Convergence or Divergence in Europe?

General Conclusions.- Measuring Cyclical Comovements and Asymmetries in Growth and Business Cycles.- Supply-side Developments.- Cyclical Patterns in Main Components of Aggregate Demand.- Convergence and Divergence in External Trade.- Panel Discussion.- Measuring Cycles.- Tracking the Economy in the Largest Euro Area Countries: a Large Datasets Approach.- Assessing Aggregate Comovements in France, Germany and Italy Using a Non Stationary Factor Model of the Euro Area.- Supply Side.- Capital, Labour and Productivity: What Role Do They Play in the Potential GDP Weakness of France, Germany and Italy?.- Estimating Potential Output with a Production Function for France, Germany and Italy.- Demand Side.- Synchronisation of Cycles: a Demand Side Perspective.- Short-Run and Long-Run Comovement of GDP and Some Expenditure Aggregates in Germany, France and Italy.- Synchronization of Responses to Cyclical Demand Shocks in France, Germany and Italy: Evidence from Central Banks Macro-models.- External Side.- Market Shares and Trade Specialisation of France, Germany and Italy.- Modelling Imports and Exports of Goods in France, Distinguishing Between Intra and Extra Euro Area Trade.- Has the Impact of Key Determinants of German Exports Changed?.