capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance … find that lower exchange rate volatility is associated with higher growth (for relatively less financially developed …

, while achieving regional redistribution, seem to impede output growth and promote an “immiserising convergence”: output …-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers … growth rates in poor receiving regions decline by less than in rich paying regions. EU structural and cohesion funds spent …

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 …

productivity growth in these countries, focusing on a panel of Polish manufacturing industries. Companies in Poland seem to benefit … constructing endogenous growth models for the EU catching-up economies. JEL Classification: C23, O31, O47 …

productivity convergence among euro area countries. While no convergence can be found on the aggregate level, selected service … sectors and manufacturing sub-industries indicate evidence of convergence. In a search for factors influencing productivity … competitive environment, eventually facilitating economic convergence. JEL Classification: C33, O47, J24, L60, L80 …