euro area: Developments, determinants and implications

Business cycle synchronisation in the euro area: Developments, determinants and implications

... different business cycles have to cope under the same monetary policy, which cannot be optimal for each of them ...countries’ business cycles, as well as on the availability of alternative responses to ...

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Business Cycle Synchronisation in the Enlarged EU: Comovements in the New and Old Members

Business Cycle Synchronisation in the Enlarged EU: Comovements in the New and Old Members

... the business cycle comovement literature in the following ...only cycle correlation with respect to Germany as a measure of ...the cycle and a measure of ...the business cycle ...

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Time varying Business Cycles Synchronisation in Europe

Time varying Business Cycles Synchronisation in Europe

... of business cycle synchronisation in ...European business cycle synchronisation over the sample ...in synchronisation during the latter ERM period and the reduction of ...

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REGIONAL GROWTH CYCLE SYNCHRONISATION WITH THE EURO AREA  ESRI WP173  July 2006

REGIONAL GROWTH CYCLE SYNCHRONISATION WITH THE EURO AREA ESRI WP173 July 2006

... growth cycle correlations with the Euro area ...(1969), business cycle synchronisation will be lower in two economies if they have different economic ...that business cycles are less ...

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A comparative analysis of the synchronisation of business cycles for developed and developing economies with the world business cycle

A comparative analysis of the synchronisation of business cycles for developed and developing economies with the world business cycle

... The new economy will eventually bring with it a new cycle, and one that is synchronised all over the world. Preparations for such an environment include inter alia ‡exibility in all markets (Massad: 2002). ...

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Modelling cell cycle synchronisation in networks of coupled radial glial cells

Modelling cell cycle synchronisation in networks of coupled radial glial cells

... cell cycle synchronisation by taking an ordinary differential equation model that couples the dynamics of intracellular calcium and the cell cycle and extend it to popu- lations of cells coupled via ...

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