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The paper compares the most closely watched sentiment indicators with respect to their ability to nowcast quarterly GDP dynamics in the Euro Area and its biggest economies. We analyse cross-correlations and out-of-sample forecast errors generated from equations estimated by rolling regressions...
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article the author analyzed the convergence across regions in EU countries. In case of countries that gained the accession to … the EU on 1 May 2004, convergence did not apply. On the other hand, rich countries of EU like Austria, Belgium or the …
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) EU members or "old" ones, etc. The main findings from the comparisons are as follows: 1. European countries close to the … found statistically significant at the α = 0.01 level. 2. Differences between eurozone and non-eurozone, old and new EU …
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The EU designs its cohesion policy with the primary purpose of reducing disparities in regional development. The … capital and economic development of EU’s regions. Using spatial analysis methods, the spatial dependencies between the growth … that became EU members only recently and in countries in southern Europe, including Greece. The spatial correlation …
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