Analyzing prices of truly homogenous consumer goods sold in Euroland, we find significant price convergence after the … narrower with the Euro than before. We observe Sigma and Beta convergence, i.e. prices do not differ systematically between … countries. Our result is in contrast to some other findings stating divergence rather than convergence but which do not control …

Bootstrap; Europäische Währungsunion; Frühwarnsystem; Makroökonomische Ungleichgewichte; Makroökonomische Überwachung …Bootstrap; Early Warning System; European Monetary Union; Macroeconomic Imbalances; Macroeconomic Surveillance …

the achievement of convergence among potential member states prior to the establishment of a monetary union. We examine … real convergence in per capita output of the Southern African Development Community countries using annual data from 1980 … convergence among the high-income countries. However, after adding successively the middle and low-income countries to the set of …