such as output, unemployment rates, and inflation. But does monetary policy influence crime rates? By extending the vector … autoregression literature, we derive estimates of the dynamic effect of higher interest rates on crime rates. Higher interest rates …

The objective of the paper is to analyse the nominal and real convergence process in Estonia drawing on the Balassa …-Samuelson (B-S) framework. A 15-sectoral breakdown for GDP and a 5-digit level CPI data disaggregation with over 260 items is used …

A popular methodology of studying spatial income inequality is analysis of beta-convergence (i.e. an inverse … growth theory predicts income convergence among economies (countries or regions within a country), and that beta-convergence …

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

to what extent the convergence to the EU stimulates the economic development of these countries. Despite the similarities … nominal, real and financial convergence and synchronization of the economic cycle with that of the European Union (using … unconditional ß convergence approach). Income and price levels, inflation rate, interest rate, monetary aggregates, credit …

monetary, real, and institutional convergence already achieved beforehand. Positive net advantages may derive from dollar …

the labor force. Furthermore, we derive and estimate a measure of East-West wage convergence that accounts for both …