This paper offers a systematic evaluation of the evidence on the effects of currency unions
on the synchronisation of economic activity. Focusing on Europe, we construct a database of …

Verbal fluency tasks have been used as tools to measure various cognitive processes, such
as executive functions, memory, and language. Sex differences in verbal fluency …

This paper re-examines the relationship between trade intensity and business cycle
synchronization for 21 OECD countries in the period 1970–2003. Instead of using …

This paper analyses regional resilience and local economic growth patterns in Italy over the
past four decades. Place-specific transient and permanent effects of aggregate employment …

The theory of optimum-currency-areas was conceived and developed in three highly
influential papers, written by Mundell (1961), McKinnon (1963) and Kenen (1969). Those …

This paper examines business cycle synchronization in the European Monetary Union with
a special focus on the core-periphery pattern in the aftermath of the crisis. Using a quarterly …

As the debates about the recent global recession and the subsequent recovery have clearly
shown, our understanding of these questions has been very limited. This comprehensive …

We analyse regional business cycle synchronization in the Euro Area, using gross value
added in 53 NUTS 1 regions for a period of 30 years (1975–2005), detrended by Hodrick …

This paper advances understanding of multiplier-accelerator interaction in European
countries in the 21st century. More than eight decades from the contributions of Keynes and …

If output gaps in a currency union are not sufficiently coherent, the common monetary policy
will not be optimal for all countries or regions in the union. It is common practice to measure …