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Nominal Versus Real Convergence with Respect to Emu Accession - Emu Entry Scenarios for the New Member States

De Grauwe, Paul; Schnabl, Gunther - 2005

This paper explores the conflict of real and monetary convergence during the EMU run-up of the Central and Eastern European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability of higher inflation in the new member states. It...

Persistent link: https://www.econbiz.de/10014064076

Nominal versus real convergence: EMU entry scenarios for the new member states

De Grauwe, Paul; Schnabl, Gunther - In: Kyklos : international review for social sciences 58 (2005) 4, pp. 537-555

Persistent link: https://www.econbiz.de/10003208796

Nominal versus real convergence with respect to EMU accession : how to cope with the Balassa-Samuelson dilemma

De Grauwe, Paul (contributor); Schnabl, Gunther (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002415582

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Belke, Ansgar Hubertus - 2009

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...

Persistent link: https://www.econbiz.de/10013154599

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Belke, Ansgar Hubertus - 2009

Persistent link: https://www.econbiz.de/10013155099

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Belke, Ansgar Hubertus; Schnabl, Gunther; Zemanek, Holger - 2021

Persistent link: https://www.econbiz.de/10013316298

Nominal Versus Real Convergence - Emu Entry Scenarios for the New Member States

Grauwe, Paul; Schnabl, Gunther - 2005

This paper explores the conflict of real and monetary convergence during the EMU run-up of the Central and Eastern European member states. Using a Balassa-Samuelson model of productivity driven inflation, we find a high probability of higher inflation in the new member states. We compare the...

Persistent link: https://www.econbiz.de/10014060964

Erweiterung der Eurozone : welche Auswirkungen hat dies auf die europäische Wirtschaft?

Randzio-Plath, Christa; Hefeker, Carsten; Fidrmuc, Jarko - In: Ifo-Schnelldienst 59 (2006) 22, pp. 3-18

wird. Welche Auswirkungen sind von der Erweiterung der Eurozone auf die europäische Wirtschaft zu erwarten? Nach Ansicht … der Eurozone den Zusammenhalt und das Zusammenwirken der alten und neuen Mitgliedstaaten positiv beeinflussen. Im Fall … traditionelle Theorie der optimalen Währungsräume zur Bewertung der Osterweiterung der Eurozone beiträgt. Nach Meinung von Gunther …

Persistent link: https://www.econbiz.de/10003392890

Beyond Balassa and Samuelson – Real Convergence, Capital Flows, and Competitiveness in Greece

Belke, Ansgar Hubertus - 2015

We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...

Persistent link: https://www.econbiz.de/10013009831

Beyond Balassa and Samuelson : Real Convergence, Capital Flows, and Competitiveness in Greece

Belke, Ansgar Hubertus - 2015

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...

Persistent link: https://www.econbiz.de/10013012270

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