Diverse Models of Capitalism and Synchronization of Business Cycles

We explore the nexus between varieties of capitalism and optimum currency area theory and analyze the impact of institutional architecture on business cycle synchronization between the euro area and each of the 25 EU countries. We find that the economies with greater institutional resemblance to the...

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Veröffentlicht in:	Comparative economic studies 2023-12, Vol.65 (4), p.681-712
Hauptverfasser:	Borowski, Jakub, Czerniak, Adam, Farkas, Beáta
Format:	Artikel
Sprache:	eng
Schlagworte:	Business cycles Capitalism Economics Economics and Finance Eurozone International Economics Optimum currency area Political Economy/Economic Systems Sustainability
Online-Zugang:	Volltext
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