Inflation rate dynamics convergence within the euro

doi:10.1007/978-3-319-09144-0_10

Utilize este identificador para referenciar este registo: https://hdl.handle.net/1822/29951

Título:	Inflation rate dynamics convergence within the euro
Autor(es):	Soares, M. J. Conraria, Luís Aguiar
Palavras-chave:	Continuous wavelet transform Wavelet dissimilarity matrix Multidimensional scaling Inflation rate synchronization European Union integration
Data:	2014
Editora:	Springer Verlag
Revista:	Lecture Notes in Computer Science
Citação:	Soares, Maria Joana e L. Aguiar-Conraria, “Inflation rate dynamics convergence within the Euro” in B. Murgante et. al (eds.) , ICCSA 2014, Part I, LNCS 8579, 132-145
Resumo(s):	In this paper we use wavelet analysis to address the problem of in ation dynamics convergence in the Euro area. The study is conducted for the 11 countries that rst joined the Euro. We use a dissimilarity measure derived in the time-frequency space to estimate the degree of in ation synchronization among these countries.With this measure, we ll a dissimilarity matrix which, with multidimensional scaling, is then used to plot the di erent countries in a plane. Our results indicate that the degree of in ation cycles synchronization is much stronger before than after the Euro. For example, while before the Euro, Portuguese in ation is synchronized with the in ation in six other countries, after the Euro adoption any statistical evidence of synchronization disappears
Tipo:	Artigo em ata de conferência
URI:	https://hdl.handle.net/1822/29951
ISBN:	9783319091433
DOI:	10.1007/978-3-319-09144-0_10
ISSN:	0302-9743
Arbitragem científica:	yes
Acesso:	Acesso restrito UMinho
Aparece nas coleções:	NIPE - Livros e Capítulos de Livros