financial integration contributed to explain CA deterioration in the peripheral countries especially in the post-EMU period. The …

groups, financial integration contributed to explain CA deterioration in the peripheral countries especially in the post-EMU …

have negatively influenced the CA balance in the peripheral countries especially in the post EMU period. …

The European Monetary Union (EMU) has been the single most important policy-induced innovation in the international … financial system since the collapse of the Bretton-Woods system. By eliminating exchange rate risk, EMU has eliminated a key …

European treaty. Moreover, as long as the distance to the core of the EMU countries is still large, real convergence criteria …

European treaty. Moreover, as long as the distance to the core of the EMU countries is still large, real convergence criteria …

European treaty. Moreover, as long as the distance to the core of the EMU countries is still large, real convergence criteria …

have converged at faster rate than those of NON EMU countries. This outcome can be interpreted as a combination of the … significantly increased after EMU inception, pointing toward an exclusive role for convergence in investment barriers. …

have converged at faster rate than those of NON EMU countries. This outcome can be interpreted as a combination of the … significantly increased after EMU inception, pointing toward an exclusive role for convergence in investment barriers. …

have converged at faster rate than those of NON EMU countries. This outcome can be interpreted as a combination of the … significantly increased after EMU inception, pointing toward an exclusive role for convergence in investment barriers. …