ClubMed? Cyclical fluctuations in the Mediterranean basin

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Journal of International Economics, 88, 162-175, 2012
To cite or link this document: Canova, Fabio Ciccarelli, Matteo
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa 2011-01-01
dc.identifier.citation Journal of International Economics, 88, 162-175, 2012
dc.description.abstract We investigate macroeconomic fluctuations in the Mediterranean basin, their similarities and convergence. A model with four indicators, roughly covering the West, the East and the Middle East and the North Africa portions of the Mediterranean, characterizes well the historical experience since the early 1980. Idiosyncratic causes still dominate domestic cyclical fluctuations in many countries. Convergence and divergence coexist are local and transitory. The cyclical outlook for the next few years is rosier for the East than for the West.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 1258
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.title ClubMed? Cyclical fluctuations in the Mediterranean basin
dc.type info:eu-repo/semantics/workingPaper 2016-06-04T02:51:12Z
dc.subject.keyword Macroeconomics and International Economics
dc.subject.keyword bayesian methods; business cycles; mediterranean basin; developing and developed countries.
dc.rights.accessRights info:eu-repo/semantics/openAccess

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