(Since when) are East and West German business cycles synchronised? / Stefan Gießler, Katja Heinisch, Oliver Holtemöller
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Discovery
1067664572
URN
urn:nbn:de:gbv:3:2-107509
DOI
ISBN
ISSN
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [2019]
Umfang
1 Online-Ressource (III, 27 Seiten, 0,88 MB) : Diagramme
Ausgabevermerk
Sprache
eng
Anmerkungen
Inhaltliche Zusammenfassung
This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised over time. GDP-based indicators and survey data show a higher degree of synchronisation than the indicators based on unemployment rates. However, recently synchronisation among East and West German business cycles seems to become weaker, in line with international evidence.
Schriftenreihe
IWH-Diskussionspapiere ; 2019, no. 7 (March 2019) ppn:837399270