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towards a more centralised fiscal policy at EU/Euro area level within a new EMU economic governance. Besides the improvement …
Persistent link: https://www.econbiz.de/10010663714
The creation of EMU raises the question whether the common monetary policy has the same impact in all member countries. We analyse the convergence of interest rates in four major EMU countries from 1999 to 2007. We suggest to test the convergence of the interest rates with the full term...
Persistent link: https://www.econbiz.de/10008755247