economic and price level convergence, respectively, refer to the narrowing of the income (productivity) and the price level gap … helps us understand, why net real wages are relatively low in these countries (as compared to their relative level of income/productivity …

-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

can be a driving force in reducing gaps between countries (especially experienced by productivity and income) in order for … level of productive employment in Romania determined mainly by low labour productivity, low wages, high vulnerable … countries, as well as the existence of the highest in-work poverty risk in EU emphasizes the need to accelerate productivity …

Transformation und EU-Integration entwickeln sich in Mittel- und Osteuropa parallel zueinander. Dieses Buch nimmt die …