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The euro and price convergence in Central and Eastern Europe

Accepted version
Peer-reviewed

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Authors

Lurka, F 

Abstract

We examine the effect of the adoption of the Euro by Central and Eastern European countries, on the convergence of their prices vis-à-vis the Eurozone. Allowing for staggered adoption, we estimate the Euro treatment effect using a difference-in-differences approach. We find strong and robust, positive convergence effects, albeit with some heterogeneity.

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Journal Title

International Journal of Central Banking

Conference Name

Journal ISSN

1815-4654
1815-7556

Volume Title

Publisher

Association of the International Journal of Central Banking

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All rights reserved