Patterns of Convergence and Divergence in the Euro Area

We study the extent of macroeconomic convergence/divergence among euro area countries. Our analysis focuses on four variables (unemployment, inflation, relative prices and the current account), and seeks to uncover the role played by monetary union as a convergence factor by using non-euro developed economies and the pre-EMU period as control samples

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Year of publication:	2013-10
Authors:	Gali, Jordi ; Lopez-Salido, J. David ; Estrada, Ángel
Institutions:	National Bureau of Economic Research (NBER)

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Extent:	application/pdf
Series:	NBER Working Papers.
Type of publication:	Book / Working Paper
Notes:	EFG IFM ME The price is Paper copy available by mail Number 19561
Classification:	E24 - Employment; Unemployment; Wages ; F31 - Foreign Exchange ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010969299