Díaz del Hoyo, Juan L.; Dorrucci, Ettore; Heinz, … - 2017
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with … driving real convergence in the euro area over time, alongside other factors; and (ii) the crucial interaction of real … convergence. We conclude that it is critical that the euro area countries facing convergence challenges enhance the resilience of …