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-- EU enlargement ; price convergence ; catching up and competition …
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In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to …
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analysis in the new Member States of the European Union (EU) is conducted using panel cointegration methods. A well … euro exchange rate. The present analysis is of importance for the new EU Member States as they are expected to join in the …
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Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run money demand function. The equation appears to be increasingly unstable if more recent data are used. If the link between money balances and...
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