References

AGRESTI, Anna-Maria, MOJON, Benoit. Some Stylised Facts on the Euro Area Business Cycle. ECB Working Paper, No. 95, December 2001.

AVOUYI-DOVI, Sanvi, KIERZENKOWSKI, Rafal, and LUBOCHINSKY, Catherine. Are Business and Credit Cycles Converging or Diverging? A Comparison of Poland, Hungary, the Czech Republic and the Euro Area. Banque de France Working Paper, No. 144, May 2006.

BURNS, Arthur F., WESLEY, Mitchell C. Measuring Business Cycles. NBER, 1946 [cited 11 March, 2008]. Available: http://www.nber.org/books/burn46-1.

CAMACHO, Maximo, PEREZ-QUIROS, Gabriel, SAIZ, Lorena. Are European Business Cycles Close Enough to Be Just One? Journal of Economic Dynamics and Control, vol. 30, issues 9–10, September–October 2006, pp. 1687–1706.

CESifo World Economic Survey. Ifo Institute, vol. 6, No. 2, May 2007 [cited 20 December, 2007]. Available: http://www.cesifo-group.de/portal/page/portal/ifoHome/b-publ/b2journal/50publwes/.

CROUX, Christophe, FORNI, Mario, and REICHLIN, Lucrezia. A Measure of Comovement for Economic Variables: Theory and Empirics. CEPR Discussion Paper, No. 2339, December 1999.

DARVAS, Zsolt, SZAPARY, Gyorgy. Business Cycle Synchronisation in the Enlarged EU. CEPR Discussion Paper, No. 5179, August 2005.

DIEBOLD, Francis X., RUDEBUSCH, Glenn D. Measuring Business Cycles: A Modern Perspective. NBER Working Paper, No. W4643, February 1994.

GARSON, David G. Statnotes: Topics in Multivariate Analysis. Retrieved 23 July, 2004 [cited 20 December, 2007]. Available: http://www2.chass.ncsu.edu/garson/pa765/factor.htm.

GORSUCH, Richard L. Factor Analysis. Hillsdale, NJ : Erlbaum, 1983.

HAMILTON, James D. A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle. Econometrica, vol. 57, issue 2, March 1989, pp. 357–384.

HAMILTON, James D. Time Series Analysis. New Jersey : Princeton University Press, 1994.

JORESKOG, Karl G. Factor Analysis by Least-Squares and Maximum Likelihood Methods. In: Statistical Methods for Digital Computers. Edited by Kurt Enslein, Anthony Ralston, and Herbert S. Wilf. New York : John Wiley & Sons, Inc., 1977, pp. 125–153.

KENEN, Peter. The Theory of Optimum Currency Areas: An Eclectic View. In: Monetary Problems of the International Economy. Edited by Robert A. Mundell and Alexander K. Swoboda. University of Chicago Press, 1969, pp. 41–60. (In: Exchange Rates and the Monetary System: Selected Essays of Peter B. Kenen. Edward Elgar Publishing Limited, April 1994.)

KIM, Jae-On, MUELLER, Charles W. Introduction to Factor Analysis: What It Is and How To Do It. Newbury Park, CA : SAGE Publications, 1978.

MASSMANN, Michael, MITCHELL, James. Reconsidering the Evidence: Are Eurozone Business Cycles Converging? National Institute of Economic and Social Research, NIESR Discussion Paper, No. 210, March 2003.

MCKINNON, Ronald I. Optimum Currency Areas. American Economic Review, vol. 53, No. 4, pp. 717–725.

MITCHELL, James, MOURATIDIS, Kostas. Is there a Common Euro-Zone Business Cycle? Eurostat: Eurostat Colloquium, Modern Tools for Business Cycle Analysis, November 2002.

MONCH, Emanuel, UHLIG, Harald. Towards a Monthly Business Cycle Chronology for the Euro Area. CEPR Discussion Paper, No. 4377, May 2004.

MONETA, Fabio, RUFFER, Rasmus. Business Cycle Synchronisation in East Asia. ECB Working Paper, No. 671, August 2006.

MONFORT, Alain, RENNE, Jean-Paul, RÜFFER, Rasmus, and VITALE, Giovanni. Is Economic Activity in the G7 Synchronised? Common Shocks Versus Spillover Effects. CEPR Discussion Paper, No. 4119, November 2003.

MUNDELL, Robert A. A Theory of Optimum Currency Areas. American Economic Review, vol. 51, No. 4, November 1961, pp. 657–665.

PINTO, Brian, GURVICH, Evsey, and ULATOV, Sergei. Lessons from the Russian Crisis of 1998 and Recovery. In: Managing Volatility and Crises: A Practitioner's Guide. Edited by Joshua Aizenman and Brian Pinto. Cambridge University Press, Cambridge, February 2004, pp. 406–438 [cited 10 March, 2008]. Available: http://www1.worldbank.org/economicpolicy/mv/mvcguide.html.

STOCK, James H., WATSON, Mark W. A Probability Model of the Coincident Economic Indicators. NBER Working Paper, No. 2772, November 1988.

STOCK, James H., WATSON, Mark W. A Probability Model of the Coincident Economic Indicators. In: Leading Economic Indicators: New Approaches and Forecasting Records. Edited by Kajal Lahiri and Geoffrey H. Moore. Cambridge University Press, Cambridge, 1991, pp. 63–89.

STOCK, James H., WATSON, Mark W. Diffusion Indexes. NBER Working Paper, No. 6702, August 1998.

TRIPIER, Fabien. The Dynamic Correlation Between Growth and Unemployment. Economics Bulletin, vol. 5, No. 4, April 2002, pp. 1–9.

TRYFOS, Peter. Methods for Business Analysis and Forecasting: Text and Cases. York University, January 1998.

ZARNOWITZ, Victor, OZYILDIRIM, Ataman. Time Series Decomposition and Measurement of Business Cycles, Trends and Growth Cycles. NBER Working Paper, No. W8736, January 2002.