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ISEG 2S SEMINARS | Convergence of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis

25 Feb from 14:00 to 14:01
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

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.


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.