asymmetrische Euro-Regime soll Konvergenz durch eine strukturelle Transformation der politischen Ökonomien des Südens erzwingen … zu einer Transferunion wird politisch kaum durchzuhalten sein, aber die Folge wäre eine dauerhafte Dominanz der …. The asymmetric euro regime is meant to achieve convergence through the enforced structural transformation of Southern …

Germany including stock returns, inflation rates and growth rates of gross domestic production, it turns out that the proxy …

put them in contrast to the cyclical performance of the new members of the EU and other OECD countries. We use the … methodology put forward in Crespo-Cuaresma and Fernández-Amador (2010), which makes use of sigma-convergence methods to identify … during the end of the 80s and the beginning of the 90s. The new EU members have also experienced a strong pattern of …

order to evaluate the patterns of cyclical convergence in the European Monetary Union for the period 1960-2008. We identify … significant business cycle divergence taking place in the mid-eighties, followed by a persistent convergence period spanning most … have been diluted within a global cycle since 2004. -- business cycles ; business cycle convergence ; European Monetary …