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How the Maastricht criteria and the Stability and Growth Pact affected real convergence in the European Union: A panel data analysis

✍ Scribed by Elias Soukiazis; Vítor Castro

Book ID
113748046
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
181 KB
Volume
27
Category
Article
ISSN
0161-8938

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This paper investigates the question of whether there exists evidence in support of in¯ation convergence within the European Union. The analysis also focuses on whether the Exchange Rate Mechanism (ERM) helped to accelerate in¯ation convergence in its member countries. The results of this paper are