Detail publikace

The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis

POMĚNKOVÁ, J. KAPOUNEK, S.

Originální název

The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

We provide wavelet analysis of economic cycle synchronization during the recent financial crisis. However, the global financial crisis caused economic cycles in the most European countries to become more strongly synchronized without increasing of the real convergence process. Our contribution is in application of singular value decomposition to identify and remove long-term trend included outliers appears in the year 2007–2010. We found that historically greater integration provides more highly synchronized cycles in the core euro area member countries.

Klíčová slova

Euro area, singular value decomposition, synchronization, wavelet analysis.

Autoři

POMĚNKOVÁ, J.; KAPOUNEK, S.

Rok RIV

2013

Vydáno

26. 9. 2013

Místo

Praha

ISSN

0139-570X

Periodikum

Agricultural Economics (AGRICECON)

Ročník

58

Číslo

9

Stát

Česká republika

Strany od

389

Strany do

395

Strany počet

6

URL

https://agricecon.agriculturejournals.cz/artkey/age-201309-0001_the-endogeneity-of-optimum-currency-area-criteria-in-the-context-of-financial-crisis-evidence-from-the-time-fr.php

BibTex

@article{BUT102571,
  author="Jitka {Dluhá} and Svatopluk {Kapounek}",
  title="The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis",
  journal="Agricultural Economics (AGRICECON)",
  year="2013",
  volume="58",
  number="9",
  pages="389--395",
  doi="10.17221/9/2013-AGRICECON",
  issn="0139-570X",
  url="https://agricecon.agriculturejournals.cz/artkey/age-201309-0001_the-endogeneity-of-optimum-currency-area-criteria-in-the-context-of-financial-crisis-evidence-from-the-time-fr.php"
}