Patterns of Convergence and Divergence in the Euro Area

被引：0

作者：

Ángel Estrada

Jordi Galí

David López-Salido

机构：

来源：

IMF Economic Review | 2013年 / 61卷

关键词：

E24; F31; O47;

D O I：

暂无

中图分类号：

学科分类号：

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

页码：601 / 630

页数：29

共 15 条

[1]

Alesina A(2002)Currency Unions Quarterly Journal of Economics 117 409-36

[2]

Barro RJ(2005)One Market, One Money, One Price? Price Dispersion in the European Union International Journal of Central Banking 1 73-116

[3]

Allington NFB(2007)Adjustment within the Euro. The Difficult Case of Portugal Portuguese Economic Journal 6 1-21

[4]

Kattuman PA(2004)European Market Integration after the Euro Economic Policy 19 347-84

[5]

Waldmann FA(2010)What Lies Beneath the Euro’s Effect on Financial Integration? Currency Risk, Legal Harmonization or Trade? Journal of International Economics 81 75-88

[6]

Blanchard O(2006)The Real Effects of European Monetary Union Journal of Economic Perspectives 20 47-66

[7]

Engel C(1961)A Theory of Optimum Currency Areas American Economic Review 51 657-65

[8]

Rogers JH(2010)Currency Unions in Prospect and Retrospect Annual Review of Economics 2 51-74

[9]

Kalemli-Ozcan S(undefined)undefined undefined undefined undefined-undefined

[10]

Papaioannou E(undefined)undefined undefined undefined undefined-undefined

← 1 2 →