Meta-analysis of the business cycle correlation between the euro area and CEECs:
We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already have co...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
München
Ces
2006
München Ifo |
| Series: | Cesifo working paper
1693 : Category 6, Monetary Policy and international finance |
| Summary: | We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already have comparably high correlation with the euro area business cycle. We find that estimation methodologies can have a significant effect on correlation coefficients. While CEEC central bankers tend to be more conservative in their estimates than academics or eurosystem researchers, we find no evidence of a geographical bias in the studies. |
| Item Description: | Auch im Internet unter den Adressen www.SSRN.com und www.CESifo-group.de |
| Physical Description: | 27 S. graph. Darst. |
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| spelling | Fidrmuc, Jarko 1968- Verfasser (DE-588)121488659 aut Meta-analysis of the business cycle correlation between the euro area and CEECs Jarko Fidrmuc ; Iikka Korhonen. Center for Exonomic Studies & Ifo Institute for Economic Research München Ces 2006 München Ifo 27 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Cesifo working paper 1693 : Category 6, Monetary Policy and international finance Auch im Internet unter den Adressen www.SSRN.com und www.CESifo-group.de We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already have comparably high correlation with the euro area business cycle. We find that estimation methodologies can have a significant effect on correlation coefficients. While CEEC central bankers tend to be more conservative in their estimates than academics or eurosystem researchers, we find no evidence of a geographical bias in the studies. Korhonen, Iikka Verfasser aut Cesifo working paper 1693 : Category 6, Monetary Policy and international finance (DE-604)BV013978326 1693 |
| spellingShingle | Fidrmuc, Jarko 1968- Korhonen, Iikka Meta-analysis of the business cycle correlation between the euro area and CEECs Cesifo working paper |
| title | Meta-analysis of the business cycle correlation between the euro area and CEECs |
| title_auth | Meta-analysis of the business cycle correlation between the euro area and CEECs |
| title_exact_search | Meta-analysis of the business cycle correlation between the euro area and CEECs |
| title_exact_search_txtP | Meta-analysis of the business cycle correlation between the euro area and CEECs |
| title_full | Meta-analysis of the business cycle correlation between the euro area and CEECs Jarko Fidrmuc ; Iikka Korhonen. Center for Exonomic Studies & Ifo Institute for Economic Research |
| title_fullStr | Meta-analysis of the business cycle correlation between the euro area and CEECs Jarko Fidrmuc ; Iikka Korhonen. Center for Exonomic Studies & Ifo Institute for Economic Research |
| title_full_unstemmed | Meta-analysis of the business cycle correlation between the euro area and CEECs Jarko Fidrmuc ; Iikka Korhonen. Center for Exonomic Studies & Ifo Institute for Economic Research |
| title_short | Meta-analysis of the business cycle correlation between the euro area and CEECs |
| title_sort | meta analysis of the business cycle correlation between the euro area and ceecs |
| volume_link | (DE-604)BV013978326 |
| work_keys_str_mv | AT fidrmucjarko metaanalysisofthebusinesscyclecorrelationbetweentheeuroareaandceecs AT korhoneniikka metaanalysisofthebusinesscyclecorrelationbetweentheeuroareaandceecs |