Camacho, Maximo; Perez-Quiros, Gabriel; Saiz, Lorena - Society for Computational Economics - SCE - 2006
This paper analyzes if each European country presents business cycles that are similar enough to validate what some … authors call the European cycle. Contrary to the majority of papers on business cycles, we concentrate on the appearance of … the cycle, not on the synchronization. We provide a robust methodology for dating and characterizing business cycles and …