Samiei, Hossein; Zenon Kontolemis G. - International Monetary Fund (IMF) - 2000
aligned with those in the euro area in the 1990s (as they would be if the United Kingdom were to join EMU), output growth …In the context of the U.K. government’s EMU entry condition of cyclical convergence, this paper (i) provides further … cycles in the euro-area countries; and (ii) identifies, using a small VAR model, a relatively significant role for monetary …