the nominal convergence triggered by the Maastricht Treaty did not involve a true reduction of structural differences. It …

the nominal convergence triggered by the Maastricht Treaty did not involve a true reduction of structural differences. It …

Several studies have shown evidence of price convergence between countries in the European Union (EU) since the … the coefficient of variation. The results show little evidence of price convergence for non-residential construction for … either country group. This is shown to be in contrast with convergence that is evident in the prices of other product groups …

clear tradeoff between the expected frequency and average duration of ZLB events along the boundary of the convergence …

in terms of GDP growth. The author also provides the speed of convergence and time required to achieve a 100 percent … convergence. Findings – But for financial intermediary size within the CFA zone, findings, for the most part, support only … unconditional convergence. There is no form of convergence within the CEMAC zone. Practical implications – The broad insignificance …

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …