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Persistent link: https://www.econbiz.de/10012548848
This paper examines regional inflation divergence within the European EMU aiming at characterizing the properties of … inflation differentials. The empirical evidence suggests that a process of price level convergence in the EMU is well on its way. …
Persistent link: https://www.econbiz.de/10005731542
segmented goods and labor markets makes the analysis best suited for a monetary union such as the present European EMU. We find …
Persistent link: https://www.econbiz.de/10005687789
Persistent link: https://www.econbiz.de/10001138941
Persistent link: https://www.econbiz.de/10011452572
The paper examines the development of Italy�s public finances after the consolidation period 1992-97, which secured participation in the European Monetary Union from the outset. The �structural� developments in the main budgetary components are assessed, excluding the effects of...
Persistent link: https://www.econbiz.de/10005113682