03025oam 2200673 c 450 991029703900332120240525094506.09783631750056363175005610.3726/b13565(CKB)4100000007277010(OAPEN)1002929(oapen)https://directory.doabooks.org/handle/20.500.12854/28230(PH02)9783631750056(MiAaPQ)EBC31850403(Au-PeEL)EBL31850403(EXLCZ)99410000000727701020240525h20181998 uy 0engurnnunnnannuutxtrdacontentcrdamediacrrdacarrierReal Convergence in the European UnionAn Empirical AnalysisThomas Straubhaar, Christian Schmidt1st, New ed.Frankfurt a.MPH0220182018, c19981 online resource (172 p.), EPDFSchriften zur Wirtschaftstheorie und Wirtschaftspolitik8Peter Lang GmbH, Internationaler Verlag der Wissenschaften9783631321225 3631321228 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.Schriften Zur Wirtschaftstheorie und Wirtschaftspolitik SeriesSchriften zur Wirtschaftstheorie und Wirtschaftspolitik vol. 8Real Convergence in the European UnionEconomic theory & philosophybicsscMonetary economicsbicsscEconomic growthbicsscEuropean Union countriesEconomic integrationEconometric modelsAnalysisConvergenceEmpiricalEuropeanRealSchmidtUnionEconomic theory & philosophyMonetary economicsEconomic growthSchmidt Christianaut361359Straubhaar ThomasedtSchmidt ChristianautPH02PH02BOOK9910297039003321Real Convergence in the European Union4175426UNINA