Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007
, Denmark, and Sweden. We find that Economic and Monetary
Union (EMU) has led to substantial convergence in euro area …
Monetary Union, as well as two referees and the editor, for helpful discussions, comments, and suggestions.
Gürkaynak … Reserve Bank of San Francisco; eric.swanson@sf.frb.org
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I. Introduction
To what extent has Economic and Monetary Union …