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Designing Fiscal and Monetary Institutions for a European Monetary Union

Beetsma, Roel; Bovenberg, A Lans - C.E.P.R. Discussion Papers - 1995

EMU increases with convergence of structural and fiscal policies, small money holdings, a conservative European Central …

Persistent link: https://www.econbiz.de/10005792461

Convergence in Provincial-Level South African House Prices: Evidence from the Club Convergence and Clustering Procedure

Apergis, Nicholas; Simo-Kengne, Beatrice D.; Gupta, Rangan - Department of Economics, Faculty of Economic and … - 2013

convergence and clustering procedure of Phillips and Sul (2007). Using quarterly data covering the period of 1974Q1 to 2012Q4 … provinces do not form a homogeneous convergence club. In particular, the aggregate housing market supports the presence of three … convergence clubs with the tendency of provinces to converge or diverge varying across subsequent segments. Unlike the middle …

Persistent link: https://www.econbiz.de/10010764582

Convergence in U.S. house prices by state: evidence from the club convergence and clustering procedure

Apergis, Nicholas; Payne, James - In: Letters in Spatial and Resource Sciences 5 (2012) 2, pp. 103-111

Persistent link: https://www.econbiz.de/10010557919

Accounting standards convergence dynamics: International evidence from club convergence and clustering

Apergis, Nicholas; Christou, Christina; Hassapis, Christis - In: Accounting Research Journal 27 (2014), pp. 226-248

Purpose –This paper aims to explore convergence of accounting standards across worldwide adopted measures to … a tendency to act so. Design/methodology/approach –The new panel convergence methodology, developed by Phillips and Sul … attempts to formally measure whether the accounting world exhibits a tendency for accounting standards convergence or whether …

Persistent link: https://www.econbiz.de/10010941817

Structural Convergence Under Reversible and Irreversible Monetary Unification

Beetsma, Roel; Jensen, Henrik - C.E.P.R. Discussion Papers - 1999

the union again later, convergence stops for a while after the high inflation country has joined. With irreversible …

Persistent link: https://www.econbiz.de/10005661930

Structural convergence under reversible and irreversible monetary unification

Beetsma, Roel; Jensen, Henrik - 1999 - This version: February, 1999

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

An Examination of Okun's Law : Evidence from Regional Areas in Greece

Apergis, Nicholas; Rezitis, Anthony N. - 2012

This paper estimates Okun's coefficient for certain regional areas in Greece over the period 1960-1997. Through the Hordic-Prescott filtering anf the band-pass filtering the empirical analysis shows that the coefficient do not exhibits substantial interregional differences, exept for the case of...

Persistent link: https://www.econbiz.de/10014217075

What are the spill-overs from fiscal shocks in Europe?

Giuliodori, Massimo; Beetsma, Roel - 2004

We use a Vector Auto Regression (VAR) analysis to explore the (spill-over) effects of fiscal policy shocks in Europe. To enhance comparability with the existing literature, we first analyse the effects of these shocks at the national level. Here, we employ identification based on Choleski...

Persistent link: https://www.econbiz.de/10009636548

Participation Constraints in Pension Systems

Beetsma, Roel; Romp, Ward - Tinbergen Instituut - 2013

We explore voluntary participation in pension arrangements. Individuals only participate when participation is more attractive than autarky. The bene􀏐it of participation is that risks can be shared with future generations. We apply our analysis to a pay-as-you-go system, a funded system...

Persistent link: https://www.econbiz.de/10011256945

The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research

Beetsma, Roel; Giuliodori, Massimo - In: Journal of Economic Literature 48 (2010) 3, pp. 603-41

This article provides an overview of recent research into the macroeconomic costs and benefits of monetary unification. We are primarily interested in Europe's monetary union. Given that unification entails the loss of a policy instrument, its potential benefits have to be found elsewhere....

Persistent link: https://www.econbiz.de/10008680885