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Paper eres2015_216:
Economic convergence in the EU and its impact on property markets

id eres2015_216
authors Rebitzer, Dieter; Mark Renz; Paolo Colucci
year 2015
title Economic convergence in the EU and its impact on property markets
source 22nd Annual European Real Estate Society Conference in Istanbul, Turkey
summary Since the Euro-crisis the cohesion and economic convergence within the EU are questioned from what we derived our exploratory question: “Is there a convergence between the members-states (EU-15) or not?” This will be evaluated within the framework of an empirical analysis. In the first part of our paper we are examining convergence terms and definitions (absolute-, β- and σ- convergence) and their demarcations. Households, companies and nation-states are considered. In the following Gossen’s Law, the Solow model and the principle of subsidiarity are outlined and explained. On this foundation a comparison of the convergence and divergence theories in reality will be drawn.
keywords economic convergence, crisis
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
session Market Research, Analysis & Forecasting
last changed 2015/07/08 18:06
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