convergence, and a carefully estimated econometric model of lagged adjustment confirms this. On average, a 1% decrease in the per … transition country by 0.7%. There are differences in the rate of convergence across countries, and these depend on two parameters … fastest convergence rates given these parameters are the Czech Republic, Bulgaria, Croatia and Turkey. The forecast values for …

particular emphasis on the impact of productivity convergence and effects of timing of trade and financial liberalization on the … convergence patterns. We compare the mechanisms behind the three investment margins (horizontal investment to new varieties …

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …

-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …, while achieving regional redistribution, seem to impede output growth and promote an “immiserising convergence”: output …

attitudes, using surveys from the Finnish Business and Policy Forum, and find that there has been a strong regional convergence … analysis. On the other hand, we do not find a significant convergence with respect to the attitude towards immigration. …

performance to indicators of cost, regulation and investment into future growth. The convergence process is different in speed … than in the EU. Convergence had been strong in the sixties, disappointing and very different for the three countries in the …

analysis of some business cycle similarity and convergence measures using different indicators and detrending techniques …. The results indicate continuing convergence of the business cycle similarity between the candidate and Eurozone member …