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Business Cycle Synchronization In Monetary Union

Author

Listed:
  • Vaclav Rybacek

    (University of Economics in Prague)

Abstract

The purpose of this paper is to examine the self-enforcing nature of business cycle synchronisation in the process of monetary integration. Application of value added concept for description of business cycle and as a indicator of total economic activity is also discussed in the paper.

Suggested Citation

  • Vaclav Rybacek, 2009. "Business Cycle Synchronization In Monetary Union," Romanian Economic Business Review, Romanian-American University, vol. 4(1), pages 40-58, March.
    • Handle: RePEc:rau:journl:v:4:y:2009:i:1:p:40-58
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SP09/REBE-SP09-A5.pdf
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    References listed on IDEAS

    as
    1. Simon Kuznets & Lillian Epstein & Elizabeth Jenks, 1946. "National Income and Its Composition, 1919-1938, Volume II," NBER Books, National Bureau of Economic Research, Inc, number kuzn41-3.
    2. Simon Kuznets, 1941. "National Income, 1919-1938," NBER Books, National Bureau of Economic Research, Inc, number kuzn41-2.
    3. Kwan, C. H., 1998. "The theory of optimum currency areas and the possibility of forming a yen bloc in Asia," Journal of Asian Economics, Elsevier, vol. 9(4), pages 555-580.
    Full references (including those not matched with items on IDEAS)

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