Coutinho, Leonor; Turrini, Alessandro - In: Intereconomics : review of European economic policy 55 (2020) 5, pp. 301-311
This paper studies the relationship between real convergence in the euro area and macroeconomic imbalances. It compares the main features of convergence within the euro area with other EU and non-EU country groups, looking at both ‘sigma’ and ‘beta’ convergence in output and total factor...