Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/7423
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dc.contributor.authorCaporale, GM-
dc.contributor.authorDe Santis, R-
dc.contributor.authorGirardi, A-
dc.date.accessioned2013-05-07T11:08:32Z-
dc.date.available2013-05-07T11:08:32Z-
dc.date.issued2013-
dc.identifier.citationEconomics and Finance Working Paper, Brunel University: 13-04, Mar 2013en_US
dc.identifier.urihttp://bura.brunel.ac.uk/handle/2438/7423-
dc.description.abstractUsing annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results support the specialisation paradigm rather than the endogeneity hypothesis. Evidence is found in the euro period of diverging patterns between the core and the peripheral EMU countries raising questions about the future stability of EMU.en_US
dc.language.isoenen_US
dc.publisherBrunel Universityen_US
dc.subjectOutput synchronisationen_US
dc.subjectTrade intensityen_US
dc.subjectEndogeneityen_US
dc.subjectEuropean Monetary Union (EMU)en_US
dc.titleTrade intensity and output synchronisation: On the endogeneity properties of the EMUen_US
dc.typeArticleen_US
pubs.organisational-data/Brunel-
pubs.organisational-data/Brunel/Brunel Active Staff-
pubs.organisational-data/Brunel/Brunel Active Staff/School of Social Sciences-
pubs.organisational-data/Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance-
pubs.organisational-data/Brunel/University Research Centres and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups/Centre for Empirical Finance-
Appears in Collections:Economics and Finance
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Dept of Economics and Finance Research Papers

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