Texas A&M University Corpus Christi - Economics
Professor at Texas A&M University - Corpus Christi
Education Management
Crowley,
Patrick,
Corpus Christi, Texas
Patrick M. Crowley is an international economist and Professor of economics at Texas A&M University in Corpus Christi, Texas, USA. He specializes in studies of regional integration, with particular emphasis on the European Union. He has published widely in journals such as the Journal of Economic Surveys, Journal of Common Market Studies, the Journal of Economic Integration, and the International Trade Journal, and has been the editor for several edited volumes on Europe, probably most notably the Routledge volume entitled Before and Beyond EMU which was published in 2002 and the Ashgate volume Crossing the Atlantic which was published in 2004. Crowley is currently co-chair of the economics interest section of the European Union Studies Association of the US, and is also a Fellow of the Euro Area Business Cycle Network (EABCN). In 2004-2005 Crowley was a Visiting Research Scholar at the Bank of Finland (Suomen Pankki) in Helsinki, Finland, made return visits during the summers of 2006, 2007, 2008 and 2010.
Specialties: Frequency domain economics, European economics, Macroeconomics, International economics.
International Economist
European Economist
Assistant Professor of Economics
Teaching, Research and Service
Visiting Research Fellow
Research
Assistant Professor
Teach courses in Macroeconomics, Money and Banking, International Economics and Economics of the European Union
Professor
Teaching - Principles of Macroeconomics, International Economics, MBA International Economics, Money and Banking, EU Economics.
Research - Economic Cycles, EU Economics, Macroeconomics, Financial Markets, International Economics, Nonlinear Dynamics
Service - Co-Chair of Economics Interest Section at the European Union Studies Association, TAMUCC Core Curriculum Committee, Advisor to the TAMUCC Student Investment Group
B.Sc. (Hons)
Economics with Statistics
M.Sc.
Quantitative Economics
Studied under Willem Buiter and Angus Deaton
Ph.D.
Economics
Bank of Finland Research. Discussion Papers.
Abstract While it is painfully clear that the 'ever closer' monetary and financial union in the EU has run into serious trouble there has been very little study of the degree to which the countries have become similar or different in their economic growth dynamics. This paper therefore goes beyond the traditional convergence literature to look at their dynamic convergence and explore the path of their changing similarity in the frequency domain. The results show that while a core group of countries may be developing together, there appears to be at least seven identifiable groups of countries with different growth dynamics. Greece appears to be in a class on its own. Business cycles are important but longer-term trends and higher frequency fluctuations all have a role to play in facilitating adjustment. These results provide awkward implications for policy, particularly for those who thought that simply having a union would draw countries closer together (endogenous OCA criteria).
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