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Export Reference (APA) 
Ferreira-Lopes, A. & Pina, A. M. (2011). Business cycles, core and periphery in monetary unions: comparing Europe and North America. Open Economies Review. 22 (4), 565-592
Export Reference (IEEE) 
A. M. Lopes and Á. M. Pina,  "Business cycles, core and periphery in monetary unions: comparing Europe and North America", in Open Economies Review, vol. 22, no. 4, pp. 565-592, 2011
Export BibTeX 
@article{lopes2011_1765575944935,
	author = "Ferreira-Lopes, A. and Pina, A. M.",
	title = "Business cycles, core and periphery in monetary unions: comparing Europe and North America",
	journal = "Open Economies Review",
	year = "2011",
	volume = "22",
	number = "4",
	doi = "10.1007/s11079-009-9133-9",
	pages = "565-592",
	url = "http://www.springerlink.com/content/a62k567534u68477/"
}
Export RIS 
TY  - JOUR
TI  - Business cycles, core and periphery in monetary unions: comparing Europe and North America
T2  - Open Economies Review
VL  - 22
IS  - 4
AU  - Ferreira-Lopes, A.
AU  - Pina, A. M.
PY  - 2011
SP  - 565-592
SN  - 0923-7992
DO  - 10.1007/s11079-009-9133-9
UR  - http://www.springerlink.com/content/a62k567534u68477/
AB  - Using different levels of regional aggregation, we compare Europe with the USA and Canada as regards business cycle synchronization and core-periphery patterns. A long annual sample (1950-2005) makes it possible to study how these aspects have evolved over time. Results support the economic viability of EMU. Average cyclical correlations among European countries have risen significantly, reaching levels close to those of North American regions. Applying fuzzy clustering to the analysis of core-periphery issues, we find European countries to actually outperform USA Census Regions: the core-periphery divide is milder, and peripheral status seems generally less protracted.
ER  -