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Trends and Cycles in the Euro Area: How Much Heterogeneity and Should We Worry About it?

ECB Working Paper No. 595

48 Pages Posted: 25 Apr 2006

See all articles by Domenico Giannone

Domenico Giannone

International Monetary Fund (IMF); Centre for Economic Policy Research (CEPR)

Lucrezia Reichlin

London Business School; Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES); Centre for Economic Policy Research (CEPR); European Central Bank (ECB)

Date Written: March 2006

Abstract

Not so much and we should not, at least not yet.

Keywords: International Business Cycles, Euro Area, Risk Sharing, European Integration, Income Insurance

JEL Classification: E32, C33, C53, F2, F43

Suggested Citation

Giannone, Domenico and Reichlin, Lucrezia, Trends and Cycles in the Euro Area: How Much Heterogeneity and Should We Worry About it? (March 2006). ECB Working Paper No. 595, Available at SSRN: https://ssrn.com/abstract=886548 or http://dx.doi.org/10.2139/ssrn.886548

Domenico Giannone (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Lucrezia Reichlin

London Business School ( email )

Sussex Place
Regent's Park
London, London NW1 4SA
United Kingdom

Université Libre de Bruxelles (ULB) - European Center for Advanced Research in Economics and Statistics (ECARES) ( email )

Ave. Franklin D Roosevelt, 50 - C.P. 114
Brussels, B-1050
Belgium
+32 2 650 4221 (Phone)
+32 2 650 4475 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

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