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Do institutional changes affect business cycles? Evidence from Europe

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dc.contributor.author Canova, Fabio
dc.contributor.author Ciccarelli, Matteo
dc.contributor.author Ortega, Eva
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned 2017-07-26T10:50:30Z
dc.date.available 2017-07-26T10:50:30Z
dc.date.issued 2009-03-01
dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1158
dc.identifier.citation Journal of Economic Dynamics and Control, 36, 1520-1533, 2012
dc.identifier.uri http://hdl.handle.net/10230/4799
dc.description.abstract We study the effects that the Maastricht treaty, the creation of the ECB, and the Euro changeover had on the dynamics of European business cycles using a panel VAR and data from ten European countries - seven from the Euro area and three outside of it. There are changes in the features of European business cycles and in the transmission of shocks. They precede the three events of interest and are more linked to a general process of European convergence and synchronization.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 1158
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.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Do institutional changes affect business cycles? Evidence from Europe
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2017-07-23T02:12:35Z
dc.subject.keyword business cycles
dc.subject.keyword european monetary union
dc.subject.keyword panel var
dc.subject.keyword structural changes.
dc.subject.keyword Macroeconomics and International Economics
dc.rights.accessRights info:eu-repo/semantics/openAccess


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