The Euro Area Business Cycle
Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
Published: 2004
Total Pages: 103
ISBN-13: 1898128839
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Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
Published: 2004
Total Pages: 103
ISBN-13: 1898128839
DOWNLOAD EBOOKAuthor: Jarko Fidrmuc
Publisher:
Published: 2004
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKTiivistelmä.
Author: Christian Gayer
Publisher:
Published: 2007
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor: Filippo Altissimo
Publisher:
Published: 2001
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKAuthor: Marcus Kappler
Publisher: Springer Science & Business Media
Published: 2012-07-30
Total Pages: 197
ISBN-13: 3790828556
DOWNLOAD EBOOKThis book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation, structural reform and economic integration. Focusing on the ongoing integration process in the euro area and the EU, it analyses the integration process that has taken place since the 1980s and which is marked by the advent of the euro and the substantial enlargement that resulted from the accession of 12 new Member States in East and Southern Europe.
Author: Michael J. Artis
Publisher:
Published: 2003
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 2003
Total Pages:
ISBN-13: 9789289468596
DOWNLOAD EBOOKIn this study a set of basic stylised facts characterising euro area macroeconomic fluctuations are computed with reference to two concepts of the business cycle (classical business cycles and deviation or growth cycles) from 1960 to 2002. These stylised facts, computed on the basis of alternative turning point dating methods and alternative reference measures of the cycle, are discussed and compared to the corresponding ones for the US business cycle. Overall, the study suggests that: i) significant variation of characteristics can be detected across cycles for both fluctuation concepts ; ii) classical business cycles are much less frequent than deviation cycles; iii) the phases of classical cycles tend to be asymmetric, both in terms of duration and amplitude, while regimes of deviation cycles appear to be relatively symmetric; iv) very similar regularities characterise euro area and US fluctuations, one main exception being that the US economy experienced more frequent classical cycles, with a somewhat shorter average duration; v) there is no clear evidence that the duration or amplitude of phases has gradually declined over time, apart from US classical cycle recessions.
Author: Marcus Scheiblecker
Publisher: Peter Lang
Published: 2008
Total Pages: 236
ISBN-13: 9783631576076
DOWNLOAD EBOOKDating business cycle turning points is still an important task for economic policy decisions. This study does this for the Austrian economy for the period between 1976 and 2005, using only quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods are applied: first-order differences, the Hodrick-Prescott filter, and the Baxter-King filter. To all of them, two different methods of determining the business cycle are applied: the ad-hoc determination of the business cycle and a dynamic factor model, taking into account the common variations of Austria, the euro area and the German business cycle movements. The results of both methods are dated by the Bry-Boschan algorithm in order to locate peaks and troughs of the cycle. The results are interpreted and compared to already exiting studies on the euro area and the Austrian business cycle.
Author: Lucrezia Reichlin
Publisher:
Published: 2004
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Filippo Altissimo
Publisher:
Published: 2001
Total Pages: 68
ISBN-13:
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