Do institutional changes affect business cycles? Evidence from Europe
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- dc.contributor.author Canova, Fabioca
- dc.contributor.author Ciccarelli, Matteoca
- dc.contributor.author Ortega, Evaca
- 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.date.modified 2017-07-23T02:12:35Z
- 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/pdfca
- 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.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.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- 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.title Do institutional changes affect business cycles? Evidence from Europeca
- dc.type info:eu-repo/semantics/workingPaper