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	<title>business cycle Archives - IREF Europe EN</title>
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		<title>Eurozone</title>
		<link>https://en.irefeurope.org/publications/policy-paper-series/article/eurozone/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=eurozone</link>
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		<dc:creator><![CDATA[Karl-Friedrich Israel]]></dc:creator>
		<pubDate>Thu, 16 Apr 2026 22:40:16 +0000</pubDate>
				<category><![CDATA[Policy Paper Series]]></category>
		<category><![CDATA[business cycle]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[financial cycle]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[monetary system]]></category>
		<guid isPermaLink="false">https://en.irefeurope.org/?p=36578</guid>

					<description><![CDATA[<p>We revisit the euro’s promise of convergence through a new Divergence Monitor tracking business and financial cycle synchronization since the 1980s. Business cycles became more aligned after 1999, but financial&#8230;</p>
<p>The post <a href="https://en.irefeurope.org/publications/policy-paper-series/article/eurozone/">Eurozone</a> appeared first on <a href="https://en.irefeurope.org">IREF Europe EN</a>.</p>
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