The transmission of business cycles - Implications for EMU enlargement

We show that countries characterized by large bilateral trade and financial flows tend to have more correlated business cycles. However, we also find that countries with divergent fiscal policies and highly regulated labour markets are subject to idiosyncratic cycles. Applying these results to the n...

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Bibliographic details
Volume: 16
Main Author: Artis, Michael J
Fidrmuc, Jarko
Scharler, Johann
Format: Journal Article
Language: English
Place of publication: MALDEN WILEY-BLACKWELL 01.01.2008
published in: The economics of transition Vol. 16; no. 3; pp. 559 - 582
ORCID: 0000-0003-2662-1991
Data of publication: 2008-01-01
ISSN: 0967-0750
1468-0351
EISSN: 1468-0351
Discipline: Economics
Subjects:
EU
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2008
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