Against the background of the introduction of the euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of GDP growth. Indeed, there is no consensus among economists regarding the effects of monetary union, which can lead either to more specialisation as in the United States, or to increasing intra-industry trade, hence higher co-movements. Based on a set of original papers produced by a team of economists from the three main National Central Banks of the euro area, presented to an International Conference held in Paris as well as the contributions of...
Against the background of the introduction of the euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of G...
During the recent recession, housing markets were often mentioned as having a special responsibility. "Housing Markets in Europe" sheds light on the cyclical behaviour of the housing markets, its fundamental determinants of supply and demand characteristics, and its relationship with the overall business cycle.
During the recent recession, housing markets were often mentioned as having a special responsibility. "Housing Markets in Europe" sheds light on the c...
Against the background of the introduction of the euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of GDP growth. Indeed, there is no consensus among economists regarding the effects of monetary union, which can lead either to more specialisation as in the United States, or to increasing intra-industry trade, hence higher co-movements. Based on a set of original papers produced by a team of economists from the three main National Central Banks of the euro area, presented to an International Conference held in Paris as well as the contributions of...
Against the background of the introduction of the euro in 1999, France, Germany and Italy have recently experienced higher divergence in terms of G...