Patterns and determinants of business cycle synchronization in the enlarged European Economic and Monetary Union

@inproceedings{SIEDSCHLAG2010PatternsAD,
  title={Patterns and determinants of business cycle synchronization in the enlarged European Economic and Monetary Union},
  author={Iulia SIEDSCHLAG},
  year={2010}
}
  • Iulia SIEDSCHLAG
  • Published 2010
This paper provides empirical evidence about the degree of business cycle synchronization between the euro area countries and eight new European Union member states. We analyze the direct and indirect effects of similarity of economic structures and trade intensity on the co-movement of fluctuations of economic activity across these countries and find that bilateral similarity of economic structures and trade intensity were positively and significantly associated with business cycle… CONTINUE READING

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