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This paper models the behaviour of a potential entrant into a monetary union where there is an inflation entry condition. In addition to making a monetary policy decision during a qualifying period, the potential entrant must make a decision about structural reform. The paper shows that the...
Persistent link: https://www.econbiz.de/10011536779
the union again later, convergence stops for a while after the high inflation country has joined. With irreversible …
Persistent link: https://www.econbiz.de/10011537161
capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD …
Persistent link: https://www.econbiz.de/10011537553
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
Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a … estimate a typology of the convergence process in the European area. Taking into account the existing differences among sectors … the strategies oriented to achieve a real convergence in EU and further in Adriatic-Balkans region. In this way, we can …
Persistent link: https://www.econbiz.de/10011548145
We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU …
Persistent link: https://www.econbiz.de/10010518130
This paper provides comparative analysis of the proximate causes of growth of South East European, Central European and Former Soviet Union countries. The first section covers comparative sources of growth analysis for GDP. Apart from this conventional sources-of-growth analysis, both the demand...
Persistent link: https://www.econbiz.de/10010434175
over time. It examines the hypothesis of convergence for regional unemployment rates of western German Federal States and … the time period 1968 to 2009 following different concepts of convergence. Western German regional unemployment rates … exhibit beta-convergence but no sigma-convergence. Further, regional unemployment rates show a high degree of intra …
Persistent link: https://www.econbiz.de/10010484764
This postdoctoral research aimed to highlight sustainability convergence criteria in the context of financialisation … the pace of real convergence. …
Persistent link: https://www.econbiz.de/10010529061
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …
Persistent link: https://www.econbiz.de/10010529078