메뉴 건너뛰기




Volumn 15, Issue 5, 2014, Pages 907-934

Shocking aspects of monetary union: The vulnerability of regions in Euroland

Author keywords

EMU; Financial crisis; Regions; Shocks; Vulnerability

Indexed keywords

ECONOMIC INTEGRATION; EUROPEAN UNION; FINANCIAL CRISIS; MONETARY POLICY; MONETARY UNION; REGIONAL ECONOMY; VULNERABILITY;

EID: 84926289854     PISSN: 14682702     EISSN: 14682710     Source Type: Journal    
DOI: 10.1093/jeg/lbu055     Document Type: Article
Times cited : (98)

References (41)
  • 1
    • 0010598526 scopus 로고    scopus 로고
    • Best linear unbiased disaggregation of annual GDP to quarterly figures: the case of Malaysia.
    • Abeysinghe, T., Lee, C. (1998) Best linear unbiased disaggregation of annual GDP to quarterly figures: the case of Malaysia. Journal of Forecasting, 17: 527-537.
    • (1998) Journal of Forecasting , vol.17 , pp. 527-537
    • Abeysinghe, T.1    Lee, C.2
  • 2
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo Evidence and an application to employment.
    • Arellano, M., Bond, S. (1991) Some tests of specification for panel data: Monte Carlo Evidence and an application to employment. Review of Economic Studies, 58: 277-297.
    • (1991) Review of Economic Studies , vol.58 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 5
    • 0042572217 scopus 로고    scopus 로고
    • Economic integration and regional business cycles: evidence from the Iberian regions.
    • Barrios, S., de Lucio, J. J. (2003) Economic integration and regional business cycles: evidence from the Iberian regions. Oxford Bulletin of Economics and Statistics, 65: 497-515.
    • (2003) Oxford Bulletin of Economics and Statistics , vol.65 , pp. 497-515
    • Barrios, S.1    de Lucio, J.J.2
  • 6
    • 0001847257 scopus 로고
    • Shocking aspects of European monetary integration
    • F. Torres, F. Giavazzi (eds), Cambridge: Cambridge University Press
    • Bayoumi, T., Eichengreen, B. (1993) Shocking aspects of European monetary integration. In F. Torres, F. Giavazzi (eds) Adjustment and Growth in the European Union, pp. 193-229. Cambridge: Cambridge University Press.
    • (1993) Adjustment and Growth in the European Union , pp. 193-229
    • Bayoumi, T.1    Eichengreen, B.2
  • 8
    • 0001337803 scopus 로고
    • Panel data
    • Z. Griliches, M. Intriligator (eds), Chapter 22, Amsterdam: North-Holland
    • Chamberlain, G. (1984) Panel data. In Z. Griliches, M. Intriligator (eds) The Handbook of Econometrics. Chapter 22, pp. 1247-1318. Amsterdam: North-Holland.
    • (1984) The Handbook of Econometrics , pp. 1247-1318
    • Chamberlain, G.1
  • 9
    • 0001251352 scopus 로고
    • Best linear unbiased interpolation, distribution and extrapolation of time series by related series.
    • Chow, G., Lin, A.-I. (1971) Best linear unbiased interpolation, distribution and extrapolation of time series by related series. The Review of Economics and Statistics, 53: 372-375.
    • (1971) The Review of Economics and Statistics , vol.53 , pp. 372-375
    • Chow, G.1    Lin, A.-I.2
  • 10
    • 24944564946 scopus 로고    scopus 로고
    • Endogeneity of optimum currency areas. What brings countries sharing a single currency closer together
    • European Central Bank, Frankfurt
    • De Grauwe, P., Mongelli, F. P. (2005) Endogeneity of optimum currency areas. What brings countries sharing a single currency closer together. ECB Working Paper Series, 468, European Central Bank, Frankfurt.
    • (2005) ECB Working Paper Series , pp. 468
    • De Grauwe, P.1    Mongelli, F.P.2
  • 13
    • 12444266799 scopus 로고    scopus 로고
    • Unconditional maximum likelihood estimation of linear and log-linear dynamic models for spatial panels.
    • Elhorst, J. P. (2005) Unconditional maximum likelihood estimation of linear and log-linear dynamic models for spatial panels. Geographical Analysis, 37: 85-106.
    • (2005) Geographical Analysis , vol.37 , pp. 85-106
    • Elhorst, J.P.1
  • 14
    • 70349897712 scopus 로고    scopus 로고
    • Spatial panel data models
    • M. M. Fischer, A. Getis (eds), Berlin: Springer-Verlag
    • Elhorst, J. P. (2010) Spatial panel data models. In M. M. Fischer, A. Getis (eds) Handbook of Applied Spatial Analysis, pp. 377-405. Berlin: Springer-Verlag.
    • (2010) Handbook of Applied Spatial Analysis , pp. 377-405
    • Elhorst, J.P.1
  • 16
    • 84863393096 scopus 로고    scopus 로고
    • Recessionary shocks and regional employment: evidence on the resilience of UK regions.
    • Fingleton, B., Garretsen, H., Martin, R. L. (2012) Recessionary shocks and regional employment: evidence on the resilience of UK regions. Journal of Regional Science, 52: 109-133.
    • (2012) Journal of Regional Science , vol.52 , pp. 109-133
    • Fingleton, B.1    Garretsen, H.2    Martin, R.L.3
  • 17
    • 84877917852 scopus 로고    scopus 로고
    • Spatial panel data estimation, counterfactual predictions, and local economic resilience among British towns in the Victorian era.
    • Fingleton, B., Palombi, S. (2013) Spatial panel data estimation, counterfactual predictions, and local economic resilience among British towns in the Victorian era. Regional Science and Urban Economics, 43: 649-660.
    • (2013) Regional Science and Urban Economics , vol.43 , pp. 649-660
    • Fingleton, B.1    Palombi, S.2
  • 18
    • 0142197986 scopus 로고    scopus 로고
    • The endogeneity of the optimum currency area criteria
    • Frankel, J. A., Rose, A. K. (1998) The endogeneity of the optimum currency area criteria.European Economic Review, 108: 1009-1025.
    • (1998) European Economic Review , vol.108 , pp. 1009-1025
    • Frankel, J.A.1    Rose, A.K.2
  • 19
    • 34547582105 scopus 로고    scopus 로고
    • Panel data models with spatially correlated error components.
    • Kapoor, M., Kelejian, H., Prucha, I. (2007) Panel data models with spatially correlated error components. Journal of Econometrics, 140: 97-130.
    • (2007) Journal of Econometrics , vol.140 , pp. 97-130
    • Kapoor, M.1    Kelejian, H.2    Prucha, I.3
  • 20
    • 0002407807 scopus 로고
    • The theory of optimum currency areas: an eclectic view
    • R. A. Mundell, A. K. Swoboda (eds), Chicago: Chicago University Press
    • Kenen, P. B. (1969) The theory of optimum currency areas: an eclectic view. In R. A. Mundell, A. K. Swoboda (eds) Monetary Problems of the International Economy, pp. 41-60. Chicago: Chicago University Press.
    • (1969) Monetary Problems of the International Economy , pp. 41-60
    • Kenen, P.B.1
  • 21
    • 0001794601 scopus 로고
    • Lessons of Massachusetts for EMU
    • F. Torres, F. Giavazzi (eds), Cambridge: Cambridge University Press
    • Krugman, P. (1993) Lessons of Massachusetts for EMU. In F. Torres, F. Giavazzi (eds) Adjustment and Growth in the European Union, pp. 241-261. Cambridge: Cambridge University Press.
    • (1993) Adjustment and Growth in the European Union , pp. 241-261
    • Krugman, P.1
  • 24
    • 0035560992 scopus 로고    scopus 로고
    • EMU versus the regions? Regional convergence and divergence in Euroland.
    • Martin, R. L. (2001) EMU versus the regions? Regional convergence and divergence in Euroland. Journal of Economic Geography, 1: 51-80.
    • (2001) Journal of Economic Geography , vol.1 , pp. 51-80
    • Martin, R.L.1
  • 25
    • 84863393189 scopus 로고    scopus 로고
    • Regional economic resilience, hysteresis and recessionary shocks.
    • Martin, R. L. (2012) Regional economic resilience, hysteresis and recessionary shocks. Journal of Economic Geography, 12: 1-32.
    • (2012) Journal of Economic Geography , vol.12 , pp. 1-32
    • Martin, R.L.1
  • 28
    • 0001260761 scopus 로고
    • A theory of optimum currency areas.
    • Mundell, R. A. (1961) A theory of optimum currency areas. American Economic Review, 51: 657-665.
    • (1961) American Economic Review , vol.51 , pp. 657-665
    • Mundell, R.A.1
  • 29
    • 17644395984 scopus 로고    scopus 로고
    • Does income distribution affect U.S. state economic growth?
    • Partridge, M. (2005) Does income distribution affect U.S. state economic growth? Journal of Regional Science, 45: 363-394.
    • (2005) Journal of Regional Science , vol.45 , pp. 363-394
    • Partridge, M.1
  • 32
    • 0036791602 scopus 로고    scopus 로고
    • European regional policy in the light of recent location theories.
    • Puga, D. (2002) European regional policy in the light of recent location theories. Journal of Economic Geography, 2: 372-406.
    • (2002) Journal of Economic Geography , vol.2 , pp. 372-406
    • Puga, D.1
  • 33
    • 36849046371 scopus 로고    scopus 로고
    • Regional business cycles and the emergence of sheltered economies in the southern periphery of Europe.
    • Rodríguez-Pose, A. S., Fratesi, U. (2007) Regional business cycles and the emergence of sheltered economies in the southern periphery of Europe. Growth and Change, 38: 621-648.
    • (2007) Growth and Change , vol.38 , pp. 621-648
    • Rodríguez-Pose, A.S.1    Fratesi, U.2
  • 34
    • 4043171550 scopus 로고    scopus 로고
    • A meta analysis of the effects of common currencies on international trade
    • Cambridge, MA
    • Rose, A. K. (2004) A meta analysis of the effects of common currencies on international trade. NBER Working Paper, 10373, Cambridge, MA.
    • (2004) NBER Working Paper , pp. 10373
    • Rose, A.K.1
  • 35
    • 84940866317 scopus 로고    scopus 로고
    • Generating county-level freight data using freight analysis framework (FAF2.2) for regional truck emissions estimation
    • Chicago
    • Ruan, M., Lin, J. (2009) Generating county-level freight data using freight analysis framework (FAF2.2) for regional truck emissions estimation. Presentation at the Transport Chicago Conference. Chicago.
    • (2009) Presentation at the Transport Chicago Conference
    • Ruan, M.1    Lin, J.2
  • 37
    • 79955910851 scopus 로고    scopus 로고
    • Regional output growth synchronisation with the Euro area.
    • Siedschlag, I., Tondl, G. (2011) Regional output growth synchronisation with the Euro area. Empirica, 38: 203-221.
    • (2011) Empirica , vol.38 , pp. 203-221
    • Siedschlag, I.1    Tondl, G.2
  • 39
    • 84940841196 scopus 로고    scopus 로고
    • Regional growth cycle synchronisation within the Euro area
    • Economic and Social Research Institute, Dublin
    • Tondl, G., Traistaru-Siedschlag, I. (2006) Regional growth cycle synchronisation within the Euro area. Working Paper 173, Economic and Social Research Institute, Dublin.
    • (2006) Working Paper 173
    • Tondl, G.1    Traistaru-Siedschlag, I.2
  • 41
    • 52149089652 scopus 로고    scopus 로고
    • Quasi-maximum likelihood estimators for spatial dynamic panel data with fixed effects when both n and T are large.
    • Yu, J., De Jong, R., Lee, L. F. (2008) Quasi-maximum likelihood estimators for spatial dynamic panel data with fixed effects when both n and T are large. Journal of Econometrics, 146: 118-134.
    • (2008) Journal of Econometrics , vol.146 , pp. 118-134
    • Yu, J.1    De Jong, R.2    Lee, L.F.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.