Core and periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later

Nauro Campos and Corrado Macchiarelli

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Bayoumi-Eichengreen (1993) establish a EMU core-periphery pattern using 1963-1988 data. We use same methodology, sample, window length (1989-2015), and a novel over-identifying restriction test to ask whether the EMU strengthened or weakened the core-periphery pattern. Our results suggest the latter.

Keywords: business cycle synchronization; structural VAR; European Monetary Union; core-periphery (search for similar items in EconPapers)
JEL-codes: E32 E63 F02 (search for similar items in EconPapers)
Date: 2016-10-01
New Economics Papers: this item is included in nep-his, nep-mac, nep-opm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (48)

Published in Economics Letters, 1, October, 2016, 147, pp. 127-130. ISSN: 0165-1765

Downloads: (external link)
http://eprints.lse.ac.uk/68132/ Open access version. (application/pdf)

Related works:
Journal Article: Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 years later (2016)
Working Paper: Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 Years Later (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:68132

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager (lseresearchonline@lse.ac.uk).