Patterns of Convergence and Divergence in the Euro Area

被引:33
|
作者
Estrada, Angel
Gali, Jordi [1 ,2 ]
Lopez-Salido, David
机构
[1] Univ Pompeu Fabra, CREI, Barcelona, Spain
[2] Barcelona Grad Sch Econ, Barcelona, Spain
关键词
CURRENCY UNIONS;
D O I
10.1057/imfer.2013.22
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This article studies the extent of macroeconomic convergence/divergence among euro area countries. The analysis focuses on four variables (unemployment, inflation, relative prices, and the current account), and seeks to uncover the role played by monetary union as a convergence factor by using noneuro developed economies and the pre-European Monetary Union period as control samples.
引用
收藏
页码:601 / 630
页数:30
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