Co-mouvement d'activité dans l'UEMOA: une approche par les corrélations dynamiques
Activity co-mouvement in WAEMU countries: an approach based on dynamic correlation
Gammadigbe Vigninou
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper brings a new lighting on the synchronization of the business cycles in the WAEMU countries. The study applies the concept of dynamic correlation to the analysis of the activity co-movement of the union. The results show the low level of synchronization of the business cycles, which makes difficult the implementation of a common monetary policy that will be advantageous to all the countries. These results lead to policy recommendations.
Keywords: Co-mouvement d'activité; Cycle économique; Analyse spectrale; Corrélation dynamique; UEMOA (search for similar items in EconPapers)
JEL-codes: C22 E32 (search for similar items in EconPapers)
Date: 2012-11
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/42561/1/MPRA_paper_42561.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/42690/1/MPRA_paper_42690.pdf revised version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:42561
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().