Patterns of Convergence and Divergence in the Euro Area / Ángel Estrada, Jordi Galí, David López-Salido.

Format:

Book

Author/Creator:

Estrada, Ángel.

Contributor:

National Bureau of Economic Research.

Galí, Jordi.

López-Salido, David.

Series:

Working Paper Series (National Bureau of Economic Research) no. w19561.

NBER working paper series no. w19561

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2013.

Summary:

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

Notes:

Print version record

October 2013.