Fidrmuc, Jarko (contributor); Korhonen, Iikka (contributor) - 2006
with
the euro-area business cycle. Correlation seems to be at least as high as in some smaller EMU
members (e.g. Portugal … literature on business cycle correlation
between the countries of the Central and Eastern Europe (Bulgaria, the Czech Republic …. In general, we find rather high correlations between various groups of
countries. In particular, EU countries are …