Aggregate and Regional Business Cycle Synchronisation in the Nordic Countries (2009:7)

In the wake of the economic and financial crisis, a Swedish membership to the Economic and Monetary Union (EMU) has returned to the domestic political agenda. Although the issue has been politically dead since the referendum on the euro in 2003, public opinion in support of EMU has increased the past year as the Swedish krona has continued to depreciate. During the run-up to the Swedish referendum of the euro six years ago, the question of how asymmetric shocks would affect member states became one of the most debated topics amongst scholars.