Mostrar el registro sencillo del ítem
dc.contributor.author
Matesanz Gómez, David
dc.contributor.author
Ferrari, Hernan Javier
dc.contributor.author
Torgler, Benno
dc.contributor.author
Ortega, Guillermo José
dc.date.available
2018-05-30T18:31:22Z
dc.date.issued
2016-10
dc.identifier.citation
Matesanz Gómez, David; Ferrari, Hernan Javier; Torgler, Benno; Ortega, Guillermo José; Synchronization and diversity in business cycles: a network analysis of the European Union; Taylor & Francis; Applied Economics; 49; 10; 10-2016; 972-986
dc.identifier.issn
0003-6846
dc.identifier.uri
http://hdl.handle.net/11336/46685
dc.description.abstract
In this article, we use a correlation matrix and its internal networks to analyse business cycle synchronization across Europe since 2000. This methodology allows us to summarize individual country interactions and co-movements while also capturing the existing heterogeneity of connectivity within the European economic system. Our results indicate that synchronization of the euro zone countries remained stable from 1999 until the current financial crisis, after which co-movements increased sharply and synchronization rose to the highest in the time sample. By endogenously identifying clusters of countries with close connections in their business cycle, we also refute the commonly accepted notion of identifiable core and peripheral euro zone countries.
dc.format
application/pdf
dc.language.iso
eng
dc.publisher
Taylor & Francis
dc.rights
info:eu-repo/semantics/openAccess
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.subject
Businesscycle Synchronization
dc.subject
Complex Systems
dc.subject
Network Topology
dc.subject.classification
Economía, Econometría
dc.subject.classification
Economía y Negocios
dc.subject.classification
CIENCIAS SOCIALES
dc.title
Synchronization and diversity in business cycles: a network analysis of the European Union
dc.type
info:eu-repo/semantics/article
dc.type
info:ar-repo/semantics/artículo
dc.type
info:eu-repo/semantics/publishedVersion
dc.date.updated
2018-05-30T14:29:19Z
dc.journal.volume
49
dc.journal.number
10
dc.journal.pagination
972-986
dc.journal.pais
Reino Unido
dc.description.fil
Fil: Matesanz Gómez, David. Universidad de Oviedo; España
dc.description.fil
Fil: Ferrari, Hernan Javier. Universidad Nacional de Quilmes. Departamento de Ciencia y Tecnología; Argentina. Universidad Austral. Facultad de Ingeniería; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.description.fil
Fil: Torgler, Benno. Queensland University of Technology; Australia. Center for Research in Economics, Management and the Arts; Suiza
dc.description.fil
Fil: Ortega, Guillermo José. Universidad Nacional de Quilmes. Departamento de Ciencia y Tecnología; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.journal.title
Applied Economics
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/https://dx.doi.org/10.1080/00036846.2016.1210765
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/doi/abs/10.1080/00036846.2016.1210765
Archivos asociados