Optimal Currency Areas and the Euro, Volume I by Johannes Kabderian Dreyer & Peter Alfons Schmid
Author:Johannes Kabderian Dreyer & Peter Alfons Schmid
Language: eng
Format: epub
ISBN: 9783030465155
Publisher: Springer International Publishing
2.1 Evolution Since 1995
We have a closer look for the time since 1995 (Tables 6 and 7). Table 6Bilateral correlation coefficients, 1998q1–2015q3
EA-11
EA-19
EU-27
Group 5
Mean
0.8073
0.6504
0.6347
0.5552
Variation coefficient
0.1594
0.3633
0.3600
0.4443
Source Authors’ own calculations
Table 7Bilateral correlation coefficients with group 5, 1998q1–2015q3
EA-11
EA-19
EU-27
Mean
0.5749
0.5164
0.5552
Variation coefficient
0.3551
0.4516
0.4443
Source Authors’ own calculations
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