narrower with the Euro than before. We observe Sigma and Beta convergence, i.e. prices do not differ systematically between …Analyzing prices of truly homogenous consumer goods sold in Euroland, we find significant price convergence after the … Euro cash changeover in 2002. The deviation of national log prices from the mean log price of the same product is much …

If price levels are initially different across the euro area, convergence to a common level of prices would imply that … between 1990 and 1999 prices did become less dispersed in the euro area. Convergence is especially evident for traded goods … euro area is now close to that across U.S. cities. Despite an on-going process of convergence, deviations from the law of …

convergence clusters can be identified but they are unrelated to EMU membership. -- Price convergence ; LOP ; euro introduction …The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states … economically significant deviations from the LOP emerge. Log t tests firmly reject price convergence among EMU countries. Small …

The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states … economically significant deviations from the LOP emerge. Log t tests firmly reject price convergence among EMU countries. Small … convergence clusters can be identified but they are unrelated to EMU membership …

convergence. Finally, after showing that prices in likely next-round entrants into the euro zone are well below prices in Western …In light of 50 years of economic policies designed to integrate Europe - culminating in the elimination of euro zone …, most of which took place between 1991 and 1994. The level of traded goods price dispersion in the euro area is now quite …

The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states … economically significant deviations from the LOP emerge. Log t tests firmly reject price convergence among EMU countries. Small … convergence clusters can be identified but they are unrelated to EMU membership …

The purpose of this paper is to estimate the specific impact of the introduction of the euro on Italian consumer … inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical …

This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on the … inflation in the euro zone, dividing the sample in two groups of countries: core and periphery. Then we test if the euro …-deutschmark polarization phenomenon studying the intra-euro area differences in exchange rate pass-through (ERPT), as an important element of …

. In the longer run, euro adoption can be expected to foster financial integration, thereby leading to a convergence of …In January 2009, the Slovak Republic will adopt the euro and become the 16th member of the euro area. This paper … investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify …