Financial integration within Europe and the international transmission of business cycles among industrialized countries

We exploit a dataset on financial integration within Europe to answer a novel question in the international Real Business Cycle (RBC) literature. Does financial integration within Europe matter for the international transmission of business cycles between the United States and Europe? We find that i...

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Veröffentlicht in:	Applied economics 2013-01, Vol.45 (1), p.111-122
Hauptverfasser:	Olivero, María Pía, Madak, Robert
Format:	Artikel
Sprache:	eng
Schlagworte:	Business cycle transmissions Business cycles Consumption Economic activity Economic theory Europe European Union Financial integration Financial systems GDP Gross Domestic Product Industrialized nations international real business cycles International trade Investment Studies World economy
Online-Zugang:	Volltext
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