fiscal convergence criteria written into the Treaty of Maastricht and its Protocols. In order to qualify for full membership …

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …

growth in Portugal and how it affects the convergence process between regions. In the empirical analysis, interaction terms …. The empirical analysis estimates the conditional convergence model of the Barro’s type, applied to the Portuguese NUTS3 … regional growth and convergence in Portugal. …

them as regards the relationship between factor shares and speed of convergence. Using cross-country/time-series data, we … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short …-run parameters. Indeed, both theoretical models imply that the speed of convergence to the steady state differs across countries due …