IDEAS home Printed from https://ideas.repec.org/a/ecj/econjl/v109y1999i452p126-50.html
   My bibliography  Save this article

Does Detrending Matter for the Determination of the Reference Cycle and the Selection of Turning Points?

Author

Listed:
  • Canova, Fabio

Abstract

Recent research in contract theory views ownership as a substitute for complete contracts. Here, this approach is applied to monetary integration. Countries face a coordination problem conducting monetary policy. Negative spillovers ensure uncoordinated policy generates too high inflation. Ex ante, policymakers can undertake politically costly economic reform. This has a positive spillover because it improves the outcome of the monetary policy game. Ex post contracting over policy may be possible, but it supposed that ex ante contracting over reform and monetary policy is not. This paper analyzes when monetary union is a good substitute for this inability to commit.

Suggested Citation

  • Canova, Fabio, 1999. "Does Detrending Matter for the Determination of the Reference Cycle and the Selection of Turning Points?," Economic Journal, Royal Economic Society, vol. 109(452), pages 126-150, January.
    • Handle: RePEc:ecj:econjl:v:109:y:1999:i:452:p:126-50
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Daniel Serra, 1996. "The Coherent Covering Location Problem," Papers in Regional Science, Wiley Blackwell, vol. 75(1), pages 79-101, January.
    2. Guillem López & Adam R. Wagstaff, 1992. "Indicadores de eficiencia en el sector hospitalario," Economics Working Papers 11, Department of Economics and Business, Universitat Pompeu Fabra.
    3. Giorgia Giovannetti, 1993. "Import pricing, domestic pricing and market structure," Economics Working Papers 71, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1994.
    4. Oriol Amat & John Blake & Julia Clarke, 1994. "Bank financial analyst's response to lease capitalization in Spain," Economics Working Papers 89, Department of Economics and Business, Universitat Pompeu Fabra.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marianov, Vladimir & Serra, Daniel, 2001. "Hierarchical location-allocation models for congested systems," European Journal of Operational Research, Elsevier, vol. 135(1), pages 195-208, November.
    2. Zubia Zubiaurre, Marian & Jiménez López, Mariano & Rivas Pérez, Juan Antonio, 2004. "Osakidetzako erietxe bateko jardueraren eta aurrekontu zuzkiduraren egokitzapena," Revista de Dirección y Administración de Empresas, Universidad del País Vasco - Escuela Universitaria de Estudios Empresariales de San Sebastián.
    3. Meyer, Neil & Taylor, Garth & Peterson, Steven & Guaderrama, Marisa C., 1999. "Idaho Fiscal Project," A.E. Extension Series 305007, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    4. Failde, Maria Alicia, 1996. "Rural and urban fiscal patterns," ISU General Staff Papers 1996010108000017633, Iowa State University, Department of Economics.
    5. Jayaraman, Vaidyanathan & Gupta, Rakesh & Pirkul, Hasan, 2003. "Selecting hierarchical facilities in a service-operations environment," European Journal of Operational Research, Elsevier, vol. 147(3), pages 613-628, June.

    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:ecj:econjl:v:109:y:1999:i:452:p:126-50. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/resssea.html .

    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.