Lee, Kang-Soek; Mercurelli, Franceline - In: Journal of Economic Integration 29 (2014), pp. 20-63
A lack of economic convergence among euro member countries seems to be feeding euro-skepticism. Using a Structural Vector Auto Regression model combined with a time varying correlation analysis, we attempt to test the endogeneity theory for the three core euro members, i.e., France, Germany, and...