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 …

After arguing that the concepts of b-convergence and s-convergence are independently interesting, this paper extends … the empirical evidence on regional growth and convergence across the United States, Japan, and five European nations. We … confirm that the estimated speeds of convergence are surprisingly similar across data sets: regions tend to converge at a …

The concepts of s-convergence, absolute b-convergence and conditional b-convergence are discussed in this paper. The …. Except for the large cross section of countries, all data sets display strong evidence of s-convergence and absolute b-convergence …. The cross section of countries exhibits s-divergence and conditional b-convergence. The speed of conditional convergence …

the convergence criteria will be able to adopt a single currency, while the remaining peripheral countries will continue … to use their national monetary instrument until monetary convergence is attained. In this paper we accept the core …