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Adjustment in EMU : is convergence assured?
Dullien, Sebastian; Fritsche, Ulrich; Größl, Ingrid; … - 2009
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10010425867
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Adjustment in EMU: is convergence assured?
Dullien, Sebastian; Fritsche, Ulrich; Größl, Ingrid; … - 2009
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10003915319
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Wage, price and unemployment dynamics in the Spanish transition to EMU membership
Jusélius, Katarina (contributor);  … - 2008
consumption wages and consumer prices as a result of the Balassa-Samuelson effect should not be allowed to exceed the improvement …
Persistent link: https://www.econbiz.de/10003694166
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Catching-Up and Inflation in Transition Economies : The Balassa-Samuelson Effect Revisited
Mihaljek, Dubravko - 2013
are clearly present and explain around 24% of inflation differentials vis-a-vis the euro area (about 1.2 percentage points … total domestic inflation (about 1.1 percentage points on average). The paper presents mixed evidence on whether the Balassa …
Persistent link: https://www.econbiz.de/10012710836
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Catching-up and inflation in transition economies : the Balassa-Samuelson effect revisited
Mihaljek, Dubravko; Klau, Marc - 2008
Persistent link: https://www.econbiz.de/10003847593
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Catching-up and inflation in the Baltics and Southeastern Europe : the role of the Balassa-Samuelson effect
Mihaljek, Dubravko; Klau, Marc - In: Recent developments in the Baltic countries : what are …, (pp. 59-81). 2009
Persistent link: https://www.econbiz.de/10003895535
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Die neuen EU-Mitglieder in Mittel- und Osteuropa : Stand der Konvergenz wirtschaftspolitische Herausforderungen und mittelfristiger Ausblick
Wiegert, Ralf - In: Das neue Europa : Innovation, Internet, Investition und …, (pp. 137-146). 2006
Persistent link: https://www.econbiz.de/10003444702
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Catching-up and inflation in transition economies : the Balassa-Samuelson effect revisited
Mihaljek, Dubravko; Klau, Marc - In: What drives inflation in the new EU Member States? : …, (pp. 71-92). 2009
Persistent link: https://www.econbiz.de/10003912605
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A model of Europeanisation with and without convergence
Nicolaïdes, Phedon A. - In: Intereconomics : review of European economic policy 45 (2010) 2, pp. 114-121
Persistent link: https://www.econbiz.de/10003953096
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Unidad en la diversidad : políticas macroeconómicas para un crecimiento estable en la Unión Monetaria Europea
González-Páramo, José Manuel; Hernández de Cos, Pablo - In: Papeles de economía española 113 (2007), pp. 2-15
Persistent link: https://www.econbiz.de/10003577195