Divergence during crisis? The effect of the 2008 crisis on factors of business cycle synchronisztion of EMU countries.
(2017) NEKN01 20171Department of Economics
- Abstract
- The paper examines the effect of the economic crisis of 2008 on factors influencing business cycle synchronization, namely trade intensity, financial integration and difference in economic structure. Using fixed effect regression models, I find that financial integration has a robust positive effect on business cycle synchronization, which is stronger among countries members of the European Monetary Union. There is some evidence that trade intensity is less important in the years of the crisis, while difference in economic structure shows increased significance in those years, especially for countries members of the EMU.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8913293
- author
- Klimentova, Maria-Desislava LU
- supervisor
- organization
- course
- NEKN01 20171
- year
- 2017
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- business cycle synchronization, trade intensity, financial integration, economic structure
- language
- English
- id
- 8913293
- date added to LUP
- 2017-07-10 13:53:29
- date last changed
- 2017-07-10 13:53:29
@misc{8913293, abstract = {{The paper examines the effect of the economic crisis of 2008 on factors influencing business cycle synchronization, namely trade intensity, financial integration and difference in economic structure. Using fixed effect regression models, I find that financial integration has a robust positive effect on business cycle synchronization, which is stronger among countries members of the European Monetary Union. There is some evidence that trade intensity is less important in the years of the crisis, while difference in economic structure shows increased significance in those years, especially for countries members of the EMU.}}, author = {{Klimentova, Maria-Desislava}}, language = {{eng}}, note = {{Student Paper}}, title = {{Divergence during crisis? The effect of the 2008 crisis on factors of business cycle synchronisztion of EMU countries.}}, year = {{2017}}, }