Aviso: Se está a ler esta mensagem, provavelmente, o browser que utiliza não é compatível com os "standards" recomendados pela W3C. Sugerimos vivamente que actualize o seu browser para ter uma melhor experiência de utilização deste "website". Mais informações em

Warning: If you are reading this message, probably, your browser is not compliant with the standards recommended by the W3C. We suggest that you upgrade your browser to enjoy a better user experience of this website. More informations on

Instituto Superior de Economia e Gestão (ISEG)


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

Speaker: Manuel Mota Freitas
Fac. Economia - Universidade do Porto
Presentation: Convergence of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis


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.

This seminars series is organized by Margarida Abreu (ECO), Raquel M. Gaspar (FIN/MG) and Isabel Proença (QM).

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.

To join the ISEG 2S Seminar Mailing List and receive regular information contact Filomena Ferreira.

If you come to the seminars at ISEG by car, please contact Filomena Ferreira to assure your entrance into the park.