. In this study we considered two main themes. First, convergence of the current EU-member countries is empirically tested …

alleged inflationary effects of the new currency. In Italy, as in the rest of the euro area, survey-based measures signaled a …

, domestic-currency bond market. Bond holders suffer from inflation and could be a potent anti-inflationary force; I ask whether …

This Paper characterizes the integration patterns of international currency unions (such as the CFA Franc zone and the … East Caribbean Currency Area). We empirically explore different features of currency unions, and compare them both to … countries with sovereign monies, and to regions within nations. We ask: are countries within international currency unions as …

This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U …

According to the ‘convergence hypothesis’, multinational companies will tend to displace national firms and trade as … measures are then used to test the convergence hypothesis for a panel of data of country pairs over the years 1985-96. Our … results provide some empirical support for the convergence hypothesis. …

countries. Moreover, it does not necessarily yield convergence in levels for identically parameterized economies. All in all …

We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … costs to increase reduces followers' growth rates and thereby generates a pattern of conditional convergence. We discuss how …