We test for real interest rate convergence in the EU25 area. Our contribution is twofold: first, we account for the … have important implications relating to the single monetary policy and the progress new EU members have achieved towards …

We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006). …

We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically … revenues. While sustainability may be lacking in individual cases, fiscal policy was overall sustainable both for the EU15 …

Using pooled mean-group estimation we first analyse conditional convergence in the EU15 area in 1960-2002. Conditional … convergence is well documented for the EU15 countries and deeper European integration is mostly shown to have fastened convergence … method in order to estimate the conditional convergence of the new EU member countries of Central and Eastern Europe towards …

paper is two-fold. First we simulate the impact of the eastern enlargement of the EU and, second, we analyse how deeper … integration between the EU and FSU contributes to this. The analysis is carried out with GTAP computable general equilibrium model …, even in its very deep form, be beneficial for all EU regions without causing substantial welfare losses outside the Union …