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We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU …
Persistent link: https://www.econbiz.de/10010518130
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...
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societal compromises. And convergence must not necessarily be towards a stronger emphasis on capital markets. …
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issue that arose in Europe in the late 1990s: the importance of financial structure for the convergence of monetary … importance of financial structure and its impact on the convergence of the effects of monetary policy. We find convergence in … convergence of monetary transmission in Europe. …
Persistent link: https://www.econbiz.de/10010293728
We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU …
Persistent link: https://www.econbiz.de/10010301291