Differences in the euro area : a wavelet approach
Crowley, Patrick M.; Mayes, David G. (09.12.2005)
Numero
4Julkaisija
Bank of Finland
2005
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408073225Tiivistelmä
The wavelet approach looks beyond the more usual areas of growth pattern analysis of trends and cycles.Comparative analyses show considerable similarities in euro area growth rates, particularly at business cycle frequencies, most notably among the original. European Community founding members.Non-business cycle frequencies highlight some concerns for policy-making.