Figuet, Jean-Marc; Nenovsky, Nikolay - William Davidson Institute, University of Michigan - 2006
to what extent the convergence to the EU stimulates the economic development of these countries. Despite the similarities … nominal, real and financial convergence and synchronization of the economic cycle with that of the European Union (using … unconditional ß convergence approach). Income and price levels, inflation rate, interest rate, monetary aggregates, credit …