Patterns of Convergence and Divergence in the Euro Area

J. David López-Salido, Angel Estrada and Jordi Galí
Authors registered in the RePEc Author Service: Jordi Galí and J. David Lopez-Salido

No 722, Working Papers from Barcelona School of Economics

Abstract: We study the extent of macroeconomic convergence/divergence among euro area countries. Our 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 non-euro developed economies and the pre-EMU period as control samples.

Keywords: labor markets; inflation differentials; macroeconomic convergence; competitiveness; current account imbalances; relative prices (search for similar items in EconPapers)
JEL-codes: E24 F31 O47 (search for similar items in EconPapers)
Date: 2015-09
New Economics Papers: this item is included in nep-eec, nep-mac, nep-mon and nep-opm
References: Add references at CitEc
Citations: View citations in EconPapers (62)

Downloads: (external link)
https://bw.bse.eu/wp-content/uploads/2015/09/722-file.pdf (application/pdf)

Related works:
Journal Article: Patterns of Convergence and Divergence in the Euro Area (2013)
Working Paper: Patterns of convergence and Divergence in the Euro Area (2013)
Working Paper: Patterns of Convergence and Divergence in the Euro Area (2013)
Working Paper: Patterns of convergence and divergence in the euro area (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bge:wpaper:722

Access Statistics for this paper

More papers in Working Papers from Barcelona School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Bruno Guallar ().