| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5167 |
| DP5167 Real Effects of Inflation Through the Redistribution of Nominal Wealth | |
| Martin Schneider; Matthias Doepke | |
| 发表日期 | 2005-08-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper analyses the synchronization of business cycles between new and old EU members using various measures. The main findings are that Hungary, Poland and Slovenia have achieved a high degree of synchronization for GDP, industry and exports, but not for consumption and services. The other CEECs have achieved less or no synchronization. There has been significant increase in synchronization of GDP and its major components within EMU. This lends support to the argument of OCA endogeneity but there is also evidence of a world cycle. The consumption-correlation puzzle remains, but its magnitude has greatly diminished in the EMU members. |
| 主题 | International Macroeconomics |
| 关键词 | Business cycle synchronization Consumption-correlation puzzle Emu New eu members Oca endogeneity |
| URL | https://cepr.org/publications/dp5167 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534052 |
| 推荐引用方式 GB/T 7714 | Martin Schneider,Matthias Doepke. DP5167 Real Effects of Inflation Through the Redistribution of Nominal Wealth. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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