EMU Convergence: Reason for Encouragement

One long-standing problem with currency and trading unions is the varying timing of their business cycles. These variations make adopting uniform fiscal and monetary policies difficult, with some nations bearing more of the pain than others. But over time, these business cycles should converge. Do they? This economist, a member of our board, finds that in the European Union, they have indeed converged.

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Year of publication:	2008
Authors:	Dunn, Robert
Published in:	Challenge. - M.E. Sharpe, Inc., ISSN 0577-5132. - Vol. 51.2008, 2, p. 85-96
Publisher:	M.E. Sharpe, Inc.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005752382