Coherence and Entropy of Credit Cycles across the Euro Area Candidate Countries

The pattern of financial cycles in the European Union has direct impacts on financial stability and economic sustainability in view of adoption of the euro. The purpose of the article is to identify the degree of coherence of credit cycles in the countries potentially seeking to adopt the euro with...

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Bibliographic Details
Main Authors: Adina Criste, Iulia Lupu, Radu Lupu
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/23/9/1213