EconPapers    
Economics at your fingertips  
 

ClubMed? Cyclical Fluctuations in the Mediterranean Basin

Fabio Canova () and Matteo Ciccarelli

No 532, Working Papers from Barcelona Graduate School of Economics

Abstract: We investigate the similarities of macroeconomicfluctuations in the Mediterranean basin and their convergence. A model with three geo-political indicators, covering the West, the East and the MENA portions of the Mediterranean, characterizes well the historical experience since the early 1980. Convergence and divergence coexist in the region and are reversible. Except forn the West, domestic cyclical fluctuations are still due to national and idiosyncratic causes. The outlook for the next few years looks rosier for the MENA and the East blocks than for the West.

Keywords: Bayesian methods; Business cycles; Mediterranean basin; Developing and developed countries (search for similar items in EconPapers)
JEL-codes: C11 C33 E32 (search for similar items in EconPapers)
Date: 2011-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://www.barcelonagse.eu/sites/default/files/working_paper_pdfs/532.pdf (application/pdf)

Related works:
Journal Article: ClubMed? Cyclical fluctuations in the Mediterranean basin (2012) Downloads
Working Paper: ClubMed? Cyclical fluctuations in the Mediterranean basin (2012) Downloads
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:bge:wpaper:532

Access Statistics for this paper

More papers in Working Papers from Barcelona Graduate School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Bruno Guallar ().

 
Page updated 2019-08-19
Handle: RePEc:bge:wpaper:532