Fidrmuc, Jarko (contributor); Korhonen, Iikka (contributor) - 2006
(OCA) theory states that a high degree of business cycle
synchronization should be an important criterion for … papers using business cycle
synchronization in further analysis), structural VARs dominate current research approaches.
5 … results (see Artis
and Zhang, 1997). As a result, the increased degree of business cycle synchronization within
the EU (and …