. "We provide wavelet analysis of economic cycle synchronization during the recent financial crisis. However, the global financial crisis caused economic cycles in the most European countries to become more strongly synchronized without increasing of the real convergence process. Our contribution is in application of singular value decomposition to identify and remove long-term trend included outliers appears in the year 2007\u20132010. We found that historically greater integration provides more highly synchronized cycles in the core euro area member countries."@en . . "The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis"@en . "2"^^ . "1"^^ . . "RIV/00216305:26220/13:PU105743!RIV14-GA0-26220___" . . "[450212755364]" . . "P(ED2.1.00/03.0072), P(GAP402/11/0570)" . . "58" . . . . "CZ - \u010Cesk\u00E1 republika" . . "Kapounek, Svatopluk" . . . "Agricultural Economics (AGRICECON)" . . . "The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis"@en . "72780" . "9" . "Euro area, singular value decomposition, synchronization, wavelet analysis."@en . "26220" . . . "The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis" . "0139-570X" . . "RIV/00216305:26220/13:PU105743" . "We provide wavelet analysis of economic cycle synchronization during the recent financial crisis. However, the global financial crisis caused economic cycles in the most European countries to become more strongly synchronized without increasing of the real convergence process. Our contribution is in application of singular value decomposition to identify and remove long-term trend included outliers appears in the year 2007\u20132010. We found that historically greater integration provides more highly synchronized cycles in the core euro area member countries." . "Pom\u011Bnkov\u00E1, Jitka" . "The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis" . . "6"^^ .