Borsi, Mihály Tamás; Metiu, Norbert - Deutsche Bundesbank - 2013
convergence in the EU, however, we identify subgroups that converge to different steady states using an iterative testing …This paper investigates economic convergence in real income per capita between 27 European Union countries. We employ a … important insights on the economic catch-up exhibited by the new EU members in light of the institutional changes and …