inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2002, 2004) and cluster procedures (Hobijn and …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2002, 2004) and cluster procedures (Hobijn and …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …

indicate the existence of three convergence clubs without strong regional linkages; Italy and Germany are not converging to any …We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of … extremely flexible on order to model a large number of transition paths to convergence. We find regional clusters in consumer …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …