Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/13070
Title: | Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 Years Later |
Authors: | Macchiarelli, C Campos, N |
Keywords: | Business cycle synchronization;Structural VAR;European Monetary Union;Core-periphery |
Issue Date: | 2016 |
Citation: | Economics Letters, 147: pp.127- 130, (2016) |
Abstract: | Bayoumi-Eichengreen (1993) establish a EMU core-periphery pattern using 1963-1988 data. We use same methodology, sample, window length (1989-2015), and a novel over-identifying restriction test to ask whether the EMU strengthened or weakened the core-periphery pattern. Our results suggest the latter. |
URI: | http://bura.brunel.ac.uk/handle/2438/13070 |
DOI: | http://dx.doi.org/10.1016/j.econlet.2016.07.040 |
ISSN: | 1873-7374 |
Appears in Collections: | Dept of Economics and Finance Research Papers |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
FullText.pdf | 690.42 kB | Adobe PDF | View/Open |
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.