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Business Cycles in Post-Reunified Germany: Closer Together or Further Apart?

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Author Info

  • Alexandra Ferreira-Lopes

    ()
    (ISCTE-IUL - Department of Economics, UNIDE-ERC and DINÂMIA)

  • Tiago Neves Sequeira

    ()
    (UBI and INOVA-UNL)

Abstract

In this article we document the features of business cycles in German Länders from 1970 and 2007. Specifically, we answer the question if German Länders are becoming more synchronized or not. All results indicate that the synchronization of cycles is stronger inside the former Western Germany and inside the former Eastern Germany. The reunification process has had a strong influence in terms of business cycle association. However, a process of cyclical convergence has begun, although slowly, after the reunification.

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File URL: http://bru-unide.iscte.pt/RePEc/pdfs/ERCwp0410.pdf
File Function: First version, 2010
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Bibliographic Info

Paper provided by ISCTE-IUL, Business Research Unit (BRU-IUL) in its series Working Papers Series 1 with number ercwp0410.

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Length: 21 pages
Date of creation: 15 Jun 2010
Date of revision:
Handle: RePEc:isc:iscwp1:ercwp0410

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Web page: http://bru-unide.iscte.pt/
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Related research

Keywords: Business Cycle Association; Synchronization; and Convergence; Germany Reunification.;

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  1. Jakob de Haan & Robert Inklaar & Olaf Sleijpen, 2002. "Have Business Cycles Become More Synchronized?," Journal of Common Market Studies, Wiley Blackwell, vol. 40(1), pages 23-42, 03.
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