Asteriou, Dimitrios; Moudatsou, Argiro - In: Review of Development Economics 19 (2015) 1, pp. 196-207
The aim of this paper is to investigate the determinants of business cycle (BC) synchronization across 21 (old and new) countries of the enlarged European Union (EU). It utilizes international data to evaluate the linkages among bilateral trade in goods, bilateral foreign direct investment (FDI)...