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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
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of pointing out. Dr. Salowski undertakes here an international comparison. …
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core countries. With the help of the theory of clubs, Professor F. L. Sell analyses the incentive effects of the "monetary …
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