Gadea, Maria Dolores; Loscos, Ana Gomez; Montañes, Antonio - Österreichisches Institut für Wirtschaftsforschung (WIFO) - 2011
This paper sets out a comprehensive framework to identify regional business cycles within Spain and analyses their stylised features and the degree of synchronisation among them and the Spanish economy. We show that the regional cycles are quite heterogeneous although they display some degree of...