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towards Western European countries (EU15) in years 1995-2016. Additionally, the paper aims to show the interaction between …10 and EU15 countries were developing in accordance with the convergence hypothesis. The impact of economic integration … on convergence was confirmed as well as the dependence of growth from the business environment in EU10. The added value …
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This study specifies and applies a gravity model to provide empirical evidence on determinants of emigration from Turkey to 31 destination European countries over the period between 1960 and 2013. Results under alternative estimation strategies show that economic, demographic and cultural...
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This paper attempts to identify implicit exchange-rate regimes for currencies of candidate countries vis-à-vis the euro. To that end, we apply three sequential procedures that consider the dynamics of exchange rates to data covering the period from 1999:01 to 2012:12. Our results would suggest...
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We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and heterogeneity between the countries....
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