Canova, FabioCiccarelli, MatteoOrtega, EvaUniversitat Pompeu Fabra. Departament d'Economia i Empresa2017-07-262017-07-262009-03-01Journal of Economic Dynamics and Control, 36, 1520-1533, 2012http://hdl.handle.net/10230/4799We 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.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commonsinfo:eu-repo/semantics/workingPaperbusiness cycleseuropean monetary unionpanel varstructural changes.Macroeconomics and International Economicsinfo:eu-repo/semantics/openAccess