Has the Euro‐Mediterranean Partnership Affected Mediterranean Business Cycles?

B-Tier
Journal: Journal of Applied Econometrics
Year: 2015
Volume: 30
Issue: 2
Pages: 241-262

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We date turning points of the reference cycle for 19 Mediterranean countries and analyze their structure and interdependencies. Fluctuations are volatile and not highly correlated across countries; recessions are deep but asynchronous, the distribution of output losses in recessions spread out. Heterogeneities across countries and regions are substantial. Cyclical fluctuations are poorly related to trade and financial linkages. Mediterranean cycles are time varying but their evolution is not linked with the Euro‐Mediterranean partnership process. Copyright © 2013 John Wiley & Sons, Ltd.

Technical Details

RePEc Handle
repec:wly:japmet:v:30:y:2015:i:2:p:241-262
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-25