Katsouli, Eleni F.; Katos, Anastasios V. - In: International Journal of Sustainable Economy 6 (2014) 3, pp. 230-242
This paper investigates unconditional convergence of major economic variables across the Euro-zone member states of … Portugal, Ireland, Italy, Greece and Spain over the last 30 years. The criteria used for investigating convergence are β-convergence …, σ-convergence, and time-series-convergence. The findings show that the unemployment rate, the budget deficit, and the …