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Master's Dissertation
DOI
10.11606/D.12.2007.tde-18102007-133226
Document
Author
Full name
Tiago de Menezes Soares
E-mail
Institute/School/College
Knowledge Area
Date of Defense
Published
São Paulo, 2007
Supervisor
Committee
Gonçalves, Carlos Eduardo Soares (President)
Mattos, Enlinson Henrique Carvalho de
Postali, Fernando Antonio Slaibe
Title in Portuguese
Comércio e ciclos na União Monetária Européia
Keywords in Portuguese
Ciclos econômicos
Comércio internacional
União Monetária Européia
Abstract in Portuguese
O objetivo deste estudo é investigar, através do estimador de diferenças em diferenças, se a adoção da união monetária européia ampliou tanto o comércio quanto a correlação bilateral dos ciclos econômicos entre seus membros, em comparação com outras economias da OCDE. A evidência apresentada sugere ser esse o caso, nos indicando que a união monetária, como processo último das teorias de integração, pode não ser um fim, mas sim um meio para o alcance da integração entre as economias.
Title in English
Trade and cycles in the European Monetary Union
Keywords in English
Business cycles
European Monetary Union
International trade
Abstract in English
The goal of this paper is to investigate, by means of a simple difs-in-difs technique, whether the adoption of the monetary union among the members of the European Monetary Union (EMU) has increased both bilateral trade and bilateral correlation of business cycles between them rather than amidst other OECD economies. We present evidence suggesting this to be the case, witch tells us that monetary union, as the last stage of the theories of economic integration, may not be an end by itself, but means of achieving the economic integration.
 
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Publishing Date
2007-10-30
 
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