Instituto Superior de Economia e Gestão (ISEG)
Eventos
ISEG 2S SEMINARS | Convergence of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis
Em 25-02-2013 às 14:00 / Quelhas 6 | 3rd floor | Delta room
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Speaker:
Manuel Mota Freitas
Fac. Economia - Universidade do Porto
Presentation:
Convergence of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis
Abstract
We use wavelet tools and Economic Sentiment Indicators to study the similarity and synchronization of economic cycles in the Euro Area. We assess the time-varying and frequency-varying pattern of business cycles synchronization in the Area and test the impact of the creation of the Economic and Monetary Union in 1999.
Among several results, we find that (a) EMU is associated with a significant increase in the similarity and synchronization of the economic sentiment in the Euro Area; (b) the hard-peg of its currency to the Euro led to a comparable effect on Denmark's economic sentiment after 1999, differently from what happened in the case of the UK.
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ORGANIZING TEAM
This seminars series is organized by
Margarida Abreu (ECO),
Raquel M. Gaspar (FIN/MG) and
Isabel Proença (QM).
MEETING THE SPEAKER
All speakers are available to meet faculty at ISEG during the afternoon after the talk. Slots are limited. To book your time with the speaker, contact one of the coordination team members.
MAILING LIST
To join the ISEG 2S Seminar Mailing List and receive regular information contact
Filomena Ferreira.
PARKING
If you come to the seminars at ISEG by car, please contact
Filomena Ferreira to assure your entrance into the park.
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