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to which convergence has occurred. To investigate the underlying causes of the changes in inequality, the Theil … convergence of employment‐population ratios across regions. Research limitations/implications – The paper argues that national … European regions. Originality/value – This paper's main contribution is to highlight how national convergence can lead to …
Persistent link: https://www.econbiz.de/10014863352
Uses a specially constructed data set to present new evidence on the convergence performance of Ireland among European … convergence occurred among the EU 12 over the period. Ireland did exhibit catch‐up on the EU average. However, Ireland …’s convergence performance becomes distinctly less favourable if adjustments are made for the increase in net factor outflows during …
Persistent link: https://www.econbiz.de/10014863501
The European Union project is strongly challenged today by the historical decision of United Kingdom’s citizens to exit from this structure, with all consequences assumed. United Kingdom will be the first nation that will quit this ambitious initiative and the decision is transmitted by the...
Persistent link: https://www.econbiz.de/10011569484
in the analysis of the convergence process of European Union (EU15) regions by systematically applying a method to … results suggest that convergence pattern of EU regions depends on the spatial scale of analysis and that convergence occurs …
Persistent link: https://www.econbiz.de/10011543405
We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU …
Persistent link: https://www.econbiz.de/10010518130
The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from … accession countries, claiming that monetary integration is optimal. Indicators are developed which measure convergence and … benefits from monetary integration. The more serious problem is a lack of convergence which could imply serious risks during …
Persistent link: https://www.econbiz.de/10011490871
The optimal currency for a country is an important topic. While it is difficult to identify the best option overall …: Which currency is best for business in a small country? Several kinds of currencies are discussed and three criteria that … in a small country seems to be a currency board with a fixed exchange rate that can be adapted in case of a crisis. A …
Persistent link: https://www.econbiz.de/10011695417
the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency …-importer transactions, but also for aggregate variables such as the average price, the average choice of invoicing currency, and the … correlation between invoicing currency and the size of trade transactions. …
Persistent link: https://www.econbiz.de/10010294944
currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10010296364
The breakdown of the Argentine currency board in early 2002 produced a number of obituaries that often quite rashly …. Contrary to such rather one-sided negative ascriptions to the currency board system, the intention of this paper is to give a … comprehensive and balanced description of the currency board model in theory, as well as to name its functioning conditions under …
Persistent link: https://www.econbiz.de/10010300062