Cyclical patterns of the Spanish economy in Europe

• Álvarez, Luis J. ^[2] ; Gadea Rivas, María Dolores ^[1] ; Gómez Loscos, Ana ^[2]
  1. [1] Universidad de Zaragoza

     Universidad de Zaragoza

     Zaragoza, España

     
  2. [2] Banco de España
• Localización: Documentos ocasionales - Banco de España, ISSN 1696-2222, Nº. 3, 2021, págs. 1-31
• Idioma: inglés
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• Resumen

  • The main aim of this paper is to provide a set of stylised facts on the regularities of cyclical patterns in Spain compared with those of the major European countries and to analyse the synchronisation of the main real variables of these economies, which have close trading and financial relationships. A sectoral approach is used to take into account the heterogeneous behaviour of the different supply and demand components.