Crespo Cuaresma, Jesús; Fernández-Amador, Octavio - 2010
We propose the analysis of the dynamics of the standard deviation of business cycles across euro area countries in … significant business cycle divergence taking place in the mid-eighties, followed by a persistent convergence period spanning most … have been diluted within a global cycle since 2004. -- business cycles ; business cycle convergence ; European Monetary …