Think tank europe

Aggregate and Regional Business Cycle Synchronisation in the Nordic Countries
17/12/2009
Author : Swedish Institute for European Policy Studies (SIEPS)
Report by Anna Larsson, Nevena Gaco and Henrik Sikström
 
In the wake of the economic and financial crisis, a Swedish membership to the Economic and Monetary Union (EMU) has returned to the domestic political agenda. Although the issue has been politically dead since the referendum on the euro in 2003, public opinion in support of EMU has increased the past year as the Swedish krona has continued to depreciate. During the run-up to the Swedish referendum of the euro six years ago, the question of how asymmetric shocks would affect member states became one of the most debated topics amongst scholars.

The report Aggregate and Regional Business Cycle Synchronisation in the Nordic Countries revisit this issue by studying aggregate and regional business cycle asymmetries in the Nordic countries Denmark, Finland, Norway and Sweden. The authors find, among other things, that Denmark and Finland have become more synchronous relative to the euro area since 1992, while no such trend is found in the case of Sweden. Norway, on the other hand, displays tendencies to become increasingly asymmetric relative to the euro area during the same time period.

Download
 
Keyword search
 
Report inappropriate content
You need to be logged in to rate and comment on articles.
Click the log in or register button in the top right corner of this page.
Add rating
 
Back to ArticleList
Saturday, 11 February 2012
Europe's World - AUTUMN 2011 - #19
The Autumn 2011 issue of Europe's World is out!

We feel it's fair to say that few if any publications in the field of international relations and policy debate have grown as fast or widened their scope so remarkably as Europe's World.

Our 100,000 readers worldwide are drawn from politics, government, business, the media, universities and NGOs.
 
Advertisement



Vox Pop - Have your say...
WHAT IS THE EU’S ROLE IN AN INCREASINGLY POLARISED WORLD??
 


What do YOU think?
Please leave your comments at the end of the article 

 

le plus populaire du journal
le plus populaire de communité
le plus populaire des partenaires
Logon