Kontolemis, Zenon G. - 2006
aligned with those in the euro area in the 1990s (as they would be if the United Kingdom were to join EMU), output growth … cycles in the euro-area countries; and (ii) identifies, using a small VAR model, a relatively significant role for monetary …In the context of the U.K. government's EMU entry condition of cyclical convergence, this paper (i) provides further …