We study the price convergence of goods and services in the euro area in 2001-2002. To measure the degree of … convergence, we compare the prices of around 220 items in 32 European cities. The width of the border is the price difference … euro changeover. Moreover, we do not identify an integration effect attributable to the introduction of the euro. We then …

We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption … from expectations of euro adoption will further feed that boom. On the other hand the fact that interest rates have already … converged part way to euro-area levels (and more extensively than in earlier adopters that experienced a sharp fall in rates and …

We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption … from expectations of euro adoption will further feed that boom. On the other hand the fact that interest rates have already … converged part way to euro-area levels (and more extensively than in earlier adopters that experienced a sharp fall in rates and …