Business cycle synchronization in Europe: Evidence from the Scandinavian Currency Union

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

Standard

Business cycle synchronization in Europe : Evidence from the Scandinavian Currency Union. / Bergman, Ulf Michael; Jonung, Lars.

I: Manchester School, Bind 79, Nr. 2, 2011, s. 268-292.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

Harvard

Bergman, UM & Jonung, L 2011, 'Business cycle synchronization in Europe: Evidence from the Scandinavian Currency Union', Manchester School, bind 79, nr. 2, s. 268-292. https://doi.org/10.1111/j.1467-9957.2010.02237.x

APA

Bergman, U. M., & Jonung, L. (2011). Business cycle synchronization in Europe: Evidence from the Scandinavian Currency Union. Manchester School, 79(2), 268-292. https://doi.org/10.1111/j.1467-9957.2010.02237.x

Vancouver

Bergman UM, Jonung L. Business cycle synchronization in Europe: Evidence from the Scandinavian Currency Union. Manchester School. 2011;79(2):268-292. https://doi.org/10.1111/j.1467-9957.2010.02237.x

Author

Bergman, Ulf Michael ; Jonung, Lars. / Business cycle synchronization in Europe : Evidence from the Scandinavian Currency Union. I: Manchester School. 2011 ; Bind 79, Nr. 2. s. 268-292.

Bibtex

@article{9e092848241243928a4fc7eac56ea818,
title = "Business cycle synchronization in Europe: Evidence from the Scandinavian Currency Union",
abstract = "In this paper we study business cycle synchronization in the three Scandinavian countries Denmark, Norway and Sweden prior to, during and after the Scandinavian Currency Union 1873–1913. We find that the degree of synchronization tended to increase during the currency union, thus supporting earlier empirical evidence. Estimates of factor models suggest that common Scandinavian shocks are important for these three countries. At the same time we find evidence suggesting that the importance of these shocks does not depend on the monetary regime.",
author = "Bergman, {Ulf Michael} and Lars Jonung",
year = "2011",
doi = "10.1111/j.1467-9957.2010.02237.x",
language = "English",
volume = "79",
pages = "268--292",
journal = "Manchester School",
issn = "1463-6786",
publisher = "Wiley",
number = "2",

}

RIS

TY - JOUR

T1 - Business cycle synchronization in Europe

T2 - Evidence from the Scandinavian Currency Union

AU - Bergman, Ulf Michael

AU - Jonung, Lars

PY - 2011

Y1 - 2011

N2 - In this paper we study business cycle synchronization in the three Scandinavian countries Denmark, Norway and Sweden prior to, during and after the Scandinavian Currency Union 1873–1913. We find that the degree of synchronization tended to increase during the currency union, thus supporting earlier empirical evidence. Estimates of factor models suggest that common Scandinavian shocks are important for these three countries. At the same time we find evidence suggesting that the importance of these shocks does not depend on the monetary regime.

AB - In this paper we study business cycle synchronization in the three Scandinavian countries Denmark, Norway and Sweden prior to, during and after the Scandinavian Currency Union 1873–1913. We find that the degree of synchronization tended to increase during the currency union, thus supporting earlier empirical evidence. Estimates of factor models suggest that common Scandinavian shocks are important for these three countries. At the same time we find evidence suggesting that the importance of these shocks does not depend on the monetary regime.

U2 - 10.1111/j.1467-9957.2010.02237.x

DO - 10.1111/j.1467-9957.2010.02237.x

M3 - Journal article

VL - 79

SP - 268

EP - 292

JO - Manchester School

JF - Manchester School

SN - 1463-6786

IS - 2

ER -

ID: 33664200