García Martínez, José Ramón (contributor); … - 2006
figures 1 and 2 we find it advantageous to refer to the EMU countries (EUCON plus Austria, Finland
and Ireland). See Section 4.2 … the previous section, figure 2 relates
the persistence coefficients of the EMU countries with the long-run elasticities of … correlation coefficient only attains 0.28 (which
reduces to 0.21 when the EMU countries are considered).
18
On the contrary, there …