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Germany
European Central Bank (ECB)
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sustainable economic convergence, real convergence, nominal convergence, GDP per capita, Maastricht convergence criteria, institutional quality, labour productivity, total factor productivity, Five Presidents’ Report, Reflection Paper on the Deepening of EMU
Growth, production function
real wage flexibility, bargaining institutions, central and eastern Europe, euro area, panel heterogeneity
Currency crisis, Contagion, Exchange market pressure, Extreme value theory, Macroeconomic imbalances