Borowski, Jakub; Fidrmuc, Jarko; Jaworski, Krystian - In: Empirica 52 (2025) 3, pp. 413-433
This paper studies the impact of real convergence in the EU countries on inflation synchronization between these …-movement. Second, the relationship between real convergence and the inflation synchronization is non-linear. Third, lower income … with stronger inflation synchronization between the EU countries and Eurozone and more effective common monetary policy in …