Will business cycles in the euro area converge? A critical survey of empirical research

J De Haan, R Inklaar… - Journal of economic …, 2008 - Wiley Online Library
This survey of business cycle synchronization in the European monetary union focuses on
two issues: have business cycles become more similar, and which factors drive business …

Economic policy uncertainty, energy consumption and carbon emissions in G7 countries: evidence from a panel Granger causality analysis

B Pirgaip, B Dinçergök - Environmental Science and Pollution Research, 2020 - Springer
We investigate the causal relationship between economic policy uncertainty (EPU) and
energy consumption and carbon (CO 2) emissions in G7 countries. We employ a bootstrap …

Exploring the international linkages of the euro area: a global VAR analysis

S Dees, F Mauro, MH Pesaran… - Journal of applied …, 2007 - Wiley Online Library
This paper presents a quarterly global model combining individual country vector error‐
correcting models in which the domestic variables are related to the country‐specific foreign …

Renewable energy in prism of technological innovation and economic uncertainty

CW Su, K Khan, M Umar, T Chang - Renewable Energy, 2022 - Elsevier
This research unveils the effect of economic policy uncertainty on renewable energy in G7
while technological innovation is used as a control variable by employing a quantile on …

Global business cycles: convergence or decoupling?

MA Kose, C Otrok, E Prasad - International economic review, 2012 - Wiley Online Library
We analyze the evolution of the degree of global cyclical interdependence over the period
1960–2008. Using a dynamic factor model, we decompose macroeconomic fluctuations in …

Understanding changes in international business cycle dynamics

JH Stock, MW Watson - Journal of the European Economic …, 2005 - academic.oup.com
The volatility of economic activity in most G7 economies has moderated over the past 40
years. Also, despite large increases in trade and openness, G7 business cycles have not …

Understanding the evolution of world business cycles

MA Kose, C Otrok, CH Whiteman - Journal of international Economics, 2008 - Elsevier
This paper studies the changes in world business cycles during the period 1960–2003. We
employ a Bayesian dynamic latent factor model to estimate common and country-specific …

Does policy uncertainty threaten renewable energy? Evidence from G7 countries

K Khan, CW Su - Environmental Science and Pollution Research, 2022 - Springer
This study evaluates economic policy uncertainty (EPU) impact on renewable energy (RE) in
the G7 countries. The finding explores a negative impact of EPU on RE across all quantiles …

Business cycles in the euro area

D Giannone, M Lenza, L Reichlin - 2008 - degruyter.com
When asked for his opinion in the 1960s on what had been the impact of the French
revolution, the Chinese premiere Zhou Enlai famously said,“It's too early to tell.” This might …

Business cycle synchronization in the enlarged EU

Z Darvas, G Szapáry - Open Economies Review, 2008 - Springer
This paper analyzes the synchronization of business cycles between new and old EU
members using various measures. The main findings are that Hungary, Poland and …