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- W157147751 abstract "The purpose of this paper is to investigate whether convergence is actually occurring within Europe, which groups of countries are converging, and the macroeconomic indicators for which such convergence is apparent. Free trade and a single currency should lead to convergence in rates of inflation, but perhaps not in unemployment rates or in GDP growth. These latter aspects of economic performance are politically important, because the voters become decidedly displeased if unemployment is high and growth slow, as has been the case in France, Germany, and Italy during recent years." @default.
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- W157147751 date "2007-01-01" @default.
- W157147751 modified "2023-09-27" @default.
- W157147751 title "EMU Convergence: Reason for Encouragement. ACES Working Paper (Report) No. 6, 2007" @default.
- W157147751 hasPublicationYear "2007" @default.
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