Artis, Michael J.; Dreger, Christian; Cholodilin, … - 2010
. Asymmetric business cycles are often seen as an impediment to the formation of a common currency area. However, it has been … national evidence could be misleading. Regional comovements may be caused not only by common business cycles, but also by other … that the impact of national business cycles for the regional development has been rather stable over the past two decades …