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To date, there has been little investigation of the impact of seasonal adjustment on the detection of business cycle expansion and recession regimes. We study this question both analytically and through Monte Carlo simulations. Analytically, we view the occurrence of a single business cycle...
Persistent link: https://www.econbiz.de/10009639411
Dieser Text bietet einen historischen und gegenwärtigen Überblick über die EU-Erweiterung.
Persistent link: https://www.econbiz.de/10009636696
Persistent link: https://www.econbiz.de/10009636961
In a cross section of OECD countries we replace the macroeconomic production function by a production possibility frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods 1970, 1980, 1990, 2000, one output: GDP per worker; three...
Persistent link: https://www.econbiz.de/10009640405
Estonia with the EU-15 and the former accession countries. It gives an overview of the nominal convergence according to the … rules laid down by EC Treaty on EMU convergence criteria. In the context of real convergence the set of criteria provided by …
Persistent link: https://www.econbiz.de/10009636773
. Convergence occurred in two spells, in 1960u009673 and 1986u00962001, with an interim period of stagnation. In this paper, we … analyse both s and b convergence and discuss the impact of EU membership, trade and investment. We also analyse how seven … growth in the accession countries. Still, the experience of the EU15 countries shows that convergence cannot be taken for …
Persistent link: https://www.econbiz.de/10009636868
Persistent link: https://www.econbiz.de/10009698435
The 2005 update of the Danish convergence programme, covering the period up to 2010, was submitted to the Commission on … broadly follows the model structure for stability and convergence programmes specified in the new code of conduct. …
Persistent link: https://www.econbiz.de/10011902409