Canova, Fabio; Ciccarelli, Matteo; Ortega, Eva - In: Journal of Economic Dynamics and Control 36 (2012) 10, pp. 1520-1533
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 10 European countries—seven from the Euro area and three outside of it. There are changes in the features of...
