The literature on business cycle synchronization in Europe frequently presumes an alleged 'core-periphery' pattern without providing empirical verification of the underlying cyclical (dis)similarities or the supposed but unobservable 'European business cycle(s)'. To provide a data-based country...

The literature on business cycle synchronization in Europe frequently presumes an alleged ‘core‒periphery’ pattern without providing empirical verification of the underlying cyclical (dis)similarities or the supposed but unobservable ‘European business cycle(s)’. To provide a...

Questionnaire survey data are usually characterized by a great amount of ordinal variables. For multivariate analysis, it is suitable to reduce task dimensionality. The aim of this paper is a comparison of the results obtained by the analysis of data files with ordinal variables using selected...

This paper estimates the readiness of the Accession Countries of Central and East Europe for EMU or for unilateral euroisation using a fuzzy clustering algorithm. The variables to which the algorithm is applied are suggested alternately by the criteria in the Maastricht Treaty (nominal...

This paper estimates the readiness of the Accession Countries of Central and East Europe for EMU or for unilateral euroisation using a fuzzy clustering algorithm. The variables to which the algorithm is applied are suggested alternately by the criteria in the Maastricht Treaty (nominal...

This paper estimates the readiness of the Accession Countries of Central and East Europe for EMU or for unilateral euroisation using a fuzzy clustering algorithm. The variables to which the algorithm is applied are suggested alternately by the criteria in the Maastricht Treaty (nominal...