Crespo Cuaresma, Jesus. 2021. Uncertainty and Business Cycle Synchronization in Europe. Applied Economics Letters. 29 (11), 1047-1053.
BibTeX
Abstract
We assess empirically the role that uncertainty plays as a determinant of business cycle synchronization dynamics in the European Monetary Union. Using a time-varying measure of business cycle synchronization and Bayesian model averaging methods, we find that increase in uncertainty tends to robustly predict desynchronization, in particular for countries whose business cycles are not in line with those of the rest of the monetary union.
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| Status of publication | Published |
|---|---|
| Affiliation | WU |
| Type of publication | Journal article |
| Journal | Applied Economics Letters |
| Citation Index | SSCI |
| WU Journalrating 2009 | A |
| Language | English |
| Title | Uncertainty and Business Cycle Synchronization in Europe |
| Volume | 29 |
| Number | 11 |
| Year | 2021 |
| Page from | 1047 |
| Page to | 1053 |
| Reviewed? | Y |
| URL | https://www.tandfonline.com/doi/full/10.1080/13504851.2021.1939854 |
| DOI | https://doi.org/10.1080/13504851.2021.1939854 |
| Open Access | Y |
| Open Access Link | https://doi.org/10.1080/13504851.2021.1939854 |
Associations
- People
- Crespo Cuaresma, Jesus (Details)
- Organization
- Department of Economics (Crespo Cuaresma) (Details)
- Competence Center for Sustainability Transformation and Responsibility WE (Details)
- Research Institute for Cryptoeconomics FI (Details)