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Artigo de professores do ISEG aceite para publicação na revista internacional – Economic Letters

Foi aceite para publicação na revista Accounting and Finance, o artigo "The shrinking endogeneity of optimum currency areas criteria: Evidence from the European Monetary Union-a Beta regression approach", da autoria de António Mendonça, João Silvestre e José Passos, ambos professoras do ISEG.

Abstract

The endogeneity of optimum currency areas criteria has been widely studied. Literature suggests the existence of a positive relationship among trade intensityand business cycles correlation. Using a Beta regression model for the Eurozonewe have concluded that trade has a decreasing marginal effect on the business cycles correlation.