Business Cycles Under Monetary Union: A Comparison of the EU and Us
Posted: 26 Feb 2001
Abstract
This paper documents business cycle similarities and differences among the 12 Federal Reserve districts in the USA and the 15 countries that make up the EU. The comparison is suggestive of what might be expected to emerge in the way of business cycle synchronization from a monetary union between the member states of the EU.
Suggested Citation: Suggested Citation
Wynne, Mark A. and Koo, Jahyeong, Business Cycles Under Monetary Union: A Comparison of the EU and Us. Available at SSRN: https://ssrn.com/abstract=247420
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