IDEAS home Printed from https://ideas.repec.org/a/mes/eaeuec/v41y2003i5p6-23.html
   My bibliography  Save this article

Business Cycles in Central and East European Countries

Author

Listed:
  • TIMOTEJ JAGRIC

Abstract

The article studies the properties of business cycles in seven Central and East European countries (CEEC-7). The properties are compared using multivariate wavelet analysis. The evidence of the study suggests that the length of the business cycles in the CEEC-7 is gradually decreasing to the business cycle length of the Organization for Economic Cooperation and Development, and volatility seems to decline after transformation depression. From the viewpoint of synchronization between the European Union (EU) and the CEEC-7, the study suggests three groups of countries. More synchronization is found in countries where greater internationalization of enterprises and greater product and financial market linkages to EU markets are present.

Suggested Citation

  • Timotej Jagric, 2003. "Business Cycles in Central and East European Countries," Eastern European Economics, Taylor & Francis Journals, vol. 41(5), pages 6-23, January.
    • Handle: RePEc:mes:eaeuec:v:41:y:2003:i:5:p:6-23
    as

    Download full text from publisher

    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=EMPR2LQCMM1V5L40
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:spo:wpecon:info:hdl:2441/3361 is not listed on IDEAS
    2. Yu Hsing, 2005. "Impacts of macroeconomic policies on the Latvian output and policy implications," Applied Economics Letters, Taylor & Francis Journals, vol. 12(8), pages 467-471.
    3. Sandrine Levasseur, 2004. "Why not euroisation?," Revue de l'OFCE, Presses de Sciences-Po, vol. 91(5), pages 121-156.
    4. Karlo Kauko & Eero Tölö, 2019. "Banking Crisis Prediction with Differenced Relative Credit," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 65(4), pages 277-297.
    5. Cifter, Atilla & Yilmazer, Sait & Cifter, Elif, 2009. "Analysis of sectoral credit default cycle dependency with wavelet networks: Evidence from Turkey," Economic Modelling, Elsevier, vol. 26(6), pages 1382-1388, November.
    6. Yousefi, Shahriar & Weinreich, Ilona & Reinarz, Dominik, 2005. "Wavelet-based prediction of oil prices," Chaos, Solitons & Fractals, Elsevier, vol. 25(2), pages 265-275.
    7. Chiara Perricone, 2018. "Wavelet analysis for temporal disaggregation," CEIS Research Paper 444, Tor Vergata University, CEIS, revised 29 Oct 2018.
    8. Lu Han & Ruihuan Ge, 2017. "Wavelets Analysis on Structural Model for Default Prediction," Computational Economics, Springer;Society for Computational Economics, vol. 50(1), pages 111-140, June.
    9. repec:hal:wpspec:info:hdl:2441/3361 is not listed on IDEAS
    10. repec:hal:spmain:info:hdl:2441/3361 is not listed on IDEAS
    11. Prevodnik Mojca & Biloslavo Roberto, 2009. "Managers and Leaders in Organizations of a Post-transition Economy," Organizacija, Sciendo, vol. 42(3), pages 87-94, May.
    12. RNuket Kirci Cevik & Sel Dibooglu & Ali M. Kutan, 2016. "Real and Financial Sector Studies in Central and Eastern Europe: A Review," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 66(1), pages 2-31, February.
    13. Darek Klonowski, 2005. "The Evolution of the Venture Capital Industry in Transition Economies: The Case of Poland," Post-Communist Economies, Taylor & Francis Journals, vol. 17(3), pages 331-348.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:eaeuec:v:41:y:2003:i:5:p:6-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MEEE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.