A Comparison of Business Cycles Synchronization in the Euro Area and Some Potential Monetary Unions
Synchronization of business cycle is one of the main criteria for creation of a monetary union. With increasing synchronization of business cycle, a probability of occurrence of demand and supply shocks, which are asymmetric, decreases. The aim of this contribution is to evaluate synchronicity of bu...
Main Author: | Stanislav Kappel |
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Format: | Article |
Language: | English |
Published: |
Mendel University Press
2015-01-01
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Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/63/4/1277/ |
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