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area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … are much less important in explaining the variance of ULC growth. We report evidence for convergence clusters in all …
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This paper examines whether macroeconomic convergence is an automatic outcome of forming a currency union by combining …
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whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the … convergence of monetary policy transmission. …
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whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the … convergence of monetary policy transmission …
Persistent link: https://www.econbiz.de/10013320959
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …
Persistent link: https://www.econbiz.de/10010426361