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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021 …. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly …-driven persistent divergence in growth. Regression results provide further evidence of convergence in the euro area and the EU over the …
Persistent link: https://www.econbiz.de/10014334683
Der seit der Finanzkrise steile Anstieg der Zinsdifferenzen zwischen europäischen Staatsanleihen bringt mehrere … einpreisen. Wir finden, dass die Finanzmärkte in den Jahren vor der Finanzkrise eine recht eingeschränkte Risikowahrnehmung …
Persistent link: https://www.econbiz.de/10011602283
societal compromises. And convergence must not necessarily be towards a stronger emphasis on capital markets. …
Persistent link: https://www.econbiz.de/10012054626
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Ziel des Europäischen Verfahrens zur Vermeidung und Korrektur makroökonomischer Ungleichgewichte ist es, gesamtwirtschaftliche Fehlentwicklungen in der EU und im Euroraum frühzeitig zu erkennen und zu korrigieren. Wie sind die bisherigen Erfahrungen mit diesem Prozess und wie kann er noch...
Persistent link: https://www.econbiz.de/10011617630
; others have developed in a path-dependent way as the Eurozone has evolved. …
Persistent link: https://www.econbiz.de/10011708733
This study aims to examine the determinants of the MIR interest rate in the Euro area for the period 2003Q1-2015Q3. By employing Fixed and Random Effects as econometric methodologies, I examine whether the MIR rate is affected by the following macroeconomic factors: unemployment rate, inflation...
Persistent link: https://www.econbiz.de/10014558537
Closing the prosperity gap between regions has always been a key political aspiration of the European Union - and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How...
Persistent link: https://www.econbiz.de/10014334691