Convergence or Divergence in Europe? Growth and Business Cycles in France, Germany and Italy /

• Main Authors: Bandt, Olivier de (Author), Herrmann, Heinz (Author), Parigi, Giuseppe (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2006.
• Subjects: European Economic Community literature.; Economic policy.; Economic growth.; Economics.; European Integration.; Economic Growth.; Economic Policy.

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...