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Comparisons of Business Cycles in the EC

Idiosyncracies and Regularities

Bibliographic Data

ID9722696
AuthorsNicos Christodoulakis (0000-0002-1300-9448), Sophia P Dimelis, Sophia Dimelis (0000-0003-4300-3570), Tryphon Kollintzas (0000-0002-4819-839X)
Year1995
Volume62
Issue245
Pages1
Publication date1995-02-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2554774
OpenAlexW2014617171
LanguageEN
Citations received7
References cited5

This paper compares the business cycle features of the EC economies using quarterly and annual data since 1960 and the Real Business Cycle model as a guidance. The evidence suggests that there are remarkable similarities between the business cycle pattern of these countries, despite significant differences in the patterns of fiscal and monetary policies and the terms of trade. We take this evidence to suggest that the type of shocks and the propagation mechanism is fairly similar across the EC countries. Hence the process of European integration under a set of uniform institutions and policies should not be a problem as far as the business cycle is concerned. Copyright 1995 by The London School of Economics and Political Science

Business cycle · Econometrics · Economics · Fiscal policy · International economics · Macroeconomics · Mechanism (biology) · Monetary economics · Process (computing) · Set (abstract data type) · Computer Science · Fiscal Policies and Political Economy · Global Financial Crisis and Policies · Monetary Policy and Economic Impact

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Unique citing works7
Citations per year0,26
Citation span1999 - 2020 (22)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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