Real Convergence in the European Union

Over the next couple of years, the European Union will face a difficult stage, being confronted with the eventual transition to a monetary union. In the beginning of 1997, it is less clear than ever, if and when the European Monetary Union will eventually be realized, which countries will join in th...

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Kaituhi matua: Schmidt, Christian
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I whakaputaina: Peter Lang International Academic Publishers 2021
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author Schmidt, Christian
author_browse Schmidt, Christian
author_facet Schmidt, Christian
author_sort Schmidt, Christian
collection Directory of Open Access Books
description Over the next couple of years, the European Union will face a difficult stage, being confronted with the eventual transition to a monetary union. In the beginning of 1997, it is less clear than ever, if and when the European Monetary Union will eventually be realized, which countries will join in this process, and which countries will benefit from monetary union or are likely to loose out. Using econometric methods, the work attempts to assess the real economic effects of the European Monetary Union. In a first step, differences in labor and goods market adjustment processes between the fifteen member states of the European Union, the United States and Canada are studied in order to evaluate the short-term prospects of monetary union. Turning to the long-run effects, within a second step, convergence of living standards is assessed.
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spelling doab-20.500.12854ir-282302025-07-21T15:58:26Z Real Convergence in the European Union Schmidt, Christian Analysis Convergence Empirical European Real Schmidt Union thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth Over the next couple of years, the European Union will face a difficult stage, being confronted with the eventual transition to a monetary union. In the beginning of 1997, it is less clear than ever, if and when the European Monetary Union will eventually be realized, which countries will join in this process, and which countries will benefit from monetary union or are likely to loose out. Using econometric methods, the work attempts to assess the real economic effects of the European Monetary Union. In a first step, differences in labor and goods market adjustment processes between the fifteen member states of the European Union, the United States and Canada are studied in order to evaluate the short-term prospects of monetary union. Turning to the long-run effects, within a second step, convergence of living standards is assessed. 2021-02-10T12:58:18Z 2019-01-10 23:55 2018-12-01 23:55:55 2020-01-13 14:45:48 2020-04-01T11:41:22Z 2018 book 1002929 OCN: 1083019910 http://library.oapen.org/handle/20.500.12657/27098 9783631750056 https://directory.doabooks.org/handle/20.500.12854/28230 eng Schriften zur Wirtschaftstheorie und Wirtschaftspolitik open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/27098/1/1002929.pdf https://library.oapen.org/bitstream/20.500.12657/27098/1/1002929.pdf https://library.oapen.org/bitstream/20.500.12657/27098/1/1002929.pdf https://library.oapen.org/bitstream/20.500.12657/27098/1/1002929.pdf https://library.oapen.org/bitstream/20.500.12657/27098/1/1002929.pdf Peter Lang International Academic Publishers 10.3726/b13565 10.3726/b13565 44a712f0-ee17-4c08-a667-46effed595e7 9783631750056 172 Bern open access
spellingShingle Analysis
Convergence
Empirical
European
Real
Schmidt
Union
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
Schmidt, Christian
Real Convergence in the European Union
title Real Convergence in the European Union
title_full Real Convergence in the European Union
title_fullStr Real Convergence in the European Union
title_full_unstemmed Real Convergence in the European Union
title_short Real Convergence in the European Union
title_sort real convergence in the european union
topic Analysis
Convergence
Empirical
European
Real
Schmidt
Union
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
topic_facet Analysis
Convergence
Empirical
European
Real
Schmidt
Union
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
url 1002929
work_keys_str_mv AT schmidtchristian realconvergenceintheeuropeanunion