[
Allington, N. F., Kattuman, P. A., Waldmann, F. A. 2005. One market, one money, one price?. Int. J. Cent. Bank 1 (3). https://doi.org/10.2139/ssrn.63358110.2139/ssrn.633581
]Search in Google Scholar
[
Arčabić, V. 2018. Fiscal Convergence and Sustainability in the European Union. Public Sector Economics 42 (4):353-380. https://doi.org/10.3326/pse.42.4.110.3326/pse.42.4.1
]Search in Google Scholar
[
Bayoumi, T., Eichengreen, B., 1993. Shocking aspects of European monetary integration. In: Giavazzi, F., Torres, F. (Eds.), Adjustment and Growth in the European Monetary Union. Cambridge University Press.10.3386/w3949
]Search in Google Scholar
[
Bergin, P. R., Glick, R. 2007. Global price dispersion: are prices converging or diverging?. J. Int. Money Financ. 26 (5):703–729. https://doi.org/10.1016/j.jimonfin.2007.04.00710.1016/j.jimonfin.2007.04.007
]Search in Google Scholar
[
Bernard, A. B., Durlauf, S. N. 1995. Convergence in international output. Journal of applied econometrics 10 (2):97-108. https://doi.org/10.1002/jae.395010020210.1002/jae.3950100202
]Search in Google Scholar
[
Camarero, M., Esteve, V., Tamarit, C. 2000. Price convergence of peripheral European countries on the way to the EMU: A time series approach. Empirical Economics 25:149-168. https://doi.org/10.1007/s00181005000810.1007/s001810050008
]Search in Google Scholar
[
Campos, N. F., ---amp--- Macchiarelli, C. (2021). The dynamics of core and periphery in the European monetary union: A new approach. Journal of International Money and Finance, 112, 102325. https://doi.org/10.1016/j.jimonfin.2020.10232510.1016/j.jimonfin.2020.102325
]Search in Google Scholar
[
ECB. 2012. Euro area labour markets and the crisis. Occasional Paper series No. 138.
]Search in Google Scholar
[
Engel, C., Rogers, J. H. 2001. Deviations from the purchasing power parity: Causes and welfare costs. Journal of International Economics 55:29–57. https://doi.org/10.1016/s0022-1996(01)00094-010.1016/S0022-1996(01)00094-0
]Search in Google Scholar
[
Engel, C., Rogers, J. H. 2004. European product market integration after the euro. Economic Policy 19 (39):348-384. https://doi.org/10.1111/j.1468-0327.2004.00126.x10.1111/j.1468-0327.2004.00126.x
]Search in Google Scholar
[
Estrada, A., Galí, J., López-Salido, D. 2013. Patterns of Convergence and Divergence in the Euro Area IMF Economic Review Vol. 61:601–630. https://doi.org/10.1057/imfer.2013.2210.1057/imfer.2013.22
]Search in Google Scholar
[
Fischer, C. 2012 Price convergence in the EMU? Evidence from micro data. Eur. Econ. Rev. 56 (4):757–776. https://doi.org/10.1016/j.euroecorev.2012.01.00810.1016/j.euroecorev.2012.01.008
]Search in Google Scholar
[
Glushenkova, M., Zachariadis, M. 2014. Law-of-One-Price Deviations Before and After the Euro: The case of Cyprus. Cyprus Econ. Policy Rev. 8 (2):61–85.
]Search in Google Scholar
[
Isgut, I. 2004. Common currencies and market integration across cities: How strong is the link?. In: Monetary Unions and Hard Pegs. Department of Economics, Wesleyan College, Middletown CT. https://doi.org/10.1093/0199271402.003.000810.1093/0199271402.003.0008
]Search in Google Scholar
[
Jarque, C. M., Bera, A. K. 1987. A test for normality of observations and regression residuals. International Statistical Review/Revue Internationale de Statistique, 163-172. https://doi.org/10.2307/140319210.2307/1403192
]Search in Google Scholar
[
Kenen, P. 1969. The Theory of Optimum Currency Areas: An Eclectic View. University of Chicago Press.
]Search in Google Scholar
[
Krugman, P. 2009. How Did Economists Get It So Wrong?. The New York Times Magazine.
]Search in Google Scholar
[
Krugman, P. 2012. Revenge of the Optimum Currency Area. NBER Macroeconomics Annual 2012, Vol. 27. https://doi.org/10.1086/66918810.1086/669188
]Search in Google Scholar
[
Lee, J., Strazicich, M. C. 2003. Minimum LM unit root test with two structural breaks. The Review of Economics and Statistics 85:1082–1089. https://doi.org/10.1162/00346530377281596110.1162/003465303772815961
]Search in Google Scholar
[
Lutz, M. 2004. Price Convergence under EMU? First Estimates. In: Deardorff A.V. (eds) The Past, Present and Future of the European Union. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522862_410.1057/9780230522862_4
]Search in Google Scholar
[
McKinnon R (1963) Optimum Currency Areas. American Economic Review No.53:717-724.
]Search in Google Scholar
[
Meng, M., Lee, J., Payne, J. E. 2016. RALS-LM unit root test with trend breaks and non-normal errors: application to the Prebisch-Singer hypothesis. Studies in Nonlinear Dynamics ---amp--- Econometrics 21 (1):31-45. https://doi.org/10.1515/snde-2016-005010.1515/snde-2016-0050
]Search in Google Scholar
[
Micco A, Stein E, Ordoñez G (2003) The currency union effect on trade: Early evidence from the European Union. Economic Policy: A European Forum 18:315–56. https://doi.org/10.1111/1468-0327.00109_110.1111/1468-0327.00109_1
]Search in Google Scholar
[
Mundell R (1961) A theory of Optimum Currency Areas. The American Economic Review No.51:657-665.
]Search in Google Scholar
[
Nikolsko-Rzhevskyy, A., Ogrokhina, O. 2018. Behavior of retail prices in common currency areas: The case of the Eurozone. Economic Modelling 69: 49-57. https://doi.org/10.1016/j.econmod.2017.09.00510.1016/j.econmod.2017.09.005
]Search in Google Scholar
[
Ogrokhina, O. 2015. Market integration and price convergence in the European Union. J. Int. Money Financ 56 (C):55–74. https://doi.org/10.1016/j.jimonfin.2015.04.00410.1016/j.jimonfin.2015.04.004
]Search in Google Scholar
[
Parsley, D. C., Wei, S. J. 2001. Limiting Currency Volatility to Stimulate Goods Market Integration. Working Paper No. 8468 (Cambridge, MA, USA: NBER).10.3386/w8468
]Search in Google Scholar
[
Parsley, D., Wei, S. J. 2008. In search of a euro effect: big lessons from a Big Mac Meal?. J. Int. Money Financ. 27 (2):260–276. https://doi.org/10.1016/j.jimonfin.2007.12.00810.1016/j.jimonfin.2007.12.008
]Search in Google Scholar
[
Perron, P. 1989. The great crash, the oil price shock, and the unit root hypothesis. Econometrica: J. Econ. Soci. 1361-1401. https://doi.org/10.2307/191371210.2307/1913712
]Search in Google Scholar
[
Pesaran, M. H. 2007. A pair-wise approach to testing for output and growth convergence. Journal of Econometrics 138 (1):312-355. https://doi.org/10.1016/j.jeconom.2006.05.02410.1016/j.jeconom.2006.05.024
]Search in Google Scholar
[
Padilla, L. 2020. Can monetary integration improve productivity? Empirical evidence of Eurozone. South East European Journal of Economics and Business 15 (2): 57-69. https://doi.org/10.2478/jeb-2020-001510.2478/jeb-2020-0015
]Search in Google Scholar
[
Raguž Krištić, I., Rogić Dumančić, L., Arčabić, V. 2019. Persistence and stochastic convergence of euro area unemployment rates. Economic Modelling 76:192-198. https://doi.org/10.1016/j.econmod.2018.07.03210.1016/j.econmod.2018.07.032
]Search in Google Scholar
[
Rose, A. K. 2016. Why do estimates of the EMU effect on trade vary so much?. Open Econ. Rev. 1–18. https://doi.org/10.1007/s11079-016-9420-110.1007/s11079-016-9420-1
]Search in Google Scholar
[
Tica, J., Šikić, L. 2019. Endogenous Convergence and International Technological Diffusion Channels. South East European Journal of Economics and Business 14 (2): 34-53. https://doi.org/10.2478/jeb-2019-001210.2478/jeb-2019-0012
]Search in Google Scholar
[
Wolszczak-Derlacz, J. 2010. Does One Currency Mean One Price? An Analysis of the Euro Effect on Price Dispersion and Convergence. Eastern European Economics 48 (2):87-114. https://doi.org/10.2753/eee0012-877548020610.2753/EEE0012-8775480206
]Search in Google Scholar