Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/47106 
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dc.contributor.authorDöpke, Jörgen
dc.date.accessioned2011-06-30T15:12:20Z-
dc.date.available2011-06-30T15:12:20Z-
dc.date.issued1998-
dc.identifier.citation|nInstitut für Weltwirtschaft (IfW) |lKiel |y1998en
dc.identifier.urihttp://hdl.handle.net/10419/47106-
dc.description.abstractThe paper presents some stylized facts of Euroland's business cycle using aggregated data. The main results are: The determination of turning points in Euroland's business cycle is not very sensitive to the detrending method used, although the level of the recent output gap depends on it. Investment, net exports and stock building explain the largest share of the swings in real GDP. The types of expenditures - except for net exports - are pro-cyclical with almost no lag or lead. The results for monetary variables are unclear, most of them show no clear-cut cyclical behavior. Prices are counter-cyclical, whereas labor productivity and real wages are pro-cyclical. The cyclical component of industrial production in all member countries shows a positive and over time increasing correlation coefficient with the one in the rest of Euroland.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x887en
dc.subject.jelE32en
dc.subject.ddc330en
dc.subject.keywordBusiness Cyclesen
dc.subject.keywordStylized Factsen
dc.subject.keywordEuropean Monetary Unionen
dc.subject.stwKonjunkturen
dc.subject.stwZeitreihenanalyseen
dc.subject.stwKonjunkturprognoseen
dc.subject.stwPrognoseverfahrenen
dc.subject.stwSchätzungen
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen
dc.subject.stwEU-Staatenen
dc.titleStylized facts of Euroland's business cycle-
dc.typeWorking Paperen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:887en
dc.identifier.printppn258359676en
dc.date.issuedonline2011en
dc.publisher.online|aZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |cKiel, Hamburgen
econstor.documentversionDigitized Versionen
econstor.citation.publisherInstitut für Weltwirtschaft (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year1998en

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