Please use this identifier to cite or link to this item: http://buratest.brunel.ac.uk/handle/2438/9710
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dc.contributor.authorCaporale, GM-
dc.contributor.authorDe Santis, R-
dc.contributor.authorGirardi, A-
dc.date.accessioned2015-01-13T11:06:26Z-
dc.date.available2014-
dc.date.available2015-01-13T11:06:26Z-
dc.date.issued2014-
dc.identifier.citationJournal of Financial Stability, 2014en_US
dc.identifier.issn1572-3089-
dc.description.abstractUsing annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results support the specialisation paradigm rather than the endogeneity hypothesis. Evidence is found in the euro period of diverging patterns between the core and the peripheral EMU countries raising questions about the future stability of EMU.en_US
dc.language.isoenen_US
dc.subjectOutput synchronisationen_US
dc.subjectTrade intensityen_US
dc.subjectEndogeneityen_US
dc.subjectEuropean Monetary Union (EMU)en_US
dc.titleTrade intensity and output synchronisation: on the endogeneity properties of EMUen_US
dc.typeArticleen_US
dc.relation.isPartOfJournal of Financial Stability-
dc.relation.isPartOfJournal of Financial Stability-
pubs.organisational-data/Brunel-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Dept of Economics and Finance-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Dept of Economics and Finance/Economics and Finance-
pubs.organisational-data/Brunel/University Research Centres and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups-
pubs.organisational-data/Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Brunel Institute for Ageing Studies-
Appears in Collections:Dept of Economics and Finance Research Papers

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