Badarau-Semenescu, C.; Gregoriadis, N. - In: Journal of Economic Integration 24 (2009), pp. 408-434
national divergences. In this paper, we wonder, at a theoretical level, about the social loss associated with such a … preserve price stability for the union as a whole, and she pays full attention to Union-wide inflation and output, neglecting … inflation divergences without being concerned about output divergences in the Union. …