Convergence or Divergence in Europe?

Growth and Business Cycles in France, Germany and Italy

Editors: Bandt, Olivier de, Herrmann, Heinz, Parigi, Giuseppe (Eds.)

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eBook $129.00
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  • ISBN 978-3-540-32611-3
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Hardcover $169.00
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  • ISBN 978-3-540-32610-6
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Softcover $169.00
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  • ISBN 978-3-642-06905-5
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About this book

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 panel of leading economists, the book analyses the latest developments in three largest European economies in a broad perspective, using modern econometric techniques. One of the conclusions is that, while business cycles are more strongly correlated across the three countries, as evidenced by the common reaction to the 2001 slowdown, the three countries still exhibit differences in terms of long term growth.

Table of contents (3 chapters)

  • Synchronisation of Cycles: a Demand Side Perspective

    Guido Bulligan

    Pages 187-207

  • Market Shares and Trade Specialisation of France, Germany and Italy

    Alberto Felettigh, Rémy Lecat, Bertrand Pluyaud, et al.

    Pages 291-323

  • Has the Impact of Key Determinants of German Exports Changed?

    Kerstin Stahn

    Pages 361-384

Buy this book

eBook $129.00
price for USA (gross)
  • ISBN 978-3-540-32611-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.00
price for USA
  • ISBN 978-3-540-32610-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.00
price for USA
  • ISBN 978-3-642-06905-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Convergence or Divergence in Europe?
Book Subtitle
Growth and Business Cycles in France, Germany and Italy
Editors
  • Olivier de Bandt
  • Heinz Herrmann
  • Giuseppe Parigi
Copyright
2006
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-32611-3
DOI
10.1007/3-540-32611-1
Hardcover ISBN
978-3-540-32610-6
Softcover ISBN
978-3-642-06905-5
Edition Number
1
Number of Pages
XIII, 384
Topics