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dc.contributor.author
Matesanz Gómez, David
dc.contributor.author
Ortega, Guillermo José
dc.date.available
2018-06-01T14:06:25Z
dc.date.issued
2016-11
dc.identifier.citation
Matesanz Gómez, David; Ortega, Guillermo José; On business cycles synchronization in Europe: A note on network analysis; Elsevier Science; Physica A: Statistical Mechanics and its Applications; 462; 11-2016; 287-296
dc.identifier.issn
0378-4371
dc.identifier.uri
http://hdl.handle.net/11336/46960
dc.description.abstract
In this paper we examine synchronization in European business cycles from 1950 to 2013. Herein we further investigate previous and controversial results that arise from complex network analysis of this topic. By focusing on the importance of different configurations in the commonly used rolling windows and threshold significance levels, we find that selections are critical to obtaining accurate networks. Output co-movement and connectivity show no appreciable changes during the beginning of the Euro period, but rather dramatic jumps are observed since the outbreak of the global financial crisis. At this time, previous lead/lag effects disappeared and in-phase synchronization across Europe was observed.
dc.format
application/pdf
dc.language.iso
eng
dc.publisher
Elsevier Science
dc.rights
info:eu-repo/semantics/openAccess
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.subject
Correlation Networks
dc.subject
European Business Cycles Synchronization
dc.subject
Mst
dc.subject
Lead/Lags
dc.subject
Causality
dc.subject.classification
Economía, Econometría
dc.subject.classification
Economía y Negocios
dc.subject.classification
CIENCIAS SOCIALES
dc.title
On business cycles synchronization in Europe: A note on network analysis
dc.type
info:eu-repo/semantics/article
dc.type
info:ar-repo/semantics/artículo
dc.type
info:eu-repo/semantics/publishedVersion
dc.date.updated
2018-05-31T14:44:06Z
dc.journal.volume
462
dc.journal.pagination
287-296
dc.journal.pais
Países Bajos
dc.journal.ciudad
Amsterdam
dc.description.fil
Fil: Matesanz Gómez, David. Universidad de Oviedo; España
dc.description.fil
Fil: Ortega, Guillermo José. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Quilmes. Departamento de Ciencia y Tecnología; Argentina
dc.journal.title
Physica A: Statistical Mechanics and its Applications
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/https://dx.doi.org/10.1016/j.physa.2016.06.097
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0378437116303727
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