id	sid	tid	token	lemma	pos
fueconorg-5655	1	1	facta	facta	PROPN
fueconorg-5655	1	2	universitatis	universitatis	PROPN
fueconorg-5655	1	3	series	series	NOUN
fueconorg-5655	1	4	:	:	PUNCT
fueconorg-5655	1	5	economics	economic	NOUN
fueconorg-5655	1	6	and	and	CCONJ
fueconorg-5655	1	7	organization	organization	NOUN
fueconorg-5655	1	8	vol	vol	NOUN
fueconorg-5655	1	9	.	.	PROPN
fueconorg-5655	1	10	17	17	NUM
fueconorg-5655	1	11	,	,	PUNCT
fueconorg-5655	1	12	no	no	DET
fueconorg-5655	1	13	1	1	NUM
fueconorg-5655	1	14	,	,	PUNCT
fueconorg-5655	1	15	2020	2020	NUM
fueconorg-5655	1	16	,	,	PUNCT
fueconorg-5655	1	17	pp	pp	ADV
fueconorg-5655	1	18	.	.	PUNCT
fueconorg-5655	2	1	27	27	NUM
fueconorg-5655	2	2	41	41	NUM
fueconorg-5655	2	3	https://doi.org/10.22190/fueo190914003b	https://doi.org/10.22190/fueo190914003b	PROPN
fueconorg-5655	2	4	©	©	PROPN
fueconorg-5655	2	5	2020	2020	NUM
fueconorg-5655	2	6	by	by	ADP
fueconorg-5655	2	7	university	university	NOUN
fueconorg-5655	2	8	of	of	ADP
fueconorg-5655	2	9	niń	niń	NOUN
fueconorg-5655	2	10	,	,	PUNCT
fueconorg-5655	2	11	serbia	serbia	PROPN
fueconorg-5655	2	12	|	|	ADV
fueconorg-5655	2	13	creative	creative	ADJ
fueconorg-5655	2	14	commons	common	NOUN
fueconorg-5655	2	15	licence	licence	NOUN
fueconorg-5655	2	16	:	:	PUNCT
fueconorg-5655	2	17	cc	cc	VERB
fueconorg-5655	2	18	by	by	ADP
fueconorg-5655	2	19	-	-	PUNCT
fueconorg-5655	2	20	nc	nc	VERB
fueconorg-5655	2	21	-	-	PUNCT
fueconorg-5655	2	22	nd	nd	ADV
fueconorg-5655	2	23	original	original	ADJ
fueconorg-5655	2	24	scientific	scientific	ADJ
fueconorg-5655	2	25	paper	paper	NOUN
fueconorg-5655	2	26	macroeconomic	macroeconomic	ADJ
fueconorg-5655	2	27	divergences	divergence	NOUN
fueconorg-5655	2	28	and	and	CCONJ
fueconorg-5655	2	29	asymmetric	asymmetric	ADJ
fueconorg-5655	2	30	responses	response	NOUN
fueconorg-5655	2	31	within	within	ADP
fueconorg-5655	2	32	the	the	DET
fueconorg-5655	2	33	euro	euro	PROPN
fueconorg-5655	2	34	zone	zone	NOUN
fueconorg-5655	2	35	1	1	NUM
fueconorg-5655	2	36	udc	udc	NOUN
fueconorg-5655	2	37	336.7(4	336.7(4	PROPN
fueconorg-5655	2	38	-	-	PUNCT
fueconorg-5655	2	39	672eu	672eu	NOUN
fueconorg-5655	2	40	)	)	PUNCT
fueconorg-5655	2	41	emilija	emilija	PROPN
fueconorg-5655	2	42	beker	beker	PROPN
fueconorg-5655	2	43	pucar	pucar	NOUN
fueconorg-5655	2	44	,	,	PUNCT
fueconorg-5655	2	45	olgica	olgica	PROPN
fueconorg-5655	2	46	glavaški	glavaški	PROPN
fueconorg-5655	2	47	university	university	PROPN
fueconorg-5655	2	48	of	of	ADP
fueconorg-5655	2	49	novi	novi	PROPN
fueconorg-5655	2	50	sad	sad	PROPN
fueconorg-5655	2	51	,	,	PUNCT
fueconorg-5655	2	52	faculty	faculty	NOUN
fueconorg-5655	2	53	of	of	ADP
fueconorg-5655	2	54	economics	economic	NOUN
fueconorg-5655	2	55	in	in	ADP
fueconorg-5655	2	56	subotica	subotica	PROPN
fueconorg-5655	2	57	,	,	PUNCT
fueconorg-5655	2	58	serbia	serbia	PROPN
fueconorg-5655	2	59	abstract	abstract	ADJ
fueconorg-5655	2	60	.	.	PUNCT
fueconorg-5655	3	1	the	the	DET
fueconorg-5655	3	2	paper	paper	NOUN
fueconorg-5655	3	3	deals	deal	VERB
fueconorg-5655	3	4	with	with	ADP
fueconorg-5655	3	5	the	the	DET
fueconorg-5655	3	6	nominal	nominal	ADJ
fueconorg-5655	3	7	and	and	CCONJ
fueconorg-5655	3	8	real	real	ADJ
fueconorg-5655	3	9	divergences	divergence	NOUN
fueconorg-5655	3	10	within	within	ADP
fueconorg-5655	3	11	the	the	DET
fueconorg-5655	3	12	euro	euro	NOUN
fueconorg-5655	3	13	-	-	PUNCT
fueconorg-5655	3	14	zone	zone	NOUN
fueconorg-5655	3	15	(	(	PUNCT
fueconorg-5655	3	16	ez	ez	PROPN
fueconorg-5655	3	17	)	)	PUNCT
fueconorg-5655	3	18	as	as	ADP
fueconorg-5655	3	19	a	a	DET
fueconorg-5655	3	20	background	background	NOUN
fueconorg-5655	3	21	for	for	ADP
fueconorg-5655	3	22	asymmetric	asymmetric	ADJ
fueconorg-5655	3	23	european	european	PROPN
fueconorg-5655	3	24	central	central	PROPN
fueconorg-5655	3	25	bank	bank	PROPN
fueconorg-5655	3	26	’s	’s	PART
fueconorg-5655	3	27	(	(	PUNCT
fueconorg-5655	3	28	ecb	ecb	NOUN
fueconorg-5655	3	29	’s	’s	PART
fueconorg-5655	3	30	)	)	PUNCT
fueconorg-5655	3	31	monetary	monetary	ADJ
fueconorg-5655	3	32	transmission	transmission	NOUN
fueconorg-5655	3	33	.	.	PUNCT
fueconorg-5655	4	1	in	in	ADP
fueconorg-5655	4	2	order	order	NOUN
fueconorg-5655	4	3	to	to	PART
fueconorg-5655	4	4	shed	shed	VERB
fueconorg-5655	4	5	more	more	ADJ
fueconorg-5655	4	6	light	light	NOUN
fueconorg-5655	4	7	into	into	ADP
fueconorg-5655	4	8	these	these	DET
fueconorg-5655	4	9	issues	issue	NOUN
fueconorg-5655	4	10	,	,	PUNCT
fueconorg-5655	4	11	the	the	DET
fueconorg-5655	4	12	descriptive	descriptive	ADJ
fueconorg-5655	4	13	analysis	analysis	NOUN
fueconorg-5655	4	14	of	of	ADP
fueconorg-5655	4	15	key	key	ADJ
fueconorg-5655	4	16	nominal	nominal	ADJ
fueconorg-5655	4	17	and	and	CCONJ
fueconorg-5655	4	18	real	real	ADJ
fueconorg-5655	4	19	indicators	indicator	NOUN
fueconorg-5655	4	20	confirms	confirm	VERB
fueconorg-5655	4	21	the	the	DET
fueconorg-5655	4	22	core	core	NOUN
fueconorg-5655	4	23	-	-	PUNCT
fueconorg-5655	4	24	periphery	periphery	NOUN
fueconorg-5655	4	25	dichotomy	dichotomy	NOUN
fueconorg-5655	4	26	within	within	ADP
fueconorg-5655	4	27	original	original	ADJ
fueconorg-5655	4	28	ez12	ez12	PROPN
fueconorg-5655	4	29	members	member	NOUN
fueconorg-5655	4	30	,	,	PUNCT
fueconorg-5655	4	31	as	as	ADV
fueconorg-5655	4	32	well	well	ADV
fueconorg-5655	4	33	as	as	ADP
fueconorg-5655	4	34	the	the	DET
fueconorg-5655	4	35	specific	specific	ADJ
fueconorg-5655	4	36	position	position	NOUN
fueconorg-5655	4	37	of	of	ADP
fueconorg-5655	4	38	the	the	DET
fueconorg-5655	4	39	emerging	emerge	VERB
fueconorg-5655	4	40	ez19	ez19	PROPN
fueconorg-5655	4	41	members	member	NOUN
fueconorg-5655	4	42	.	.	PUNCT
fueconorg-5655	5	1	monetary	monetary	ADJ
fueconorg-5655	5	2	(	(	PUNCT
fueconorg-5655	5	3	interest	interest	NOUN
fueconorg-5655	5	4	rate	rate	NOUN
fueconorg-5655	5	5	)	)	PUNCT
fueconorg-5655	5	6	transmission	transmission	NOUN
fueconorg-5655	5	7	is	be	AUX
fueconorg-5655	5	8	explored	explore	VERB
fueconorg-5655	5	9	via	via	ADP
fueconorg-5655	5	10	estimated	estimate	VERB
fueconorg-5655	5	11	vector	vector	NOUN
fueconorg-5655	5	12	autoregression	autoregression	NOUN
fueconorg-5655	5	13	(	(	PUNCT
fueconorg-5655	5	14	var	var	NOUN
fueconorg-5655	5	15	)	)	PUNCT
fueconorg-5655	5	16	model	model	NOUN
fueconorg-5655	5	17	for	for	ADP
fueconorg-5655	5	18	the	the	DET
fueconorg-5655	5	19	representatives	representative	NOUN
fueconorg-5655	5	20	of	of	ADP
fueconorg-5655	5	21	the	the	DET
fueconorg-5655	5	22	core	core	NOUN
fueconorg-5655	5	23	(	(	PUNCT
fueconorg-5655	5	24	germany	germany	PROPN
fueconorg-5655	5	25	,	,	PUNCT
fueconorg-5655	5	26	france	france	PROPN
fueconorg-5655	5	27	,	,	PUNCT
fueconorg-5655	5	28	belgium	belgium	NOUN
fueconorg-5655	5	29	)	)	PUNCT
fueconorg-5655	5	30	,	,	PUNCT
fueconorg-5655	5	31	as	as	ADV
fueconorg-5655	5	32	well	well	ADV
fueconorg-5655	5	33	as	as	ADP
fueconorg-5655	5	34	the	the	DET
fueconorg-5655	5	35	periphery	periphery	NOUN
fueconorg-5655	5	36	(	(	PUNCT
fueconorg-5655	5	37	portugal	portugal	PROPN
fueconorg-5655	5	38	,	,	PUNCT
fueconorg-5655	5	39	spain	spain	PROPN
fueconorg-5655	5	40	and	and	CCONJ
fueconorg-5655	5	41	greece	greece	PROPN
fueconorg-5655	5	42	)	)	PUNCT
fueconorg-5655	5	43	,	,	PUNCT
fueconorg-5655	5	44	in	in	ADP
fueconorg-5655	5	45	the	the	DET
fueconorg-5655	5	46	period	period	NOUN
fueconorg-5655	5	47	1999q1	1999q1	PROPN
fueconorg-5655	5	48	-	-	PUNCT
fueconorg-5655	5	49	2018q4	2018q4	VERB
fueconorg-5655	5	50	.	.	PUNCT
fueconorg-5655	6	1	observing	observe	VERB
fueconorg-5655	6	2	the	the	DET
fueconorg-5655	6	3	transmission	transmission	NOUN
fueconorg-5655	6	4	of	of	ADP
fueconorg-5655	6	5	ecb	ecb	PROPN
fueconorg-5655	6	6	’s	’s	PART
fueconorg-5655	6	7	interest	interest	NOUN
fueconorg-5655	6	8	rate	rate	NOUN
fueconorg-5655	6	9	(	(	PUNCT
fueconorg-5655	6	10	the	the	DET
fueconorg-5655	6	11	shock	shock	NOUN
fueconorg-5655	6	12	)	)	PUNCT
fueconorg-5655	6	13	to	to	ADP
fueconorg-5655	6	14	gross	gross	ADJ
fueconorg-5655	6	15	domestic	domestic	ADJ
fueconorg-5655	6	16	product	product	NOUN
fueconorg-5655	6	17	(	(	PUNCT
fueconorg-5655	6	18	gdp	gdp	NOUN
fueconorg-5655	6	19	)	)	PUNCT
fueconorg-5655	6	20	growth	growth	NOUN
fueconorg-5655	6	21	(	(	PUNCT
fueconorg-5655	6	22	the	the	DET
fueconorg-5655	6	23	response	response	NOUN
fueconorg-5655	6	24	)	)	PUNCT
fueconorg-5655	6	25	,	,	PUNCT
fueconorg-5655	6	26	the	the	DET
fueconorg-5655	6	27	results	result	NOUN
fueconorg-5655	6	28	of	of	ADP
fueconorg-5655	6	29	variance	variance	NOUN
fueconorg-5655	6	30	decompositions	decomposition	NOUN
fueconorg-5655	6	31	and	and	CCONJ
fueconorg-5655	6	32	impulse	impulse	ADJ
fueconorg-5655	6	33	responses	response	NOUN
fueconorg-5655	6	34	indicate	indicate	VERB
fueconorg-5655	6	35	that	that	SCONJ
fueconorg-5655	6	36	interest	interest	NOUN
fueconorg-5655	6	37	rate	rate	NOUN
fueconorg-5655	6	38	channel	channel	PROPN
fueconorg-5655	6	39	works	work	VERB
fueconorg-5655	6	40	countercyclical	countercyclical	ADJ
fueconorg-5655	6	41	in	in	ADP
fueconorg-5655	6	42	general	general	ADJ
fueconorg-5655	6	43	.	.	PUNCT
fueconorg-5655	7	1	however	however	ADV
fueconorg-5655	7	2	,	,	PUNCT
fueconorg-5655	7	3	while	while	SCONJ
fueconorg-5655	7	4	stabilizing	stabilize	VERB
fueconorg-5655	7	5	(	(	PUNCT
fueconorg-5655	7	6	countercyclical	countercyclical	ADJ
fueconorg-5655	7	7	)	)	PUNCT
fueconorg-5655	7	8	effect	effect	NOUN
fueconorg-5655	7	9	is	be	AUX
fueconorg-5655	7	10	evident	evident	ADJ
fueconorg-5655	7	11	for	for	ADP
fueconorg-5655	7	12	the	the	DET
fueconorg-5655	7	13	core	core	NOUN
fueconorg-5655	7	14	(	(	PUNCT
fueconorg-5655	7	15	especially	especially	ADV
fueconorg-5655	7	16	germany	germany	PROPN
fueconorg-5655	7	17	)	)	PUNCT
fueconorg-5655	7	18	,	,	PUNCT
fueconorg-5655	7	19	it	it	PRON
fueconorg-5655	7	20	is	be	AUX
fueconorg-5655	7	21	almost	almost	ADV
fueconorg-5655	7	22	absent	absent	ADJ
fueconorg-5655	7	23	in	in	ADP
fueconorg-5655	7	24	the	the	DET
fueconorg-5655	7	25	case	case	NOUN
fueconorg-5655	7	26	of	of	ADP
fueconorg-5655	7	27	greece	greece	PROPN
fueconorg-5655	7	28	.	.	PUNCT
fueconorg-5655	8	1	the	the	DET
fueconorg-5655	8	2	conclusions	conclusion	NOUN
fueconorg-5655	8	3	highlight	highlight	VERB
fueconorg-5655	8	4	the	the	DET
fueconorg-5655	8	5	vulnerability	vulnerability	NOUN
fueconorg-5655	8	6	of	of	ADP
fueconorg-5655	8	7	the	the	DET
fueconorg-5655	8	8	ez	ez	PROPN
fueconorg-5655	8	9	in	in	ADP
fueconorg-5655	8	10	the	the	DET
fueconorg-5655	8	11	sense	sense	NOUN
fueconorg-5655	8	12	of	of	ADP
fueconorg-5655	8	13	heterogeneous	heterogeneous	ADJ
fueconorg-5655	8	14	membership	membership	NOUN
fueconorg-5655	8	15	and	and	CCONJ
fueconorg-5655	8	16	,	,	PUNCT
fueconorg-5655	8	17	accordingly	accordingly	ADV
fueconorg-5655	8	18	,	,	PUNCT
fueconorg-5655	8	19	asymmetric	asymmetric	ADJ
fueconorg-5655	8	20	response	response	NOUN
fueconorg-5655	8	21	to	to	ADP
fueconorg-5655	8	22	ecb	ecb	PROPN
fueconorg-5655	8	23	’s	’s	PART
fueconorg-5655	8	24	monetary	monetary	ADJ
fueconorg-5655	8	25	impulse	impulse	ADJ
fueconorg-5655	8	26	.	.	PUNCT
fueconorg-5655	9	1	our	our	PRON
fueconorg-5655	9	2	findings	finding	NOUN
fueconorg-5655	9	3	support	support	VERB
fueconorg-5655	9	4	the	the	DET
fueconorg-5655	9	5	arguments	argument	NOUN
fueconorg-5655	9	6	of	of	ADP
fueconorg-5655	9	7	numerous	numerous	ADJ
fueconorg-5655	9	8	research	research	NOUN
fueconorg-5655	9	9	papers	paper	NOUN
fueconorg-5655	9	10	in	in	ADP
fueconorg-5655	9	11	emphasizing	emphasize	VERB
fueconorg-5655	9	12	core	core	NOUN
fueconorg-5655	9	13	-	-	PUNCT
fueconorg-5655	9	14	periphery	periphery	NOUN
fueconorg-5655	9	15	dualism	dualism	NOUN
fueconorg-5655	9	16	,	,	PUNCT
fueconorg-5655	9	17	german	german	ADJ
fueconorg-5655	9	18	dominance	dominance	NOUN
fueconorg-5655	9	19	hypothesis	hypothesis	NOUN
fueconorg-5655	9	20	,	,	PUNCT
fueconorg-5655	9	21	and	and	CCONJ
fueconorg-5655	9	22	“	"	PUNCT
fueconorg-5655	9	23	one	one	NUM
fueconorg-5655	9	24	size	size	NOUN
fueconorg-5655	9	25	fits	fit	VERB
fueconorg-5655	9	26	some	some	DET
fueconorg-5655	9	27	”	"	PUNCT
fueconorg-5655	9	28	monetary	monetary	ADJ
fueconorg-5655	9	29	policy	policy	NOUN
fueconorg-5655	9	30	.	.	PUNCT
fueconorg-5655	10	1	key	key	ADJ
fueconorg-5655	10	2	words	word	NOUN
fueconorg-5655	10	3	:	:	PUNCT
fueconorg-5655	10	4	euro	euro	NOUN
fueconorg-5655	10	5	-	-	PUNCT
fueconorg-5655	10	6	zone	zone	NOUN
fueconorg-5655	10	7	,	,	PUNCT
fueconorg-5655	10	8	the	the	DET
fueconorg-5655	10	9	core	core	NOUN
fueconorg-5655	10	10	,	,	PUNCT
fueconorg-5655	10	11	the	the	DET
fueconorg-5655	10	12	periphery	periphery	NOUN
fueconorg-5655	10	13	,	,	PUNCT
fueconorg-5655	10	14	real	real	ADJ
fueconorg-5655	10	15	and	and	CCONJ
fueconorg-5655	10	16	nominal	nominal	ADJ
fueconorg-5655	10	17	divergence	divergence	NOUN
fueconorg-5655	10	18	,	,	PUNCT
fueconorg-5655	10	19	ecb	ecb	NOUN
fueconorg-5655	10	20	,	,	PUNCT
fueconorg-5655	10	21	monetary	monetary	ADJ
fueconorg-5655	10	22	transmission	transmission	NOUN
fueconorg-5655	10	23	.	.	PUNCT
fueconorg-5655	11	1	jel	jel	PROPN
fueconorg-5655	11	2	classification	classification	NOUN
fueconorg-5655	11	3	:	:	PUNCT
fueconorg-5655	12	1	e52	e52	PROPN
fueconorg-5655	12	2	,	,	PUNCT
fueconorg-5655	12	3	e58	e58	PROPN
fueconorg-5655	12	4	,	,	PUNCT
fueconorg-5655	12	5	e61	e61	PROPN
fueconorg-5655	12	6	,	,	PUNCT
fueconorg-5655	12	7	f45	f45	PROPN
fueconorg-5655	12	8	.	.	PUNCT
fueconorg-5655	13	1	received	receive	VERB
fueconorg-5655	13	2	september	september	PROPN
fueconorg-5655	13	3	14	14	NUM
fueconorg-5655	13	4	,	,	PUNCT
fueconorg-5655	13	5	2019	2019	NUM
fueconorg-5655	13	6	/	/	SYM
fueconorg-5655	13	7	revised	revise	VERB
fueconorg-5655	13	8	november	november	PROPN
fueconorg-5655	13	9	18	18	NUM
fueconorg-5655	13	10	,	,	PUNCT
fueconorg-5655	13	11	2019	2019	NUM
fueconorg-5655	13	12	/	/	PUNCT
fueconorg-5655	13	13	accepted	accept	VERB
fueconorg-5655	13	14	november	november	PROPN
fueconorg-5655	13	15	18	18	NUM
fueconorg-5655	13	16	,	,	PUNCT
fueconorg-5655	13	17	2019	2019	NUM
fueconorg-5655	13	18	corresponding	correspond	VERB
fueconorg-5655	13	19	author	author	NOUN
fueconorg-5655	13	20	:	:	PUNCT
fueconorg-5655	13	21	emilija	emilija	VERB
fueconorg-5655	13	22	beker	beker	PROPN
fueconorg-5655	13	23	pucar	pucar	PROPN
fueconorg-5655	13	24	university	university	PROPN
fueconorg-5655	13	25	of	of	ADP
fueconorg-5655	13	26	novi	novi	PROPN
fueconorg-5655	13	27	sad	sad	PROPN
fueconorg-5655	13	28	,	,	PUNCT
fueconorg-5655	13	29	faculty	faculty	NOUN
fueconorg-5655	13	30	of	of	ADP
fueconorg-5655	13	31	economics	economic	NOUN
fueconorg-5655	13	32	in	in	ADP
fueconorg-5655	13	33	subotica	subotica	PROPN
fueconorg-5655	13	34	,	,	PUNCT
fueconorg-5655	13	35	segedinski	segedinski	NOUN
fueconorg-5655	13	36	put	put	VERB
fueconorg-5655	13	37	9	9	NUM
fueconorg-5655	13	38	-	-	SYM
fueconorg-5655	13	39	11	11	NUM
fueconorg-5655	13	40	,	,	PUNCT
fueconorg-5655	13	41	24000	24000	NUM
fueconorg-5655	13	42	subotica	subotica	NOUN
fueconorg-5655	13	43	,	,	PUNCT
fueconorg-5655	13	44	serbia	serbia	PROPN
fueconorg-5655	13	45	e	e	NOUN
fueconorg-5655	13	46	-	-	NOUN
fueconorg-5655	13	47	mail	mail	NOUN
fueconorg-5655	13	48	:	:	PUNCT
fueconorg-5655	14	1	emilijabp@gmail.com	emilijabp@gmail.com	PROPN
fueconorg-5655	14	2	28	28	NUM
fueconorg-5655	14	3	e.	e.	PROPN
fueconorg-5655	14	4	beker	beker	PROPN
fueconorg-5655	14	5	pucar	pucar	PROPN
fueconorg-5655	14	6	,	,	PUNCT
fueconorg-5655	14	7	o.	o.	PROPN
fueconorg-5655	14	8	glavańki	glavańki	PROPN
fueconorg-5655	14	9	1	1	NUM
fueconorg-5655	14	10	.	.	PUNCT
fueconorg-5655	15	1	introduction	introduction	NOUN
fueconorg-5655	15	2	monetary	monetary	ADJ
fueconorg-5655	15	3	union	union	PROPN
fueconorg-5655	15	4	,	,	PUNCT
fueconorg-5655	15	5	as	as	ADP
fueconorg-5655	15	6	a	a	DET
fueconorg-5655	15	7	final	final	ADJ
fueconorg-5655	15	8	stage	stage	NOUN
fueconorg-5655	15	9	of	of	ADP
fueconorg-5655	15	10	european	european	ADJ
fueconorg-5655	15	11	economic	economic	ADJ
fueconorg-5655	15	12	integration	integration	NOUN
fueconorg-5655	15	13	,	,	PUNCT
fueconorg-5655	15	14	was	be	AUX
fueconorg-5655	15	15	formed	form	VERB
fueconorg-5655	15	16	in	in	ADP
fueconorg-5655	15	17	1999	1999	NUM
fueconorg-5655	15	18	.	.	PUNCT
fueconorg-5655	16	1	euro	euro	NOUN
fueconorg-5655	16	2	-	-	PUNCT
fueconorg-5655	16	3	zone	zone	NOUN
fueconorg-5655	16	4	(	(	PUNCT
fueconorg-5655	16	5	ez	ez	PROPN
fueconorg-5655	16	6	)	)	PUNCT
fueconorg-5655	16	7	initially	initially	ADV
fueconorg-5655	16	8	consisted	consist	VERB
fueconorg-5655	16	9	of	of	ADP
fueconorg-5655	16	10	11	11	NUM
fueconorg-5655	16	11	eu	eu	PROPN
fueconorg-5655	16	12	members	member	NOUN
fueconorg-5655	16	13	(	(	PUNCT
fueconorg-5655	16	14	12th	12th	ADJ
fueconorg-5655	16	15	member	member	NOUN
fueconorg-5655	16	16	was	be	AUX
fueconorg-5655	16	17	greece	greece	PROPN
fueconorg-5655	16	18	starting	start	VERB
fueconorg-5655	16	19	from	from	ADP
fueconorg-5655	16	20	2001	2001	NUM
fueconorg-5655	16	21	)	)	PUNCT
fueconorg-5655	16	22	which	which	PRON
fueconorg-5655	16	23	accepted	accept	VERB
fueconorg-5655	16	24	common	common	ADJ
fueconorg-5655	16	25	currency	currency	NOUN
fueconorg-5655	16	26	by	by	ADP
fueconorg-5655	16	27	sacrificing	sacrifice	VERB
fueconorg-5655	16	28	monetary	monetary	ADJ
fueconorg-5655	16	29	sovereignty	sovereignty	NOUN
fueconorg-5655	16	30	.	.	PUNCT
fueconorg-5655	17	1	until	until	ADP
fueconorg-5655	17	2	now	now	ADV
fueconorg-5655	17	3	,	,	PUNCT
fueconorg-5655	17	4	19	19	NUM
fueconorg-5655	17	5	eu	eu	PROPN
fueconorg-5655	17	6	members	member	NOUN
fueconorg-5655	17	7	accepted	accept	VERB
fueconorg-5655	17	8	the	the	DET
fueconorg-5655	17	9	euro	euro	NOUN
fueconorg-5655	17	10	after	after	ADP
fueconorg-5655	17	11	demanding	demand	VERB
fueconorg-5655	17	12	process	process	NOUN
fueconorg-5655	17	13	of	of	ADP
fueconorg-5655	17	14	a	a	DET
fueconorg-5655	17	15	monetary	monetary	ADJ
fueconorg-5655	17	16	convergence	convergence	NOUN
fueconorg-5655	17	17	.	.	PUNCT
fueconorg-5655	18	1	monetary	monetary	ADJ
fueconorg-5655	18	2	union	union	PROPN
fueconorg-5655	18	3	is	be	AUX
fueconorg-5655	18	4	rigid	rigid	ADJ
fueconorg-5655	18	5	exchange	exchange	NOUN
fueconorg-5655	18	6	rate	rate	NOUN
fueconorg-5655	18	7	arrangement	arrangement	NOUN
fueconorg-5655	18	8	where	where	SCONJ
fueconorg-5655	18	9	crucial	crucial	ADJ
fueconorg-5655	18	10	sacrifice	sacrifice	NOUN
fueconorg-5655	18	11	is	be	AUX
fueconorg-5655	18	12	loss	loss	NOUN
fueconorg-5655	18	13	of	of	ADP
fueconorg-5655	18	14	monetary	monetary	ADJ
fueconorg-5655	18	15	and	and	CCONJ
fueconorg-5655	18	16	exchange	exchange	NOUN
fueconorg-5655	18	17	rate	rate	NOUN
fueconorg-5655	18	18	policy	policy	NOUN
fueconorg-5655	18	19	.	.	PUNCT
fueconorg-5655	19	1	member	member	NOUN
fueconorg-5655	19	2	countries	country	NOUN
fueconorg-5655	19	3	expect	expect	VERB
fueconorg-5655	19	4	higher	high	ADJ
fueconorg-5655	19	5	benefits	benefit	NOUN
fueconorg-5655	19	6	from	from	ADP
fueconorg-5655	19	7	common	common	ADJ
fueconorg-5655	19	8	currency	currency	NOUN
fueconorg-5655	19	9	having	have	VERB
fueconorg-5655	19	10	in	in	ADP
fueconorg-5655	19	11	mind	mind	NOUN
fueconorg-5655	19	12	lower	low	ADJ
fueconorg-5655	19	13	exchange	exchange	NOUN
fueconorg-5655	19	14	rate	rate	NOUN
fueconorg-5655	19	15	risk	risk	NOUN
fueconorg-5655	19	16	,	,	PUNCT
fueconorg-5655	19	17	lower	low	ADJ
fueconorg-5655	19	18	transaction	transaction	NOUN
fueconorg-5655	19	19	costs	cost	NOUN
fueconorg-5655	19	20	,	,	PUNCT
fueconorg-5655	19	21	minimized	minimize	VERB
fueconorg-5655	19	22	risks	risk	NOUN
fueconorg-5655	19	23	from	from	ADP
fueconorg-5655	19	24	speculative	speculative	ADJ
fueconorg-5655	19	25	attacks	attack	NOUN
fueconorg-5655	19	26	and	and	CCONJ
fueconorg-5655	19	27	,	,	PUNCT
fueconorg-5655	19	28	above	above	ADP
fueconorg-5655	19	29	all	all	PRON
fueconorg-5655	19	30	,	,	PUNCT
fueconorg-5655	19	31	an	an	DET
fueconorg-5655	19	32	ambient	ambient	NOUN
fueconorg-5655	19	33	of	of	ADP
fueconorg-5655	19	34	macroeconomic	macroeconomic	ADJ
fueconorg-5655	19	35	stability	stability	NOUN
fueconorg-5655	19	36	.	.	PUNCT
fueconorg-5655	20	1	mentioned	mention	VERB
fueconorg-5655	20	2	benefits	benefit	NOUN
fueconorg-5655	20	3	outweigh	outweigh	VERB
fueconorg-5655	20	4	sacrifices	sacrifice	NOUN
fueconorg-5655	20	5	if	if	SCONJ
fueconorg-5655	20	6	trade	trade	NOUN
fueconorg-5655	20	7	and	and	CCONJ
fueconorg-5655	20	8	financial	financial	ADJ
fueconorg-5655	20	9	integration	integration	NOUN
fueconorg-5655	20	10	is	be	AUX
fueconorg-5655	20	11	deeper	deep	ADJ
fueconorg-5655	20	12	between	between	ADP
fueconorg-5655	20	13	member	member	NOUN
fueconorg-5655	20	14	states	state	NOUN
fueconorg-5655	20	15	,	,	PUNCT
fueconorg-5655	20	16	if	if	SCONJ
fueconorg-5655	20	17	production	production	NOUN
fueconorg-5655	20	18	structure	structure	NOUN
fueconorg-5655	20	19	is	be	AUX
fueconorg-5655	20	20	more	more	ADV
fueconorg-5655	20	21	diversified	diversified	ADJ
fueconorg-5655	20	22	,	,	PUNCT
fueconorg-5655	20	23	while	while	SCONJ
fueconorg-5655	20	24	capital	capital	NOUN
fueconorg-5655	20	25	and	and	CCONJ
fueconorg-5655	20	26	labour	labour	NOUN
fueconorg-5655	20	27	are	be	AUX
fueconorg-5655	20	28	mobile	mobile	ADJ
fueconorg-5655	20	29	(	(	PUNCT
fueconorg-5655	20	30	ricci	ricci	PROPN
fueconorg-5655	20	31	,	,	PUNCT
fueconorg-5655	20	32	1997	1997	NUM
fueconorg-5655	20	33	;	;	PUNCT
fueconorg-5655	20	34	horvath	horvath	PROPN
fueconorg-5655	20	35	&	&	CCONJ
fueconorg-5655	20	36	komarek	komarek	PROPN
fueconorg-5655	20	37	,	,	PUNCT
fueconorg-5655	20	38	2002	2002	NUM
fueconorg-5655	20	39	)	)	PUNCT
fueconorg-5655	20	40	.	.	PUNCT
fueconorg-5655	21	1	if	if	SCONJ
fueconorg-5655	21	2	criteria	criterion	NOUN
fueconorg-5655	21	3	for	for	ADP
fueconorg-5655	21	4	optimum	optimum	ADJ
fueconorg-5655	21	5	currency	currency	NOUN
fueconorg-5655	21	6	area	area	NOUN
fueconorg-5655	21	7	(	(	PUNCT
fueconorg-5655	21	8	oca	oca	NOUN
fueconorg-5655	21	9	)	)	PUNCT
fueconorg-5655	21	10	are	be	AUX
fueconorg-5655	21	11	fulfilled	fulfil	VERB
fueconorg-5655	21	12	(	(	PUNCT
fueconorg-5655	21	13	mundell	mundell	ADJ
fueconorg-5655	21	14	,	,	PUNCT
fueconorg-5655	21	15	1961	1961	NUM
fueconorg-5655	21	16	)	)	PUNCT
fueconorg-5655	21	17	the	the	DET
fueconorg-5655	21	18	need	need	NOUN
fueconorg-5655	21	19	for	for	ADP
fueconorg-5655	21	20	national	national	ADJ
fueconorg-5655	21	21	monetary	monetary	ADJ
fueconorg-5655	21	22	policy	policy	NOUN
fueconorg-5655	21	23	is	be	AUX
fueconorg-5655	21	24	mitigated	mitigate	VERB
fueconorg-5655	21	25	making	make	VERB
fueconorg-5655	21	26	thus	thus	ADV
fueconorg-5655	21	27	monetary	monetary	ADJ
fueconorg-5655	21	28	union	union	NOUN
fueconorg-5655	21	29	more	more	ADV
fueconorg-5655	21	30	sustainable	sustainable	ADJ
fueconorg-5655	21	31	(	(	PUNCT
fueconorg-5655	21	32	rose	rise	VERB
fueconorg-5655	21	33	,	,	PUNCT
fueconorg-5655	21	34	2008	2008	NUM
fueconorg-5655	21	35	)	)	PUNCT
fueconorg-5655	21	36	.	.	PUNCT
fueconorg-5655	22	1	however	however	ADV
fueconorg-5655	22	2	,	,	PUNCT
fueconorg-5655	22	3	ez	ez	PROPN
fueconorg-5655	22	4	is	be	AUX
fueconorg-5655	22	5	not	not	PART
fueconorg-5655	22	6	created	create	VERB
fueconorg-5655	22	7	as	as	ADP
fueconorg-5655	22	8	an	an	DET
fueconorg-5655	22	9	oca	oca	NOUN
fueconorg-5655	22	10	(	(	PUNCT
fueconorg-5655	22	11	vrňáková	vrňáková	PROPN
fueconorg-5655	22	12	&	&	CCONJ
fueconorg-5655	22	13	bartuńková	bartuńková	PROPN
fueconorg-5655	22	14	,	,	PUNCT
fueconorg-5655	22	15	2013	2013	NUM
fueconorg-5655	22	16	;	;	PUNCT
fueconorg-5655	22	17	koziara	koziara	PROPN
fueconorg-5655	22	18	,	,	PUNCT
fueconorg-5655	22	19	2016	2016	NUM
fueconorg-5655	22	20	)	)	PUNCT
fueconorg-5655	22	21	.	.	PUNCT
fueconorg-5655	23	1	some	some	PRON
fueconorg-5655	23	2	of	of	ADP
fueconorg-5655	23	3	doubts	doubt	NOUN
fueconorg-5655	23	4	whether	whether	SCONJ
fueconorg-5655	23	5	europe	europe	PROPN
fueconorg-5655	23	6	fulfils	fulfil	VERB
fueconorg-5655	23	7	oca	oca	NOUN
fueconorg-5655	23	8	criteria	criterion	NOUN
fueconorg-5655	23	9	were	be	AUX
fueconorg-5655	23	10	hypothetically	hypothetically	ADV
fueconorg-5655	23	11	exposed	expose	VERB
fueconorg-5655	23	12	during	during	ADP
fueconorg-5655	23	13	eighties	eighty	NOUN
fueconorg-5655	23	14	and	and	CCONJ
fueconorg-5655	23	15	nineties	ninety	NOUN
fueconorg-5655	23	16	,	,	PUNCT
fueconorg-5655	23	17	even	even	ADV
fueconorg-5655	23	18	before	before	SCONJ
fueconorg-5655	23	19	concrete	concrete	ADJ
fueconorg-5655	23	20	plans	plan	NOUN
fueconorg-5655	23	21	for	for	ADP
fueconorg-5655	23	22	monetary	monetary	ADJ
fueconorg-5655	23	23	union	union	NOUN
fueconorg-5655	23	24	were	be	AUX
fueconorg-5655	23	25	set	set	VERB
fueconorg-5655	23	26	,	,	PUNCT
fueconorg-5655	23	27	by	by	ADP
fueconorg-5655	23	28	for	for	ADP
fueconorg-5655	23	29	example	example	NOUN
fueconorg-5655	23	30	eichengreen	eichengreen	NOUN
fueconorg-5655	23	31	(	(	PUNCT
fueconorg-5655	23	32	1991	1991	NUM
fueconorg-5655	23	33	)	)	PUNCT
fueconorg-5655	23	34	and	and	CCONJ
fueconorg-5655	23	35	feldstein	feldstein	NOUN
fueconorg-5655	23	36	(	(	PUNCT
fueconorg-5655	23	37	1997	1997	NUM
fueconorg-5655	23	38	)	)	PUNCT
fueconorg-5655	23	39	.	.	PUNCT
fueconorg-5655	24	1	although	although	SCONJ
fueconorg-5655	24	2	europe	europe	PROPN
fueconorg-5655	24	3	was	be	AUX
fueconorg-5655	24	4	seen	see	VERB
fueconorg-5655	24	5	as	as	ADP
fueconorg-5655	24	6	an	an	DET
fueconorg-5655	24	7	ideal	ideal	ADJ
fueconorg-5655	24	8	candidate	candidate	NOUN
fueconorg-5655	24	9	for	for	ADP
fueconorg-5655	24	10	testing	test	VERB
fueconorg-5655	24	11	mundell	mundell	PROPN
fueconorg-5655	24	12	’s	’s	PART
fueconorg-5655	24	13	oca	oca	NOUN
fueconorg-5655	24	14	theory	theory	NOUN
fueconorg-5655	24	15	,	,	PUNCT
fueconorg-5655	24	16	some	some	DET
fueconorg-5655	24	17	economists	economist	NOUN
fueconorg-5655	24	18	were	be	AUX
fueconorg-5655	24	19	aware	aware	ADJ
fueconorg-5655	24	20	of	of	ADP
fueconorg-5655	24	21	divergent	divergent	ADJ
fueconorg-5655	24	22	economies	economy	NOUN
fueconorg-5655	24	23	in	in	ADP
fueconorg-5655	24	24	economic	economic	ADJ
fueconorg-5655	24	25	reality	reality	NOUN
fueconorg-5655	24	26	that	that	PRON
fueconorg-5655	24	27	impede	impede	VERB
fueconorg-5655	24	28	the	the	DET
fueconorg-5655	24	29	functioning	functioning	NOUN
fueconorg-5655	24	30	of	of	ADP
fueconorg-5655	24	31	european	european	PROPN
fueconorg-5655	24	32	monetary	monetary	PROPN
fueconorg-5655	24	33	union	union	PROPN
fueconorg-5655	24	34	.	.	PUNCT
fueconorg-5655	25	1	burning	burn	VERB
fueconorg-5655	25	2	problem	problem	NOUN
fueconorg-5655	25	3	of	of	ADP
fueconorg-5655	25	4	the	the	DET
fueconorg-5655	25	5	ez	ez	PROPN
fueconorg-5655	25	6	is	be	AUX
fueconorg-5655	25	7	the	the	DET
fueconorg-5655	25	8	dichotomy	dichotomy	NOUN
fueconorg-5655	25	9	between	between	ADP
fueconorg-5655	25	10	the	the	DET
fueconorg-5655	25	11	core	core	NOUN
fueconorg-5655	25	12	and	and	CCONJ
fueconorg-5655	25	13	periphery	periphery	NOUN
fueconorg-5655	25	14	countries	country	NOUN
fueconorg-5655	25	15	.	.	PUNCT
fueconorg-5655	26	1	on	on	ADP
fueconorg-5655	26	2	the	the	DET
fueconorg-5655	26	3	one	one	NUM
fueconorg-5655	26	4	hand	hand	NOUN
fueconorg-5655	26	5	,	,	PUNCT
fueconorg-5655	26	6	there	there	PRON
fueconorg-5655	26	7	are	be	VERB
fueconorg-5655	26	8	export	export	NOUN
fueconorg-5655	26	9	-	-	PUNCT
fueconorg-5655	26	10	oriented	orient	VERB
fueconorg-5655	26	11	and	and	CCONJ
fueconorg-5655	26	12	mostly	mostly	ADV
fueconorg-5655	26	13	industrialized	industrialize	VERB
fueconorg-5655	26	14	countries	country	NOUN
fueconorg-5655	26	15	,	,	PUNCT
fueconorg-5655	26	16	such	such	ADJ
fueconorg-5655	26	17	as	as	ADP
fueconorg-5655	26	18	germany	germany	PROPN
fueconorg-5655	26	19	,	,	PUNCT
fueconorg-5655	26	20	the	the	DET
fueconorg-5655	26	21	netherlands	netherlands	PROPN
fueconorg-5655	26	22	,	,	PUNCT
fueconorg-5655	26	23	and	and	CCONJ
fueconorg-5655	26	24	austria	austria	PROPN
fueconorg-5655	26	25	.	.	PUNCT
fueconorg-5655	27	1	on	on	ADP
fueconorg-5655	27	2	the	the	DET
fueconorg-5655	27	3	other	other	ADJ
fueconorg-5655	27	4	hand	hand	NOUN
fueconorg-5655	27	5	,	,	PUNCT
fueconorg-5655	27	6	there	there	PRON
fueconorg-5655	27	7	are	be	VERB
fueconorg-5655	27	8	countries	country	NOUN
fueconorg-5655	27	9	dependent	dependent	ADJ
fueconorg-5655	27	10	on	on	ADP
fueconorg-5655	27	11	imports	import	NOUN
fueconorg-5655	27	12	and	and	CCONJ
fueconorg-5655	27	13	inflows	inflow	NOUN
fueconorg-5655	27	14	of	of	ADP
fueconorg-5655	27	15	foreign	foreign	ADJ
fueconorg-5655	27	16	direct	direct	ADJ
fueconorg-5655	27	17	investment	investment	NOUN
fueconorg-5655	27	18	,	,	PUNCT
fueconorg-5655	27	19	largely	largely	ADV
fueconorg-5655	27	20	based	base	VERB
fueconorg-5655	27	21	on	on	ADP
fueconorg-5655	27	22	the	the	DET
fueconorg-5655	27	23	service	service	NOUN
fueconorg-5655	27	24	sector	sector	NOUN
fueconorg-5655	27	25	,	,	PUNCT
fueconorg-5655	27	26	such	such	ADJ
fueconorg-5655	27	27	as	as	ADP
fueconorg-5655	27	28	greece	greece	PROPN
fueconorg-5655	27	29	,	,	PUNCT
fueconorg-5655	27	30	italy	italy	PROPN
fueconorg-5655	27	31	,	,	PUNCT
fueconorg-5655	27	32	ireland	ireland	PROPN
fueconorg-5655	27	33	,	,	PUNCT
fueconorg-5655	27	34	portugal	portugal	PROPN
fueconorg-5655	27	35	and	and	CCONJ
fueconorg-5655	27	36	spain	spain	PROPN
fueconorg-5655	27	37	(	(	PUNCT
fueconorg-5655	27	38	named	name	VERB
fueconorg-5655	27	39	piigs	piig	NOUN
fueconorg-5655	27	40	by	by	ADP
fueconorg-5655	27	41	the	the	DET
fueconorg-5655	27	42	acronym	acronym	NOUN
fueconorg-5655	27	43	for	for	ADP
fueconorg-5655	27	44	the	the	DET
fueconorg-5655	27	45	names	name	NOUN
fueconorg-5655	27	46	of	of	ADP
fueconorg-5655	27	47	these	these	DET
fueconorg-5655	27	48	periphery	periphery	ADJ
fueconorg-5655	27	49	economies	economy	NOUN
fueconorg-5655	27	50	)	)	PUNCT
fueconorg-5655	27	51	(	(	PUNCT
fueconorg-5655	27	52	de	de	X
fueconorg-5655	27	53	larosicre	larosicre	NOUN
fueconorg-5655	27	54	,	,	PUNCT
fueconorg-5655	27	55	2012	2012	NUM
fueconorg-5655	27	56	)	)	PUNCT
fueconorg-5655	27	57	.	.	PUNCT
fueconorg-5655	28	1	it	it	PRON
fueconorg-5655	28	2	is	be	AUX
fueconorg-5655	28	3	the	the	DET
fueconorg-5655	28	4	dichotomy	dichotomy	NOUN
fueconorg-5655	28	5	that	that	PRON
fueconorg-5655	28	6	exposes	expose	VERB
fueconorg-5655	28	7	the	the	DET
fueconorg-5655	28	8	currency	currency	NOUN
fueconorg-5655	28	9	zone	zone	NOUN
fueconorg-5655	28	10	to	to	ADP
fueconorg-5655	28	11	asymmetric	asymmetric	ADJ
fueconorg-5655	28	12	shocks	shock	NOUN
fueconorg-5655	28	13	with	with	ADP
fueconorg-5655	28	14	the	the	DET
fueconorg-5655	28	15	resulting	result	VERB
fueconorg-5655	28	16	imbalances	imbalance	NOUN
fueconorg-5655	28	17	between	between	ADP
fueconorg-5655	28	18	member	member	NOUN
fueconorg-5655	28	19	states	state	NOUN
fueconorg-5655	28	20	.	.	PUNCT
fueconorg-5655	29	1	as	as	ADP
fueconorg-5655	29	2	mundell	mundell	PROPN
fueconorg-5655	29	3	(	(	PUNCT
fueconorg-5655	29	4	1961	1961	NUM
fueconorg-5655	29	5	)	)	PUNCT
fueconorg-5655	29	6	also	also	ADV
fueconorg-5655	29	7	pointed	point	VERB
fueconorg-5655	29	8	out	out	ADP
fueconorg-5655	29	9	different	different	ADJ
fueconorg-5655	29	10	economic	economic	ADJ
fueconorg-5655	29	11	conditions	condition	NOUN
fueconorg-5655	29	12	(	(	PUNCT
fueconorg-5655	29	13	differences	difference	NOUN
fueconorg-5655	29	14	in	in	ADP
fueconorg-5655	29	15	gdp	gdp	NOUN
fueconorg-5655	29	16	per	per	ADP
fueconorg-5655	29	17	capita	capita	NOUN
fueconorg-5655	29	18	,	,	PUNCT
fueconorg-5655	29	19	labour	labour	NOUN
fueconorg-5655	29	20	mobility	mobility	NOUN
fueconorg-5655	29	21	and/or	and/or	CCONJ
fueconorg-5655	29	22	productivity	productivity	NOUN
fueconorg-5655	29	23	)	)	PUNCT
fueconorg-5655	29	24	,	,	PUNCT
fueconorg-5655	29	25	different	different	ADJ
fueconorg-5655	29	26	levels	level	NOUN
fueconorg-5655	29	27	of	of	ADP
fueconorg-5655	29	28	development	development	NOUN
fueconorg-5655	29	29	or	or	CCONJ
fueconorg-5655	29	30	different	different	ADJ
fueconorg-5655	29	31	sectorial	sectorial	ADJ
fueconorg-5655	29	32	diversification	diversification	NOUN
fueconorg-5655	29	33	may	may	AUX
fueconorg-5655	29	34	initiate	initiate	VERB
fueconorg-5655	29	35	the	the	DET
fueconorg-5655	29	36	dysfunction	dysfunction	NOUN
fueconorg-5655	29	37	or	or	CCONJ
fueconorg-5655	29	38	sub	sub	NOUN
fueconorg-5655	29	39	-	-	NOUN
fueconorg-5655	29	40	optimality	optimality	NOUN
fueconorg-5655	29	41	of	of	ADP
fueconorg-5655	29	42	the	the	DET
fueconorg-5655	29	43	currency	currency	NOUN
fueconorg-5655	29	44	area	area	NOUN
fueconorg-5655	29	45	.	.	PUNCT
fueconorg-5655	30	1	the	the	DET
fueconorg-5655	30	2	ez	ez	PROPN
fueconorg-5655	30	3	crisis	crisis	NOUN
fueconorg-5655	30	4	can	can	AUX
fueconorg-5655	30	5	be	be	AUX
fueconorg-5655	30	6	understood	understand	VERB
fueconorg-5655	30	7	as	as	ADP
fueconorg-5655	30	8	the	the	DET
fueconorg-5655	30	9	outcome	outcome	NOUN
fueconorg-5655	30	10	of	of	ADP
fueconorg-5655	30	11	a	a	DET
fueconorg-5655	30	12	structural	structural	ADJ
fueconorg-5655	30	13	imbalance	imbalance	NOUN
fueconorg-5655	30	14	between	between	ADP
fueconorg-5655	30	15	the	the	DET
fueconorg-5655	30	16	core	core	NOUN
fueconorg-5655	30	17	and	and	CCONJ
fueconorg-5655	30	18	the	the	DET
fueconorg-5655	30	19	periphery	periphery	NOUN
fueconorg-5655	30	20	countries	country	NOUN
fueconorg-5655	30	21	(	(	PUNCT
fueconorg-5655	30	22	lapavitsas	lapavitsa	NOUN
fueconorg-5655	30	23	et	et	PROPN
fueconorg-5655	30	24	al	al	PROPN
fueconorg-5655	30	25	.	.	PROPN
fueconorg-5655	30	26	,	,	PUNCT
fueconorg-5655	30	27	2010	2010	NUM
fueconorg-5655	30	28	;	;	PUNCT
fueconorg-5655	30	29	sklias	sklias	PROPN
fueconorg-5655	30	30	,	,	PUNCT
fueconorg-5655	30	31	2012	2012	NUM
fueconorg-5655	30	32	;	;	PUNCT
fueconorg-5655	30	33	bartlett	bartlett	PROPN
fueconorg-5655	30	34	&	&	CCONJ
fueconorg-5655	30	35	prica	prica	PROPN
fueconorg-5655	30	36	,	,	PUNCT
fueconorg-5655	30	37	2016	2016	NUM
fueconorg-5655	30	38	)	)	PUNCT
fueconorg-5655	30	39	.	.	PUNCT
fueconorg-5655	31	1	this	this	DET
fueconorg-5655	31	2	paper	paper	NOUN
fueconorg-5655	31	3	analyses	analyse	VERB
fueconorg-5655	31	4	intra	intra	ADJ
fueconorg-5655	31	5	-	-	ADJ
fueconorg-5655	31	6	ez	ez	ADJ
fueconorg-5655	31	7	divergence	divergence	NOUN
fueconorg-5655	31	8	as	as	ADP
fueconorg-5655	31	9	a	a	DET
fueconorg-5655	31	10	background	background	NOUN
fueconorg-5655	31	11	for	for	ADP
fueconorg-5655	31	12	asymmetric	asymmetric	ADJ
fueconorg-5655	31	13	monetary	monetary	ADJ
fueconorg-5655	31	14	responses	response	NOUN
fueconorg-5655	31	15	to	to	ADP
fueconorg-5655	31	16	ecb	ecb	PROPN
fueconorg-5655	31	17	’s	’s	PART
fueconorg-5655	31	18	monetary	monetary	ADJ
fueconorg-5655	31	19	contraction	contraction	NOUN
fueconorg-5655	31	20	/	/	SYM
fueconorg-5655	31	21	expansion	expansion	NOUN
fueconorg-5655	31	22	through	through	ADP
fueconorg-5655	31	23	descriptive	descriptive	ADJ
fueconorg-5655	31	24	and	and	CCONJ
fueconorg-5655	31	25	econometric	econometric	ADJ
fueconorg-5655	31	26	analysis	analysis	NOUN
fueconorg-5655	31	27	.	.	PUNCT
fueconorg-5655	32	1	after	after	ADP
fueconorg-5655	32	2	the	the	DET
fueconorg-5655	32	3	introduction	introduction	NOUN
fueconorg-5655	32	4	section	section	NOUN
fueconorg-5655	32	5	,	,	PUNCT
fueconorg-5655	32	6	section	section	NOUN
fueconorg-5655	32	7	2	2	NUM
fueconorg-5655	32	8	includes	include	VERB
fueconorg-5655	32	9	descriptive	descriptive	ADJ
fueconorg-5655	32	10	analysis	analysis	NOUN
fueconorg-5655	32	11	of	of	ADP
fueconorg-5655	32	12	macroeconomic	macroeconomic	ADJ
fueconorg-5655	32	13	divergences	divergence	NOUN
fueconorg-5655	32	14	of	of	ADP
fueconorg-5655	32	15	nominal	nominal	ADJ
fueconorg-5655	32	16	(	(	PUNCT
fueconorg-5655	32	17	subsection	subsection	NOUN
fueconorg-5655	32	18	2.1	2.1	NUM
fueconorg-5655	32	19	)	)	PUNCT
fueconorg-5655	32	20	and	and	CCONJ
fueconorg-5655	32	21	real	real	ADJ
fueconorg-5655	32	22	indicators	indicator	NOUN
fueconorg-5655	32	23	(	(	PUNCT
fueconorg-5655	32	24	subsection	subsection	NOUN
fueconorg-5655	32	25	2.2	2.2	NUM
fueconorg-5655	32	26	)	)	PUNCT
fueconorg-5655	32	27	concerning	concern	VERB
fueconorg-5655	32	28	the	the	DET
fueconorg-5655	32	29	relation	relation	NOUN
fueconorg-5655	32	30	core	core	NOUN
fueconorg-5655	32	31	-	-	PUNCT
fueconorg-5655	32	32	periphery	periphery	NOUN
fueconorg-5655	32	33	-	-	PUNCT
fueconorg-5655	32	34	emerging	emerge	VERB
fueconorg-5655	32	35	ez	ez	ADJ
fueconorg-5655	32	36	members	member	NOUN
fueconorg-5655	32	37	.	.	PUNCT
fueconorg-5655	33	1	the	the	DET
fueconorg-5655	33	2	econometric	econometric	ADJ
fueconorg-5655	33	3	analysis	analysis	NOUN
fueconorg-5655	33	4	within	within	ADP
fueconorg-5655	33	5	section	section	NOUN
fueconorg-5655	33	6	3	3	NUM
fueconorg-5655	33	7	is	be	AUX
fueconorg-5655	33	8	based	base	VERB
fueconorg-5655	33	9	on	on	ADP
fueconorg-5655	33	10	the	the	DET
fueconorg-5655	33	11	estimated	estimate	VERB
fueconorg-5655	33	12	var	var	NOUN
fueconorg-5655	33	13	model	model	NOUN
fueconorg-5655	33	14	in	in	ADP
fueconorg-5655	33	15	which	which	PRON
fueconorg-5655	33	16	are	be	AUX
fueconorg-5655	33	17	included	include	VERB
fueconorg-5655	33	18	ecb	ecb	PROPN
fueconorg-5655	33	19	’s	’s	PART
fueconorg-5655	33	20	interest	interest	NOUN
fueconorg-5655	33	21	rate	rate	NOUN
fueconorg-5655	33	22	and	and	CCONJ
fueconorg-5655	33	23	gdp	gdp	NOUN
fueconorg-5655	33	24	of	of	ADP
fueconorg-5655	33	25	selected	select	VERB
fueconorg-5655	33	26	core	core	NOUN
fueconorg-5655	33	27	(	(	PUNCT
fueconorg-5655	33	28	germany	germany	PROPN
fueconorg-5655	33	29	,	,	PUNCT
fueconorg-5655	33	30	france	france	PROPN
fueconorg-5655	33	31	,	,	PUNCT
fueconorg-5655	33	32	belgium	belgium	PROPN
fueconorg-5655	33	33	)	)	PUNCT
fueconorg-5655	33	34	and	and	CCONJ
fueconorg-5655	33	35	periphery	periphery	PROPN
fueconorg-5655	33	36	ez	ez	PROPN
fueconorg-5655	33	37	countries	country	NOUN
fueconorg-5655	33	38	(	(	PUNCT
fueconorg-5655	33	39	greece	greece	PROPN
fueconorg-5655	33	40	,	,	PUNCT
fueconorg-5655	33	41	spain	spain	PROPN
fueconorg-5655	33	42	,	,	PUNCT
fueconorg-5655	33	43	portugal	portugal	PROPN
fueconorg-5655	33	44	)	)	PUNCT
fueconorg-5655	33	45	.	.	PUNCT
fueconorg-5655	34	1	the	the	DET
fueconorg-5655	34	2	aim	aim	NOUN
fueconorg-5655	34	3	of	of	ADP
fueconorg-5655	34	4	the	the	DET
fueconorg-5655	34	5	above	above	ADJ
fueconorg-5655	34	6	analyses	analysis	NOUN
fueconorg-5655	34	7	is	be	AUX
fueconorg-5655	34	8	to	to	PART
fueconorg-5655	34	9	understand	understand	VERB
fueconorg-5655	34	10	the	the	DET
fueconorg-5655	34	11	divergent	divergent	ADJ
fueconorg-5655	34	12	positions	position	NOUN
fueconorg-5655	34	13	of	of	ADP
fueconorg-5655	34	14	the	the	DET
fueconorg-5655	34	15	core	core	NOUN
fueconorg-5655	34	16	and	and	CCONJ
fueconorg-5655	34	17	periphery	periphery	NOUN
fueconorg-5655	34	18	,	,	PUNCT
fueconorg-5655	34	19	as	as	ADV
fueconorg-5655	34	20	well	well	ADV
fueconorg-5655	34	21	as	as	ADP
fueconorg-5655	34	22	the	the	DET
fueconorg-5655	34	23	divergent	divergent	ADJ
fueconorg-5655	34	24	responses	response	NOUN
fueconorg-5655	34	25	of	of	ADP
fueconorg-5655	34	26	economic	economic	ADJ
fueconorg-5655	34	27	activities	activity	NOUN
fueconorg-5655	34	28	to	to	ADP
fueconorg-5655	34	29	ecb	ecb	PROPN
fueconorg-5655	34	30	’s	’s	PART
fueconorg-5655	34	31	monetary	monetary	ADJ
fueconorg-5655	34	32	expansion	expansion	NOUN
fueconorg-5655	34	33	/	/	SYM
fueconorg-5655	34	34	tightening	tighten	VERB
fueconorg-5655	34	35	for	for	ADP
fueconorg-5655	34	36	selected	select	VERB
fueconorg-5655	34	37	representatives	representative	NOUN
fueconorg-5655	34	38	of	of	ADP
fueconorg-5655	34	39	the	the	DET
fueconorg-5655	34	40	core	core	NOUN
fueconorg-5655	34	41	and	and	CCONJ
fueconorg-5655	34	42	the	the	DET
fueconorg-5655	34	43	periphery	periphery	NOUN
fueconorg-5655	34	44	.	.	PUNCT
fueconorg-5655	35	1	finally	finally	ADV
fueconorg-5655	35	2	,	,	PUNCT
fueconorg-5655	35	3	section	section	NOUN
fueconorg-5655	35	4	4	4	NUM
fueconorg-5655	35	5	highlights	highlight	NOUN
fueconorg-5655	35	6	crucial	crucial	ADJ
fueconorg-5655	35	7	concluding	concluding	NOUN
fueconorg-5655	35	8	remarks	remark	NOUN
fueconorg-5655	35	9	.	.	PUNCT
fueconorg-5655	36	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	36	2	divergences	divergence	NOUN
fueconorg-5655	36	3	and	and	CCONJ
fueconorg-5655	36	4	asymmetric	asymmetric	ADJ
fueconorg-5655	36	5	resonses	resonse	NOUN
fueconorg-5655	36	6	within	within	ADP
fueconorg-5655	36	7	the	the	DET
fueconorg-5655	36	8	euro	euro	NOUN
fueconorg-5655	36	9	-	-	PUNCT
fueconorg-5655	36	10	zone	zone	NOUN
fueconorg-5655	36	11	29	29	NUM
fueconorg-5655	36	12	2	2	NUM
fueconorg-5655	36	13	.	.	PUNCT
fueconorg-5655	37	1	the	the	DET
fueconorg-5655	37	2	divergence	divergence	NOUN
fueconorg-5655	37	3	of	of	ADP
fueconorg-5655	37	4	nominal	nominal	ADJ
fueconorg-5655	37	5	and	and	CCONJ
fueconorg-5655	37	6	real	real	ADJ
fueconorg-5655	37	7	variables	variable	NOUN
fueconorg-5655	37	8	within	within	ADP
fueconorg-5655	37	9	the	the	DET
fueconorg-5655	37	10	euro	euro	NOUN
fueconorg-5655	37	11	-	-	PUNCT
fueconorg-5655	37	12	zone	zone	NOUN
fueconorg-5655	37	13	it	it	PRON
fueconorg-5655	37	14	has	have	AUX
fueconorg-5655	37	15	emerged	emerge	VERB
fueconorg-5655	37	16	that	that	SCONJ
fueconorg-5655	37	17	one	one	NUM
fueconorg-5655	37	18	currency	currency	NOUN
fueconorg-5655	37	19	can	can	AUX
fueconorg-5655	37	20	not	not	PART
fueconorg-5655	37	21	fit	fit	VERB
fueconorg-5655	37	22	all	all	PRON
fueconorg-5655	37	23	unless	unless	SCONJ
fueconorg-5655	37	24	the	the	DET
fueconorg-5655	37	25	member	member	NOUN
fueconorg-5655	37	26	countries	country	NOUN
fueconorg-5655	37	27	move	move	VERB
fueconorg-5655	37	28	swiftly	swiftly	ADV
fueconorg-5655	37	29	to	to	PART
fueconorg-5655	37	30	address	address	VERB
fueconorg-5655	37	31	the	the	DET
fueconorg-5655	37	32	underlying	underlie	VERB
fueconorg-5655	37	33	causes	cause	NOUN
fueconorg-5655	37	34	of	of	ADP
fueconorg-5655	37	35	economic	economic	ADJ
fueconorg-5655	37	36	divergence	divergence	NOUN
fueconorg-5655	37	37	(	(	PUNCT
fueconorg-5655	37	38	micossi	micossi	ADJ
fueconorg-5655	37	39	,	,	PUNCT
fueconorg-5655	37	40	2015	2015	NUM
fueconorg-5655	37	41	)	)	PUNCT
fueconorg-5655	37	42	.	.	PUNCT
fueconorg-5655	38	1	namely	namely	ADV
fueconorg-5655	38	2	,	,	PUNCT
fueconorg-5655	38	3	the	the	DET
fueconorg-5655	38	4	common	common	ADJ
fueconorg-5655	38	5	monetary	monetary	ADJ
fueconorg-5655	38	6	framework	framework	NOUN
fueconorg-5655	38	7	can	can	AUX
fueconorg-5655	38	8	not	not	PART
fueconorg-5655	38	9	function	function	VERB
fueconorg-5655	38	10	adequately	adequately	ADV
fueconorg-5655	38	11	with	with	ADP
fueconorg-5655	38	12	divergent	divergent	ADJ
fueconorg-5655	38	13	members	member	NOUN
fueconorg-5655	38	14	subject	subject	ADJ
fueconorg-5655	38	15	to	to	ADP
fueconorg-5655	38	16	asymmetric	asymmetric	ADJ
fueconorg-5655	38	17	shocks	shock	NOUN
fueconorg-5655	38	18	.	.	PUNCT
fueconorg-5655	39	1	nominal	nominal	ADJ
fueconorg-5655	39	2	and	and	CCONJ
fueconorg-5655	39	3	real	real	ADJ
fueconorg-5655	39	4	convergence	convergence	NOUN
fueconorg-5655	39	5	of	of	ADP
fueconorg-5655	39	6	economies	economy	NOUN
fueconorg-5655	39	7	is	be	AUX
fueconorg-5655	39	8	important	important	ADJ
fueconorg-5655	39	9	in	in	ADP
fueconorg-5655	39	10	analysing	analyse	VERB
fueconorg-5655	39	11	the	the	DET
fueconorg-5655	39	12	optimality	optimality	NOUN
fueconorg-5655	39	13	of	of	ADP
fueconorg-5655	39	14	the	the	DET
fueconorg-5655	39	15	ez	ez	PROPN
fueconorg-5655	39	16	because	because	SCONJ
fueconorg-5655	39	17	the	the	PRON
fueconorg-5655	39	18	closer	close	ADJ
fueconorg-5655	39	19	the	the	DET
fueconorg-5655	39	20	countries	country	NOUN
fueconorg-5655	39	21	are	be	AUX
fueconorg-5655	39	22	,	,	PUNCT
fueconorg-5655	39	23	the	the	DET
fueconorg-5655	39	24	more	more	ADV
fueconorg-5655	39	25	effective	effective	ADJ
fueconorg-5655	39	26	unique	unique	ADJ
fueconorg-5655	39	27	monetary	monetary	ADJ
fueconorg-5655	39	28	authority	authority	NOUN
fueconorg-5655	39	29	will	will	AUX
fueconorg-5655	39	30	be	be	AUX
fueconorg-5655	39	31	.	.	PUNCT
fueconorg-5655	40	1	more	more	ADV
fueconorg-5655	40	2	effective	effective	ADJ
fueconorg-5655	40	3	monetary	monetary	ADJ
fueconorg-5655	40	4	authority	authority	NOUN
fueconorg-5655	40	5	implies	imply	VERB
fueconorg-5655	40	6	its	its	PRON
fueconorg-5655	40	7	successful	successful	ADJ
fueconorg-5655	40	8	counter	counter	NOUN
fueconorg-5655	40	9	-	-	ADJ
fueconorg-5655	40	10	cyclical	cyclical	ADJ
fueconorg-5655	40	11	or	or	CCONJ
fueconorg-5655	40	12	stabilizing	stabilize	VERB
fueconorg-5655	40	13	effect	effect	NOUN
fueconorg-5655	40	14	.	.	PUNCT
fueconorg-5655	41	1	real	real	ADJ
fueconorg-5655	41	2	convergence	convergence	NOUN
fueconorg-5655	41	3	is	be	AUX
fueconorg-5655	41	4	primarily	primarily	ADV
fueconorg-5655	41	5	related	relate	VERB
fueconorg-5655	41	6	to	to	ADP
fueconorg-5655	41	7	rising	rise	VERB
fueconorg-5655	41	8	gdp	gdp	NOUN
fueconorg-5655	41	9	growth	growth	NOUN
fueconorg-5655	41	10	rates	rate	NOUN
fueconorg-5655	41	11	in	in	ADP
fueconorg-5655	41	12	the	the	DET
fueconorg-5655	41	13	process	process	NOUN
fueconorg-5655	41	14	of	of	ADP
fueconorg-5655	41	15	catching	catch	VERB
fueconorg-5655	41	16	up	up	ADP
fueconorg-5655	41	17	with	with	ADP
fueconorg-5655	41	18	developed	developed	ADJ
fueconorg-5655	41	19	ez	ez	PROPN
fueconorg-5655	41	20	members	member	NOUN
fueconorg-5655	41	21	,	,	PUNCT
fueconorg-5655	41	22	including	include	VERB
fueconorg-5655	41	23	narrowing	narrow	VERB
fueconorg-5655	41	24	differences	difference	NOUN
fueconorg-5655	41	25	of	of	ADP
fueconorg-5655	41	26	gdp	gdp	NOUN
fueconorg-5655	41	27	per	per	ADP
fueconorg-5655	41	28	capita	capita	NOUN
fueconorg-5655	41	29	and	and	CCONJ
fueconorg-5655	41	30	productivity	productivity	NOUN
fueconorg-5655	41	31	.	.	PUNCT
fueconorg-5655	42	1	the	the	DET
fueconorg-5655	42	2	maastricht	maastricht	PROPN
fueconorg-5655	42	3	criteria	criterion	NOUN
fueconorg-5655	42	4	emphasize	emphasize	VERB
fueconorg-5655	42	5	nominal	nominal	ADJ
fueconorg-5655	42	6	convergence	convergence	NOUN
fueconorg-5655	42	7	defined	define	VERB
fueconorg-5655	42	8	through	through	ADP
fueconorg-5655	42	9	nominal	nominal	ADJ
fueconorg-5655	42	10	variables	variable	NOUN
fueconorg-5655	42	11	of	of	ADP
fueconorg-5655	42	12	inflation	inflation	NOUN
fueconorg-5655	42	13	,	,	PUNCT
fueconorg-5655	42	14	interest	interest	NOUN
fueconorg-5655	42	15	rates	rate	NOUN
fueconorg-5655	42	16	,	,	PUNCT
fueconorg-5655	42	17	exchange	exchange	NOUN
fueconorg-5655	42	18	rates	rate	NOUN
fueconorg-5655	42	19	,	,	PUNCT
fueconorg-5655	42	20	public	public	ADJ
fueconorg-5655	42	21	debt	debt	NOUN
fueconorg-5655	42	22	and	and	CCONJ
fueconorg-5655	42	23	budget	budget	NOUN
fueconorg-5655	42	24	deficits	deficit	NOUN
fueconorg-5655	42	25	.	.	PUNCT
fueconorg-5655	43	1	oca	oca	NOUN
fueconorg-5655	43	2	theory	theory	NOUN
fueconorg-5655	43	3	stresses	stress	VERB
fueconorg-5655	43	4	the	the	DET
fueconorg-5655	43	5	degree	degree	NOUN
fueconorg-5655	43	6	to	to	PART
fueconorg-5655	43	7	which	which	PRON
fueconorg-5655	43	8	real	real	ADJ
fueconorg-5655	43	9	convergence	convergence	NOUN
fueconorg-5655	43	10	is	be	AUX
fueconorg-5655	43	11	sufficient	sufficient	ADJ
fueconorg-5655	43	12	to	to	PART
fueconorg-5655	43	13	allow	allow	VERB
fueconorg-5655	43	14	economies	economy	NOUN
fueconorg-5655	43	15	to	to	PART
fueconorg-5655	43	16	function	function	VERB
fueconorg-5655	43	17	synchronously	synchronously	ADV
fueconorg-5655	43	18	within	within	ADP
fueconorg-5655	43	19	the	the	DET
fueconorg-5655	43	20	ez	ez	PROPN
fueconorg-5655	43	21	in	in	ADP
fueconorg-5655	43	22	order	order	NOUN
fueconorg-5655	43	23	to	to	PART
fueconorg-5655	43	24	reduce	reduce	VERB
fueconorg-5655	43	25	the	the	DET
fueconorg-5655	43	26	risk	risk	NOUN
fueconorg-5655	43	27	of	of	ADP
fueconorg-5655	43	28	asymmetric	asymmetric	ADJ
fueconorg-5655	43	29	shocks	shock	NOUN
fueconorg-5655	43	30	(	(	PUNCT
fueconorg-5655	43	31	auf	auf	PROPN
fueconorg-5655	43	32	dem	dem	PROPN
fueconorg-5655	43	33	brinke	brinke	PROPN
fueconorg-5655	43	34	,	,	PUNCT
fueconorg-5655	43	35	enderlein	enderlein	ADJ
fueconorg-5655	43	36	,	,	PUNCT
fueconorg-5655	43	37	&	&	CCONJ
fueconorg-5655	43	38	fritz	fritz	PROPN
fueconorg-5655	43	39	-	-	PUNCT
fueconorg-5655	43	40	vannahme	vannahme	NOUN
fueconorg-5655	43	41	,	,	PUNCT
fueconorg-5655	43	42	2015	2015	NUM
fueconorg-5655	43	43	;	;	PUNCT
fueconorg-5655	43	44	franks	frank	NOUN
fueconorg-5655	43	45	et	et	PROPN
fueconorg-5655	43	46	al	al	PROPN
fueconorg-5655	43	47	.	.	PROPN
fueconorg-5655	43	48	,	,	PUNCT
fueconorg-5655	43	49	2018	2018	NUM
fueconorg-5655	43	50	)	)	PUNCT
fueconorg-5655	43	51	.	.	PUNCT
fueconorg-5655	44	1	it	it	PRON
fueconorg-5655	44	2	is	be	AUX
fueconorg-5655	44	3	a	a	DET
fueconorg-5655	44	4	well	well	ADV
fueconorg-5655	44	5	-	-	PUNCT
fueconorg-5655	44	6	known	know	VERB
fueconorg-5655	44	7	fact	fact	NOUN
fueconorg-5655	44	8	that	that	SCONJ
fueconorg-5655	44	9	countries	country	NOUN
fueconorg-5655	44	10	in	in	ADP
fueconorg-5655	44	11	the	the	DET
fueconorg-5655	44	12	ez	ez	PROPN
fueconorg-5655	44	13	are	be	AUX
fueconorg-5655	44	14	extremely	extremely	ADV
fueconorg-5655	44	15	heterogeneous	heterogeneous	ADJ
fueconorg-5655	44	16	from	from	ADP
fueconorg-5655	44	17	an	an	DET
fueconorg-5655	44	18	economic	economic	ADJ
fueconorg-5655	44	19	viewpoint	viewpoint	NOUN
fueconorg-5655	44	20	.	.	PUNCT
fueconorg-5655	45	1	countries	country	NOUN
fueconorg-5655	45	2	with	with	ADP
fueconorg-5655	45	3	large	large	ADJ
fueconorg-5655	45	4	external	external	ADJ
fueconorg-5655	45	5	surpluses	surplus	NOUN
fueconorg-5655	45	6	,	,	PUNCT
fueconorg-5655	45	7	high	high	ADJ
fueconorg-5655	45	8	gdp	gdp	NOUN
fueconorg-5655	45	9	per	per	ADP
fueconorg-5655	45	10	capita	capita	NOUN
fueconorg-5655	45	11	levels	level	NOUN
fueconorg-5655	45	12	,	,	PUNCT
fueconorg-5655	45	13	good	good	ADJ
fueconorg-5655	45	14	gdp	gdp	NOUN
fueconorg-5655	45	15	growth	growth	NOUN
fueconorg-5655	45	16	rates	rate	NOUN
fueconorg-5655	45	17	and	and	CCONJ
fueconorg-5655	45	18	low	low	ADJ
fueconorg-5655	45	19	unemployment	unemployment	NOUN
fueconorg-5655	45	20	rates	rate	NOUN
fueconorg-5655	45	21	coexist	coexist	VERB
fueconorg-5655	45	22	with	with	ADP
fueconorg-5655	45	23	others	other	NOUN
fueconorg-5655	45	24	faring	fare	VERB
fueconorg-5655	45	25	worse	bad	ADJ
fueconorg-5655	45	26	along	along	ADP
fueconorg-5655	45	27	several	several	ADJ
fueconorg-5655	45	28	of	of	ADP
fueconorg-5655	45	29	such	such	ADJ
fueconorg-5655	45	30	economic	economic	ADJ
fueconorg-5655	45	31	indicators	indicator	NOUN
fueconorg-5655	45	32	(	(	PUNCT
fueconorg-5655	45	33	bonatti	bonatti	PROPN
fueconorg-5655	45	34	&	&	CCONJ
fueconorg-5655	45	35	fracasso	fracasso	PROPN
fueconorg-5655	45	36	,	,	PUNCT
fueconorg-5655	45	37	2017	2017	NUM
fueconorg-5655	45	38	)	)	PUNCT
fueconorg-5655	45	39	.	.	PUNCT
fueconorg-5655	46	1	the	the	DET
fueconorg-5655	46	2	descriptive	descriptive	ADJ
fueconorg-5655	46	3	analysis	analysis	NOUN
fueconorg-5655	46	4	that	that	PRON
fueconorg-5655	46	5	follows	follow	VERB
fueconorg-5655	46	6	will	will	AUX
fueconorg-5655	46	7	first	first	ADV
fueconorg-5655	46	8	look	look	VERB
fueconorg-5655	46	9	at	at	ADP
fueconorg-5655	46	10	the	the	DET
fueconorg-5655	46	11	divergence	divergence	NOUN
fueconorg-5655	46	12	of	of	ADP
fueconorg-5655	46	13	the	the	DET
fueconorg-5655	46	14	initial	initial	ADJ
fueconorg-5655	46	15	member	member	NOUN
fueconorg-5655	46	16	states	state	NOUN
fueconorg-5655	46	17	(	(	PUNCT
fueconorg-5655	46	18	ez12	ez12	PROPN
fueconorg-5655	46	19	)	)	PUNCT
fueconorg-5655	46	20	in	in	ADP
fueconorg-5655	46	21	relation	relation	NOUN
fueconorg-5655	46	22	to	to	ADP
fueconorg-5655	46	23	the	the	DET
fueconorg-5655	46	24	core	core	NOUN
fueconorg-5655	46	25	-	-	PUNCT
fueconorg-5655	46	26	periphery	periphery	NOUN
fueconorg-5655	46	27	ez12	ez12	PROPN
fueconorg-5655	46	28	.	.	PUNCT
fueconorg-5655	47	1	the	the	DET
fueconorg-5655	47	2	core	core	NOUN
fueconorg-5655	47	3	of	of	ADP
fueconorg-5655	47	4	ez12	ez12	PROPN
fueconorg-5655	47	5	consists	consist	VERB
fueconorg-5655	47	6	of	of	ADP
fueconorg-5655	47	7	germany	germany	PROPN
fueconorg-5655	47	8	,	,	PUNCT
fueconorg-5655	47	9	france	france	PROPN
fueconorg-5655	47	10	,	,	PUNCT
fueconorg-5655	47	11	austria	austria	PROPN
fueconorg-5655	47	12	,	,	PUNCT
fueconorg-5655	47	13	belgium	belgium	PROPN
fueconorg-5655	47	14	,	,	PUNCT
fueconorg-5655	47	15	the	the	DET
fueconorg-5655	47	16	netherlands	netherlands	PROPN
fueconorg-5655	47	17	,	,	PUNCT
fueconorg-5655	47	18	luxembourg	luxembourg	PROPN
fueconorg-5655	47	19	,	,	PUNCT
fueconorg-5655	47	20	finland	finland	PROPN
fueconorg-5655	47	21	,	,	PUNCT
fueconorg-5655	47	22	while	while	SCONJ
fueconorg-5655	47	23	the	the	DET
fueconorg-5655	47	24	periphery	periphery	NOUN
fueconorg-5655	47	25	of	of	ADP
fueconorg-5655	47	26	ez12	ez12	PROPN
fueconorg-5655	47	27	are	be	AUX
fueconorg-5655	47	28	represented	represent	VERB
fueconorg-5655	47	29	by	by	ADP
fueconorg-5655	47	30	greece	greece	PROPN
fueconorg-5655	47	31	,	,	PUNCT
fueconorg-5655	47	32	spain	spain	PROPN
fueconorg-5655	47	33	,	,	PUNCT
fueconorg-5655	47	34	italy	italy	PROPN
fueconorg-5655	47	35	,	,	PUNCT
fueconorg-5655	47	36	portugal	portugal	PROPN
fueconorg-5655	47	37	and	and	CCONJ
fueconorg-5655	47	38	ireland	ireland	PROPN
fueconorg-5655	47	39	.	.	PUNCT
fueconorg-5655	48	1	the	the	DET
fueconorg-5655	48	2	emerging	emerge	VERB
fueconorg-5655	48	3	part	part	NOUN
fueconorg-5655	48	4	of	of	ADP
fueconorg-5655	48	5	ez19	ez19	PROPN
fueconorg-5655	48	6	consists	consist	VERB
fueconorg-5655	48	7	of	of	ADP
fueconorg-5655	48	8	the	the	DET
fueconorg-5655	48	9	later	later	ADV
fueconorg-5655	48	10	integrated	integrate	VERB
fueconorg-5655	48	11	economies	economy	NOUN
fueconorg-5655	48	12	,	,	PUNCT
fueconorg-5655	48	13	that	that	ADV
fueconorg-5655	48	14	is	is	ADV
fueconorg-5655	48	15	,	,	PUNCT
fueconorg-5655	48	16	the	the	DET
fueconorg-5655	48	17	former	former	ADJ
fueconorg-5655	48	18	transition	transition	NOUN
fueconorg-5655	48	19	countries	country	NOUN
fueconorg-5655	48	20	.	.	PUNCT
fueconorg-5655	49	1	emerging	emerge	VERB
fueconorg-5655	49	2	ez	ez	PROPN
fueconorg-5655	49	3	economies	economy	NOUN
fueconorg-5655	49	4	are	be	AUX
fueconorg-5655	49	5	slovenia	slovenia	PROPN
fueconorg-5655	49	6	(	(	PUNCT
fueconorg-5655	49	7	since	since	SCONJ
fueconorg-5655	49	8	2007	2007	NUM
fueconorg-5655	49	9	)	)	PUNCT
fueconorg-5655	49	10	,	,	PUNCT
fueconorg-5655	49	11	cyprus	cyprus	PROPN
fueconorg-5655	49	12	and	and	CCONJ
fueconorg-5655	49	13	malta	malta	PROPN
fueconorg-5655	49	14	(	(	PUNCT
fueconorg-5655	49	15	since	since	SCONJ
fueconorg-5655	49	16	2008	2008	NUM
fueconorg-5655	49	17	)	)	PUNCT
fueconorg-5655	49	18	,	,	PUNCT
fueconorg-5655	49	19	slovakia	slovakia	PROPN
fueconorg-5655	49	20	(	(	PUNCT
fueconorg-5655	49	21	since	since	SCONJ
fueconorg-5655	49	22	2009	2009	NUM
fueconorg-5655	49	23	)	)	PUNCT
fueconorg-5655	49	24	,	,	PUNCT
fueconorg-5655	49	25	estonia	estonia	PROPN
fueconorg-5655	49	26	(	(	PUNCT
fueconorg-5655	49	27	since	since	SCONJ
fueconorg-5655	49	28	2011	2011	NUM
fueconorg-5655	49	29	)	)	PUNCT
fueconorg-5655	49	30	,	,	PUNCT
fueconorg-5655	49	31	latvia	latvia	PROPN
fueconorg-5655	49	32	(	(	PUNCT
fueconorg-5655	49	33	since	since	SCONJ
fueconorg-5655	49	34	2014	2014	NUM
fueconorg-5655	49	35	)	)	PUNCT
fueconorg-5655	49	36	and	and	CCONJ
fueconorg-5655	49	37	lithuania	lithuania	PROPN
fueconorg-5655	49	38	(	(	PUNCT
fueconorg-5655	49	39	since	since	SCONJ
fueconorg-5655	49	40	2015	2015	NUM
fueconorg-5655	49	41	)	)	PUNCT
fueconorg-5655	49	42	.	.	PUNCT
fueconorg-5655	50	1	2.1	2.1	NUM
fueconorg-5655	50	2	.	.	PUNCT
fueconorg-5655	50	3	nominal	nominal	PROPN
fueconorg-5655	50	4	ez	ez	PROPN
fueconorg-5655	50	5	divergence	divergence	NOUN
fueconorg-5655	50	6	given	give	VERB
fueconorg-5655	50	7	the	the	DET
fueconorg-5655	50	8	ecb	ecb	NOUN
fueconorg-5655	50	9	's	's	PART
fueconorg-5655	50	10	strict	strict	ADJ
fueconorg-5655	50	11	anti	anti	ADJ
fueconorg-5655	50	12	-	-	ADJ
fueconorg-5655	50	13	inflation	inflation	ADJ
fueconorg-5655	50	14	policy	policy	NOUN
fueconorg-5655	50	15	,	,	PUNCT
fueconorg-5655	50	16	the	the	DET
fueconorg-5655	50	17	inflation	inflation	NOUN
fueconorg-5655	50	18	rate	rate	NOUN
fueconorg-5655	50	19	converges	converge	NOUN
fueconorg-5655	50	20	(	(	PUNCT
fueconorg-5655	50	21	figure	figure	NOUN
fueconorg-5655	50	22	1	1	NUM
fueconorg-5655	50	23	,	,	PUNCT
fueconorg-5655	50	24	left	leave	VERB
fueconorg-5655	50	25	)	)	PUNCT
fueconorg-5655	50	26	between	between	ADP
fueconorg-5655	50	27	the	the	DET
fueconorg-5655	50	28	periphery	periphery	NOUN
fueconorg-5655	50	29	,	,	PUNCT
fueconorg-5655	50	30	core	core	NOUN
fueconorg-5655	50	31	and	and	CCONJ
fueconorg-5655	50	32	emerging	emerge	VERB
fueconorg-5655	50	33	ez	ez	PROPN
fueconorg-5655	50	34	members	member	NOUN
fueconorg-5655	50	35	in	in	ADP
fueconorg-5655	50	36	the	the	DET
fueconorg-5655	50	37	period	period	NOUN
fueconorg-5655	50	38	2007	2007	NUM
fueconorg-5655	50	39	-	-	SYM
fueconorg-5655	50	40	2018	2018	NUM
fueconorg-5655	50	41	.	.	PUNCT
fueconorg-5655	51	1	prior	prior	ADV
fueconorg-5655	51	2	to	to	ADP
fueconorg-5655	51	3	the	the	DET
fueconorg-5655	51	4	accession	accession	NOUN
fueconorg-5655	51	5	of	of	ADP
fueconorg-5655	51	6	the	the	DET
fueconorg-5655	51	7	emerging	emerge	VERB
fueconorg-5655	51	8	ez	ez	ADJ
fueconorg-5655	51	9	economies	economy	NOUN
fueconorg-5655	51	10	(	(	PUNCT
fueconorg-5655	51	11	2007	2007	NUM
fueconorg-5655	51	12	-	-	SYM
fueconorg-5655	51	13	2015	2015	NUM
fueconorg-5655	51	14	)	)	PUNCT
fueconorg-5655	51	15	,	,	PUNCT
fueconorg-5655	51	16	their	their	PRON
fueconorg-5655	51	17	significant	significant	ADJ
fueconorg-5655	51	18	deviation	deviation	NOUN
fueconorg-5655	51	19	was	be	AUX
fueconorg-5655	51	20	evident	evident	ADJ
fueconorg-5655	51	21	,	,	PUNCT
fueconorg-5655	51	22	but	but	CCONJ
fueconorg-5655	51	23	monetary	monetary	ADJ
fueconorg-5655	51	24	convergence	convergence	NOUN
fueconorg-5655	51	25	and	and	CCONJ
fueconorg-5655	51	26	meeting	meet	VERB
fueconorg-5655	51	27	the	the	DET
fueconorg-5655	51	28	maastricht	maastricht	PROPN
fueconorg-5655	51	29	convergence	convergence	NOUN
fueconorg-5655	51	30	criterion	criterion	NOUN
fueconorg-5655	51	31	led	lead	VERB
fueconorg-5655	51	32	to	to	PART
fueconorg-5655	51	33	accelerated	accelerate	VERB
fueconorg-5655	51	34	adjustment	adjustment	NOUN
fueconorg-5655	51	35	to	to	ADP
fueconorg-5655	51	36	the	the	DET
fueconorg-5655	51	37	rest	rest	NOUN
fueconorg-5655	51	38	of	of	ADP
fueconorg-5655	51	39	the	the	DET
fueconorg-5655	51	40	ez	ez	PROPN
fueconorg-5655	51	41	.	.	PUNCT
fueconorg-5655	52	1	the	the	DET
fueconorg-5655	52	2	overview	overview	NOUN
fueconorg-5655	52	3	of	of	ADP
fueconorg-5655	52	4	inflation	inflation	NOUN
fueconorg-5655	52	5	stability	stability	NOUN
fueconorg-5655	52	6	in	in	ADP
fueconorg-5655	52	7	2018	2018	NUM
fueconorg-5655	52	8	indicates	indicate	VERB
fueconorg-5655	52	9	the	the	DET
fueconorg-5655	52	10	persistence	persistence	NOUN
fueconorg-5655	52	11	of	of	ADP
fueconorg-5655	52	12	differences	difference	NOUN
fueconorg-5655	52	13	(	(	PUNCT
fueconorg-5655	52	14	figure	figure	NOUN
fueconorg-5655	52	15	1	1	NUM
fueconorg-5655	52	16	,	,	PUNCT
fueconorg-5655	52	17	right	right	ADJ
fueconorg-5655	52	18	)	)	PUNCT
fueconorg-5655	52	19	.	.	PUNCT
fueconorg-5655	53	1	the	the	DET
fueconorg-5655	53	2	latest	late	ADJ
fueconorg-5655	53	3	figures	figure	NOUN
fueconorg-5655	53	4	indicate	indicate	VERB
fueconorg-5655	53	5	that	that	SCONJ
fueconorg-5655	53	6	in	in	ADP
fueconorg-5655	53	7	2018	2018	NUM
fueconorg-5655	53	8	the	the	DET
fueconorg-5655	53	9	average	average	ADJ
fueconorg-5655	53	10	inflation	inflation	NOUN
fueconorg-5655	53	11	rate	rate	NOUN
fueconorg-5655	53	12	in	in	ADP
fueconorg-5655	53	13	the	the	DET
fueconorg-5655	53	14	ez	ez	PROPN
fueconorg-5655	53	15	was	be	AUX
fueconorg-5655	53	16	1.8	1.8	NUM
fueconorg-5655	53	17	%	%	NOUN
fueconorg-5655	53	18	,	,	PUNCT
fueconorg-5655	53	19	which	which	PRON
fueconorg-5655	53	20	is	be	AUX
fueconorg-5655	53	21	in	in	ADP
fueconorg-5655	53	22	line	line	NOUN
fueconorg-5655	53	23	with	with	ADP
fueconorg-5655	53	24	the	the	DET
fueconorg-5655	53	25	ecb	ecb	NOUN
fueconorg-5655	53	26	's	's	PART
fueconorg-5655	53	27	proclaimed	proclaim	VERB
fueconorg-5655	53	28	monetary	monetary	ADJ
fueconorg-5655	53	29	strategy	strategy	NOUN
fueconorg-5655	53	30	.	.	PUNCT
fueconorg-5655	54	1	however	however	ADV
fueconorg-5655	54	2	,	,	PUNCT
fueconorg-5655	54	3	there	there	PRON
fueconorg-5655	54	4	is	be	VERB
fueconorg-5655	54	5	a	a	DET
fueconorg-5655	54	6	clear	clear	ADJ
fueconorg-5655	54	7	difference	difference	NOUN
fueconorg-5655	54	8	of	of	ADP
fueconorg-5655	54	9	about	about	ADV
fueconorg-5655	54	10	three	three	NUM
fueconorg-5655	54	11	percentage	percentage	NOUN
fueconorg-5655	54	12	points	point	NOUN
fueconorg-5655	54	13	between	between	ADP
fueconorg-5655	54	14	the	the	DET
fueconorg-5655	54	15	least	least	ADJ
fueconorg-5655	54	16	inflationary	inflationary	ADJ
fueconorg-5655	54	17	economy	economy	NOUN
fueconorg-5655	54	18	(	(	PUNCT
fueconorg-5655	54	19	ireland	ireland	NOUN
fueconorg-5655	54	20	0.7	0.7	NUM
fueconorg-5655	54	21	%	%	NOUN
fueconorg-5655	54	22	)	)	PUNCT
fueconorg-5655	54	23	and	and	CCONJ
fueconorg-5655	54	24	the	the	DET
fueconorg-5655	54	25	most	most	ADV
fueconorg-5655	54	26	inflationary	inflationary	ADJ
fueconorg-5655	54	27	economy	economy	NOUN
fueconorg-5655	54	28	(	(	PUNCT
fueconorg-5655	54	29	estonia	estonia	PROPN
fueconorg-5655	54	30	3.4	3.4	NUM
fueconorg-5655	54	31	%	%	NOUN
fueconorg-5655	54	32	)	)	PUNCT
fueconorg-5655	54	33	.	.	PUNCT
fueconorg-5655	55	1	greater	great	ADJ
fueconorg-5655	55	2	convergence	convergence	NOUN
fueconorg-5655	55	3	of	of	ADP
fueconorg-5655	55	4	interest	interest	NOUN
fueconorg-5655	55	5	rates	rate	NOUN
fueconorg-5655	55	6	than	than	SCONJ
fueconorg-5655	55	7	inflation	inflation	NOUN
fueconorg-5655	55	8	produced	produce	VERB
fueconorg-5655	55	9	lower	low	ADJ
fueconorg-5655	55	10	real	real	ADJ
fueconorg-5655	55	11	interest	interest	NOUN
fueconorg-5655	55	12	rates	rate	NOUN
fueconorg-5655	55	13	during	during	ADP
fueconorg-5655	55	14	the	the	DET
fueconorg-5655	55	15	early	early	ADJ
fueconorg-5655	55	16	years	year	NOUN
fueconorg-5655	55	17	of	of	ADP
fueconorg-5655	55	18	the	the	DET
fueconorg-5655	55	19	ez	ez	PROPN
fueconorg-5655	55	20	,	,	PUNCT
fueconorg-5655	55	21	helping	help	VERB
fueconorg-5655	55	22	to	to	PART
fueconorg-5655	55	23	fuel	fuel	VERB
fueconorg-5655	55	24	unsustainable	unsustainable	ADJ
fueconorg-5655	55	25	capital	capital	NOUN
fueconorg-5655	55	26	inflows	inflow	NOUN
fueconorg-5655	55	27	into	into	ADP
fueconorg-5655	55	28	lower	low	ADJ
fueconorg-5655	55	29	income	income	NOUN
fueconorg-5655	55	30	countries	country	NOUN
fueconorg-5655	55	31	.	.	PUNCT
fueconorg-5655	56	1	however	however	ADV
fueconorg-5655	56	2	,	,	PUNCT
fueconorg-5655	56	3	the	the	DET
fueconorg-5655	56	4	divergence	divergence	NOUN
fueconorg-5655	56	5	of	of	ADP
fueconorg-5655	56	6	the	the	DET
fueconorg-5655	56	7	nominal	nominal	ADJ
fueconorg-5655	56	8	interest	interest	NOUN
fueconorg-5655	56	9	rate	rate	NOUN
fueconorg-5655	56	10	variable	variable	NOUN
fueconorg-5655	56	11	(	(	PUNCT
fueconorg-5655	56	12	another	another	DET
fueconorg-5655	56	13	maastricht	maastricht	PROPN
fueconorg-5655	56	14	criterion	criterion	NOUN
fueconorg-5655	56	15	)	)	PUNCT
fueconorg-5655	56	16	is	be	AUX
fueconorg-5655	56	17	particularly	particularly	ADV
fueconorg-5655	56	18	pronounced	pronounce	VERB
fueconorg-5655	56	19	in	in	ADP
fueconorg-5655	56	20	the	the	DET
fueconorg-5655	56	21	post	post	ADJ
fueconorg-5655	56	22	-	-	ADJ
fueconorg-5655	56	23	crisis	crisis	ADJ
fueconorg-5655	56	24	period	period	NOUN
fueconorg-5655	56	25	(	(	PUNCT
fueconorg-5655	56	26	figure	figure	NOUN
fueconorg-5655	56	27	2	2	NUM
fueconorg-5655	56	28	)	)	PUNCT
fueconorg-5655	56	29	.	.	PUNCT
fueconorg-5655	57	1	markets	market	NOUN
fueconorg-5655	57	2	were	be	AUX
fueconorg-5655	57	3	"	"	PUNCT
fueconorg-5655	57	4	blind	blind	ADJ
fueconorg-5655	57	5	"	"	PUNCT
fueconorg-5655	57	6	to	to	ADP
fueconorg-5655	57	7	whether	whether	SCONJ
fueconorg-5655	57	8	the	the	DET
fueconorg-5655	57	9	ez	ez	PROPN
fueconorg-5655	57	10	was	be	AUX
fueconorg-5655	57	11	truly	truly	ADV
fueconorg-5655	57	12	an	an	DET
fueconorg-5655	57	13	oca	oca	NOUN
fueconorg-5655	57	14	due	due	ADP
fueconorg-5655	57	15	to	to	ADP
fueconorg-5655	57	16	the	the	DET
fueconorg-5655	57	17	prevailing	prevail	VERB
fueconorg-5655	57	18	assumption	assumption	NOUN
fueconorg-5655	57	19	that	that	SCONJ
fueconorg-5655	57	20	a	a	DET
fueconorg-5655	57	21	common	common	ADJ
fueconorg-5655	57	22	currency	currency	NOUN
fueconorg-5655	57	23	entails	entail	VERB
fueconorg-5655	57	24	shared	shared	ADJ
fueconorg-5655	57	25	risk	risk	NOUN
fueconorg-5655	57	26	.	.	PUNCT
fueconorg-5655	58	1	nowhere	nowhere	ADV
fueconorg-5655	58	2	is	be	AUX
fueconorg-5655	58	3	this	this	DET
fueconorg-5655	58	4	false	false	ADJ
fueconorg-5655	58	5	assumption	assumption	NOUN
fueconorg-5655	58	6	more	more	ADV
fueconorg-5655	58	7	evident	evident	ADJ
fueconorg-5655	58	8	than	than	ADP
fueconorg-5655	58	9	in	in	ADP
fueconorg-5655	58	10	examining	examine	VERB
fueconorg-5655	58	11	the	the	DET
fueconorg-5655	58	12	interest	interest	NOUN
fueconorg-5655	58	13	rates	rate	NOUN
fueconorg-5655	58	14	of	of	ADP
fueconorg-5655	58	15	key	key	ADJ
fueconorg-5655	58	16	ez	ez	PROPN
fueconorg-5655	58	17	countries	country	NOUN
fueconorg-5655	58	18	(	(	PUNCT
fueconorg-5655	58	19	de	de	ADP
fueconorg-5655	58	20	larosičre	larosičre	NOUN
fueconorg-5655	58	21	,	,	PUNCT
fueconorg-5655	58	22	30	30	NUM
fueconorg-5655	58	23	e.	e.	PROPN
fueconorg-5655	58	24	beker	beker	PROPN
fueconorg-5655	58	25	pucar	pucar	PROPN
fueconorg-5655	58	26	,	,	PUNCT
fueconorg-5655	58	27	o.	o.	PROPN
fueconorg-5655	58	28	glavańki	glavańki	PROPN
fueconorg-5655	58	29	2012	2012	NUM
fueconorg-5655	58	30	)	)	PUNCT
fueconorg-5655	58	31	.	.	PUNCT
fueconorg-5655	59	1	due	due	ADP
fueconorg-5655	59	2	to	to	ADP
fueconorg-5655	59	3	shared	share	VERB
fueconorg-5655	59	4	risk	risk	NOUN
fueconorg-5655	59	5	beliefs	belief	NOUN
fueconorg-5655	59	6	,	,	PUNCT
fueconorg-5655	59	7	interest	interest	NOUN
fueconorg-5655	59	8	rates	rate	NOUN
fueconorg-5655	59	9	of	of	ADP
fueconorg-5655	59	10	ez	ez	PROPN
fueconorg-5655	59	11	countries	country	NOUN
fueconorg-5655	59	12	,	,	PUNCT
fueconorg-5655	59	13	from	from	ADP
fueconorg-5655	59	14	germany	germany	PROPN
fueconorg-5655	59	15	to	to	ADP
fueconorg-5655	59	16	greece	greece	PROPN
fueconorg-5655	59	17	,	,	PUNCT
fueconorg-5655	59	18	were	be	AUX
fueconorg-5655	59	19	on	on	ADP
fueconorg-5655	59	20	an	an	DET
fueconorg-5655	59	21	almost	almost	ADV
fueconorg-5655	59	22	identical	identical	ADJ
fueconorg-5655	59	23	trajectory	trajectory	NOUN
fueconorg-5655	59	24	in	in	ADP
fueconorg-5655	59	25	the	the	DET
fueconorg-5655	59	26	period	period	NOUN
fueconorg-5655	59	27	2000	2000	NUM
fueconorg-5655	59	28	-	-	SYM
fueconorg-5655	59	29	2009	2009	NUM
fueconorg-5655	59	30	.	.	PUNCT
fueconorg-5655	60	1	it	it	PRON
fueconorg-5655	60	2	is	be	AUX
fueconorg-5655	60	3	only	only	ADV
fueconorg-5655	60	4	in	in	ADP
fueconorg-5655	60	5	2009	2009	NUM
fueconorg-5655	60	6	that	that	PRON
fueconorg-5655	60	7	markets	market	VERB
fueconorg-5655	60	8	"	"	PUNCT
fueconorg-5655	60	9	woke	wake	VERB
fueconorg-5655	60	10	up	up	ADP
fueconorg-5655	60	11	"	"	PUNCT
fueconorg-5655	60	12	with	with	ADP
fueconorg-5655	60	13	the	the	DET
fueconorg-5655	60	14	understanding	understanding	NOUN
fueconorg-5655	60	15	that	that	SCONJ
fueconorg-5655	60	16	greek	greek	ADJ
fueconorg-5655	60	17	bonds	bond	NOUN
fueconorg-5655	60	18	(	(	PUNCT
fueconorg-5655	60	19	later	later	ADJ
fueconorg-5655	60	20	bonds	bond	NOUN
fueconorg-5655	60	21	of	of	ADP
fueconorg-5655	60	22	other	other	ADJ
fueconorg-5655	60	23	periphery	periphery	ADJ
fueconorg-5655	60	24	economies	economy	NOUN
fueconorg-5655	60	25	)	)	PUNCT
fueconorg-5655	60	26	are	be	AUX
fueconorg-5655	60	27	not	not	PART
fueconorg-5655	60	28	as	as	ADV
fueconorg-5655	60	29	secure	secure	ADJ
fueconorg-5655	60	30	as	as	ADP
fueconorg-5655	60	31	bonds	bond	NOUN
fueconorg-5655	60	32	of	of	ADP
fueconorg-5655	60	33	other	other	ADJ
fueconorg-5655	60	34	ez	ez	PROPN
fueconorg-5655	60	35	countries	country	NOUN
fueconorg-5655	60	36	,	,	PUNCT
fueconorg-5655	60	37	mainly	mainly	ADV
fueconorg-5655	60	38	as	as	ADP
fueconorg-5655	60	39	a	a	DET
fueconorg-5655	60	40	result	result	NOUN
fueconorg-5655	60	41	of	of	ADP
fueconorg-5655	60	42	divergences	divergence	NOUN
fueconorg-5655	60	43	between	between	ADP
fueconorg-5655	60	44	ez	ez	PROPN
fueconorg-5655	60	45	members	member	NOUN
fueconorg-5655	60	46	.	.	PUNCT
fueconorg-5655	61	1	when	when	SCONJ
fueconorg-5655	61	2	markets	market	NOUN
fueconorg-5655	61	3	"	"	PUNCT
fueconorg-5655	61	4	awoke	awake	VERB
fueconorg-5655	61	5	"	"	PUNCT
fueconorg-5655	61	6	to	to	PART
fueconorg-5655	61	7	accept	accept	VERB
fueconorg-5655	61	8	the	the	DET
fueconorg-5655	61	9	reality	reality	NOUN
fueconorg-5655	61	10	of	of	ADP
fueconorg-5655	61	11	the	the	DET
fueconorg-5655	61	12	divergence	divergence	NOUN
fueconorg-5655	61	13	of	of	ADP
fueconorg-5655	61	14	ez	ez	PROPN
fueconorg-5655	61	15	countries	country	NOUN
fueconorg-5655	61	16	in	in	ADP
fueconorg-5655	61	17	2009	2009	NUM
fueconorg-5655	61	18	and	and	CCONJ
fueconorg-5655	61	19	2010	2010	NUM
fueconorg-5655	61	20	,	,	PUNCT
fueconorg-5655	61	21	long	long	ADJ
fueconorg-5655	61	22	-	-	PUNCT
fueconorg-5655	61	23	term	term	NOUN
fueconorg-5655	61	24	interest	interest	NOUN
fueconorg-5655	61	25	rates	rate	NOUN
fueconorg-5655	61	26	diverged	diverge	VERB
fueconorg-5655	61	27	between	between	ADP
fueconorg-5655	61	28	countries	country	NOUN
fueconorg-5655	61	29	and	and	CCONJ
fueconorg-5655	61	30	rose	rise	VERB
fueconorg-5655	61	31	sharply	sharply	ADV
fueconorg-5655	61	32	for	for	ADP
fueconorg-5655	61	33	the	the	DET
fueconorg-5655	61	34	countries	country	NOUN
fueconorg-5655	61	35	considered	consider	VERB
fueconorg-5655	61	36	most	most	ADV
fueconorg-5655	61	37	at	at	ADP
fueconorg-5655	61	38	risk	risk	NOUN
fueconorg-5655	61	39	.	.	PUNCT
fueconorg-5655	62	1	fig	fig	NOUN
fueconorg-5655	62	2	.	.	PUNCT
fueconorg-5655	63	1	2	2	NUM
fueconorg-5655	64	1	the	the	DET
fueconorg-5655	64	2	divergence	divergence	NOUN
fueconorg-5655	64	3	of	of	ADP
fueconorg-5655	64	4	long	long	ADJ
fueconorg-5655	64	5	-	-	PUNCT
fueconorg-5655	64	6	run	run	NOUN
fueconorg-5655	64	7	interest	interest	NOUN
fueconorg-5655	64	8	rate	rate	NOUN
fueconorg-5655	64	9	(	(	PUNCT
fueconorg-5655	64	10	maastricht	maastricht	PROPN
fueconorg-5655	64	11	criteria	criteria	PROPN
fueconorg-5655	64	12	)	)	PUNCT
fueconorg-5655	64	13	in	in	ADP
fueconorg-5655	64	14	the	the	DET
fueconorg-5655	64	15	core	core	NOUN
fueconorg-5655	64	16	,	,	PUNCT
fueconorg-5655	64	17	periphery	periphery	NOUN
fueconorg-5655	64	18	and	and	CCONJ
fueconorg-5655	64	19	emerging	emerge	VERB
fueconorg-5655	64	20	part	part	NOUN
fueconorg-5655	64	21	of	of	ADP
fueconorg-5655	64	22	ez19	ez19	PROPN
fueconorg-5655	64	23	in	in	ADP
fueconorg-5655	64	24	the	the	DET
fueconorg-5655	64	25	period	period	NOUN
fueconorg-5655	64	26	2007	2007	NUM
fueconorg-5655	64	27	-	-	SYM
fueconorg-5655	64	28	2018	2018	NUM
fueconorg-5655	64	29	source	source	NOUN
fueconorg-5655	64	30	:	:	PUNCT
fueconorg-5655	64	31	authors	author	NOUN
fueconorg-5655	64	32	’	'	PUNCT
fueconorg-5655	64	33	review	review	NOUN
fueconorg-5655	64	34	based	base	VERB
fueconorg-5655	64	35	on	on	ADP
fueconorg-5655	64	36	yearly	yearly	ADJ
fueconorg-5655	64	37	eurostat	eurostat	PROPN
fueconorg-5655	64	38	data	datum	NOUN
fueconorg-5655	64	39	(	(	PUNCT
fueconorg-5655	64	40	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	64	41	)	)	PUNCT
fueconorg-5655	64	42	.	.	PUNCT
fueconorg-5655	65	1	fig	fig	NOUN
fueconorg-5655	65	2	.	.	PUNCT
fueconorg-5655	66	1	1	1	NUM
fueconorg-5655	66	2	inflation	inflation	NOUN
fueconorg-5655	66	3	rate	rate	NOUN
fueconorg-5655	66	4	for	for	ADP
fueconorg-5655	66	5	the	the	DET
fueconorg-5655	66	6	core	core	NOUN
fueconorg-5655	66	7	,	,	PUNCT
fueconorg-5655	66	8	periphery	periphery	NOUN
fueconorg-5655	66	9	and	and	CCONJ
fueconorg-5655	66	10	emerging	emerge	VERB
fueconorg-5655	66	11	part	part	NOUN
fueconorg-5655	66	12	of	of	ADP
fueconorg-5655	66	13	ez19	ez19	PROPN
fueconorg-5655	66	14	in	in	ADP
fueconorg-5655	66	15	the	the	DET
fueconorg-5655	66	16	period	period	NOUN
fueconorg-5655	66	17	2007	2007	NUM
fueconorg-5655	66	18	-	-	SYM
fueconorg-5655	66	19	2018	2018	NUM
fueconorg-5655	66	20	(	(	PUNCT
fueconorg-5655	66	21	left	leave	VERB
fueconorg-5655	66	22	)	)	PUNCT
fueconorg-5655	66	23	with	with	ADP
fueconorg-5655	66	24	the	the	DET
fueconorg-5655	66	25	overview	overview	NOUN
fueconorg-5655	66	26	in	in	ADP
fueconorg-5655	66	27	2018	2018	NUM
fueconorg-5655	66	28	(	(	PUNCT
fueconorg-5655	66	29	right	right	ADJ
fueconorg-5655	66	30	)	)	PUNCT
fueconorg-5655	66	31	source	source	NOUN
fueconorg-5655	66	32	:	:	PUNCT
fueconorg-5655	66	33	authors	author	NOUN
fueconorg-5655	66	34	’	'	PUNCT
fueconorg-5655	66	35	review	review	NOUN
fueconorg-5655	66	36	based	base	VERB
fueconorg-5655	66	37	on	on	ADP
fueconorg-5655	66	38	yearly	yearly	ADJ
fueconorg-5655	66	39	eurostat	eurostat	PROPN
fueconorg-5655	66	40	data	datum	NOUN
fueconorg-5655	66	41	(	(	PUNCT
fueconorg-5655	66	42	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	66	43	)	)	PUNCT
fueconorg-5655	66	44	.	.	PUNCT
fueconorg-5655	67	1	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	68	1	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	X
fueconorg-5655	68	2	macroeconomic	macroeconomic	ADJ
fueconorg-5655	68	3	divergences	divergence	NOUN
fueconorg-5655	68	4	and	and	CCONJ
fueconorg-5655	68	5	asymmetric	asymmetric	ADJ
fueconorg-5655	68	6	resonses	resonse	NOUN
fueconorg-5655	68	7	within	within	ADP
fueconorg-5655	68	8	the	the	DET
fueconorg-5655	68	9	euro	euro	NOUN
fueconorg-5655	68	10	-	-	PUNCT
fueconorg-5655	68	11	zone	zone	NOUN
fueconorg-5655	68	12	31	31	NUM
fueconorg-5655	68	13	having	have	VERB
fueconorg-5655	68	14	in	in	ADP
fueconorg-5655	68	15	mind	mind	NOUN
fueconorg-5655	68	16	that	that	SCONJ
fueconorg-5655	68	17	monetary	monetary	ADJ
fueconorg-5655	68	18	policy	policy	NOUN
fueconorg-5655	68	19	is	be	AUX
fueconorg-5655	68	20	not	not	PART
fueconorg-5655	68	21	under	under	ADP
fueconorg-5655	68	22	national	national	ADJ
fueconorg-5655	68	23	monetary	monetary	ADJ
fueconorg-5655	68	24	control	control	NOUN
fueconorg-5655	68	25	,	,	PUNCT
fueconorg-5655	68	26	excessive	excessive	ADJ
fueconorg-5655	68	27	fiscal	fiscal	ADJ
fueconorg-5655	68	28	easing	easing	NOUN
fueconorg-5655	68	29	was	be	AUX
fueconorg-5655	68	30	seen	see	VERB
fueconorg-5655	68	31	as	as	ADP
fueconorg-5655	68	32	the	the	DET
fueconorg-5655	68	33	main	main	ADJ
fueconorg-5655	68	34	problem	problem	NOUN
fueconorg-5655	68	35	within	within	ADP
fueconorg-5655	68	36	the	the	DET
fueconorg-5655	68	37	ez	ez	PROPN
fueconorg-5655	68	38	(	(	PUNCT
fueconorg-5655	68	39	alessandrini	alessandrini	PROPN
fueconorg-5655	68	40	et	et	PROPN
fueconorg-5655	68	41	al	al	PROPN
fueconorg-5655	68	42	.	.	PROPN
fueconorg-5655	68	43	,	,	PUNCT
fueconorg-5655	68	44	2014	2014	NUM
fueconorg-5655	68	45	;	;	PUNCT
fueconorg-5655	68	46	schiliro	schiliro	PROPN
fueconorg-5655	68	47	,	,	PUNCT
fueconorg-5655	68	48	2017	2017	NUM
fueconorg-5655	68	49	)	)	PUNCT
fueconorg-5655	68	50	.	.	PUNCT
fueconorg-5655	69	1	each	each	PRON
fueconorg-5655	69	2	of	of	ADP
fueconorg-5655	69	3	the	the	DET
fueconorg-5655	69	4	ez	ez	PROPN
fueconorg-5655	69	5	member	member	NOUN
fueconorg-5655	69	6	is	be	AUX
fueconorg-5655	69	7	responsible	responsible	ADJ
fueconorg-5655	69	8	for	for	ADP
fueconorg-5655	69	9	implementing	implement	VERB
fueconorg-5655	69	10	its	its	PRON
fueconorg-5655	69	11	own	own	ADJ
fueconorg-5655	69	12	fiscal	fiscal	ADJ
fueconorg-5655	69	13	policy	policy	NOUN
fueconorg-5655	69	14	but	but	CCONJ
fueconorg-5655	69	15	is	be	AUX
fueconorg-5655	69	16	obliged	oblige	VERB
fueconorg-5655	69	17	to	to	PART
fueconorg-5655	69	18	respect	respect	VERB
fueconorg-5655	69	19	the	the	DET
fueconorg-5655	69	20	maastricht	maastricht	PROPN
fueconorg-5655	69	21	convergence	convergence	NOUN
fueconorg-5655	69	22	criteria	criterion	NOUN
fueconorg-5655	69	23	concerning	concern	VERB
fueconorg-5655	69	24	low	low	ADJ
fueconorg-5655	69	25	budget	budget	NOUN
fueconorg-5655	69	26	deficits	deficit	NOUN
fueconorg-5655	69	27	(	(	PUNCT
fueconorg-5655	69	28	upper	upper	ADJ
fueconorg-5655	69	29	limit	limit	NOUN
fueconorg-5655	69	30	3	3	NUM
fueconorg-5655	69	31	%	%	NOUN
fueconorg-5655	69	32	of	of	ADP
fueconorg-5655	69	33	gdp	gdp	NOUN
fueconorg-5655	69	34	)	)	PUNCT
fueconorg-5655	69	35	and	and	CCONJ
fueconorg-5655	69	36	public	public	ADJ
fueconorg-5655	69	37	debt	debt	NOUN
fueconorg-5655	69	38	(	(	PUNCT
fueconorg-5655	69	39	up	up	ADP
fueconorg-5655	69	40	to	to	PART
fueconorg-5655	69	41	60	60	NUM
fueconorg-5655	69	42	%	%	NOUN
fueconorg-5655	69	43	of	of	ADP
fueconorg-5655	69	44	gdp	gdp	NOUN
fueconorg-5655	69	45	)	)	PUNCT
fueconorg-5655	69	46	.	.	PUNCT
fueconorg-5655	70	1	if	if	SCONJ
fueconorg-5655	70	2	a	a	DET
fueconorg-5655	70	3	country	country	NOUN
fueconorg-5655	70	4	's	's	PART
fueconorg-5655	70	5	budget	budget	NOUN
fueconorg-5655	70	6	deficit	deficit	NOUN
fueconorg-5655	70	7	is	be	AUX
fueconorg-5655	70	8	estimated	estimate	VERB
fueconorg-5655	70	9	to	to	PART
fueconorg-5655	70	10	be	be	AUX
fueconorg-5655	70	11	excessive	excessive	ADJ
fueconorg-5655	70	12	(	(	PUNCT
fueconorg-5655	70	13	exceeding	exceed	VERB
fueconorg-5655	70	14	the	the	DET
fueconorg-5655	70	15	long	long	ADJ
fueconorg-5655	70	16	-	-	PUNCT
fueconorg-5655	70	17	term	term	NOUN
fueconorg-5655	70	18	benchmark	benchmark	NOUN
fueconorg-5655	70	19	)	)	PUNCT
fueconorg-5655	70	20	,	,	PUNCT
fueconorg-5655	70	21	it	it	PRON
fueconorg-5655	70	22	may	may	AUX
fueconorg-5655	70	23	be	be	AUX
fueconorg-5655	70	24	possible	possible	ADJ
fueconorg-5655	70	25	to	to	PART
fueconorg-5655	70	26	initiate	initiate	VERB
fueconorg-5655	70	27	procedures	procedure	NOUN
fueconorg-5655	70	28	for	for	ADP
fueconorg-5655	70	29	sanctioning	sanction	VERB
fueconorg-5655	70	30	and	and	CCONJ
fueconorg-5655	70	31	monitoring	monitor	VERB
fueconorg-5655	70	32	the	the	DET
fueconorg-5655	70	33	budget	budget	NOUN
fueconorg-5655	70	34	of	of	ADP
fueconorg-5655	70	35	a	a	DET
fueconorg-5655	70	36	particular	particular	ADJ
fueconorg-5655	70	37	member	member	NOUN
fueconorg-5655	70	38	state	state	NOUN
fueconorg-5655	70	39	.	.	PUNCT
fueconorg-5655	71	1	although	although	SCONJ
fueconorg-5655	71	2	fiscal	fiscal	ADJ
fueconorg-5655	71	3	discipline	discipline	NOUN
fueconorg-5655	71	4	has	have	AUX
fueconorg-5655	71	5	been	be	AUX
fueconorg-5655	71	6	emphasized	emphasize	VERB
fueconorg-5655	71	7	as	as	ADP
fueconorg-5655	71	8	one	one	NUM
fueconorg-5655	71	9	of	of	ADP
fueconorg-5655	71	10	the	the	DET
fueconorg-5655	71	11	most	most	ADV
fueconorg-5655	71	12	important	important	ADJ
fueconorg-5655	71	13	preconditions	precondition	NOUN
fueconorg-5655	71	14	for	for	ADP
fueconorg-5655	71	15	ez	ez	PROPN
fueconorg-5655	71	16	membership	membership	NOUN
fueconorg-5655	71	17	,	,	PUNCT
fueconorg-5655	71	18	most	most	ADJ
fueconorg-5655	71	19	ez	ez	ADJ
fueconorg-5655	71	20	countries	country	NOUN
fueconorg-5655	71	21	have	have	AUX
fueconorg-5655	71	22	failed	fail	VERB
fueconorg-5655	71	23	to	to	PART
fueconorg-5655	71	24	stay	stay	VERB
fueconorg-5655	71	25	within	within	ADP
fueconorg-5655	71	26	the	the	DET
fueconorg-5655	71	27	set	set	NOUN
fueconorg-5655	71	28	limits	limit	NOUN
fueconorg-5655	71	29	of	of	ADP
fueconorg-5655	71	30	the	the	DET
fueconorg-5655	71	31	budget	budget	NOUN
fueconorg-5655	71	32	deficit	deficit	NOUN
fueconorg-5655	71	33	.	.	PUNCT
fueconorg-5655	72	1	figure	figure	NOUN
fueconorg-5655	72	2	3	3	NUM
fueconorg-5655	72	3	identifies	identify	VERB
fueconorg-5655	72	4	the	the	DET
fueconorg-5655	72	5	largest	large	ADJ
fueconorg-5655	72	6	discipline	discipline	NOUN
fueconorg-5655	72	7	in	in	ADP
fueconorg-5655	72	8	the	the	DET
fueconorg-5655	72	9	public	public	ADJ
fueconorg-5655	72	10	finance	finance	NOUN
fueconorg-5655	72	11	for	for	ADP
fueconorg-5655	72	12	the	the	DET
fueconorg-5655	72	13	core	core	NOUN
fueconorg-5655	72	14	countries	country	NOUN
fueconorg-5655	72	15	in	in	ADP
fueconorg-5655	72	16	the	the	DET
fueconorg-5655	72	17	period	period	NOUN
fueconorg-5655	72	18	2007	2007	NUM
fueconorg-5655	72	19	-	-	SYM
fueconorg-5655	72	20	2018	2018	NUM
fueconorg-5655	72	21	.	.	PUNCT
fueconorg-5655	73	1	in	in	ADP
fueconorg-5655	73	2	the	the	DET
fueconorg-5655	73	3	process	process	NOUN
fueconorg-5655	73	4	of	of	ADP
fueconorg-5655	73	5	monetary	monetary	ADJ
fueconorg-5655	73	6	convergence	convergence	NOUN
fueconorg-5655	73	7	and	and	CCONJ
fueconorg-5655	73	8	the	the	DET
fueconorg-5655	73	9	ez	ez	PROPN
fueconorg-5655	73	10	accession	accession	NOUN
fueconorg-5655	73	11	,	,	PUNCT
fueconorg-5655	73	12	emerging	emerge	VERB
fueconorg-5655	73	13	countries	country	NOUN
fueconorg-5655	73	14	are	be	AUX
fueconorg-5655	73	15	rapidly	rapidly	ADV
fueconorg-5655	73	16	approaching	approach	VERB
fueconorg-5655	73	17	the	the	DET
fueconorg-5655	73	18	ez	ez	PROPN
fueconorg-5655	73	19	core	core	NOUN
fueconorg-5655	73	20	.	.	PUNCT
fueconorg-5655	74	1	the	the	DET
fueconorg-5655	74	2	problem	problem	NOUN
fueconorg-5655	74	3	is	be	AUX
fueconorg-5655	74	4	in	in	ADP
fueconorg-5655	74	5	the	the	DET
fueconorg-5655	74	6	periphery	periphery	NOUN
fueconorg-5655	74	7	ez12	ez12	PROPN
fueconorg-5655	74	8	countries	country	NOUN
fueconorg-5655	74	9	with	with	ADP
fueconorg-5655	74	10	the	the	DET
fueconorg-5655	74	11	huge	huge	ADJ
fueconorg-5655	74	12	and	and	CCONJ
fueconorg-5655	74	13	deepening	deepen	VERB
fueconorg-5655	74	14	budget	budget	NOUN
fueconorg-5655	74	15	deficit	deficit	NOUN
fueconorg-5655	74	16	(	(	PUNCT
fueconorg-5655	74	17	average	average	ADJ
fueconorg-5655	74	18	14	14	NUM
fueconorg-5655	74	19	%	%	NOUN
fueconorg-5655	74	20	in	in	ADP
fueconorg-5655	74	21	2010	2010	NUM
fueconorg-5655	74	22	)	)	PUNCT
fueconorg-5655	74	23	with	with	ADP
fueconorg-5655	74	24	the	the	DET
fueconorg-5655	74	25	onset	onset	NOUN
fueconorg-5655	74	26	of	of	ADP
fueconorg-5655	74	27	shocks	shock	NOUN
fueconorg-5655	74	28	from	from	ADP
fueconorg-5655	74	29	the	the	DET
fueconorg-5655	74	30	global	global	ADJ
fueconorg-5655	74	31	crisis	crisis	NOUN
fueconorg-5655	74	32	and	and	CCONJ
fueconorg-5655	74	33	the	the	DET
fueconorg-5655	74	34	debt	debt	NOUN
fueconorg-5655	74	35	ez	ez	NOUN
fueconorg-5655	74	36	crisis	crisis	NOUN
fueconorg-5655	74	37	.	.	PUNCT
fueconorg-5655	75	1	the	the	DET
fueconorg-5655	75	2	ez	ez	PROPN
fueconorg-5655	75	3	debt	debt	NOUN
fueconorg-5655	75	4	crisis	crisis	NOUN
fueconorg-5655	75	5	is	be	AUX
fueconorg-5655	75	6	evident	evident	ADJ
fueconorg-5655	75	7	in	in	ADP
fueconorg-5655	75	8	figure	figure	NOUN
fueconorg-5655	75	9	3	3	NUM
fueconorg-5655	75	10	.	.	PUNCT
fueconorg-5655	76	1	in	in	ADP
fueconorg-5655	76	2	addition	addition	NOUN
fueconorg-5655	76	3	to	to	ADP
fueconorg-5655	76	4	the	the	DET
fueconorg-5655	76	5	budget	budget	NOUN
fueconorg-5655	76	6	deficit	deficit	NOUN
fueconorg-5655	76	7	relative	relative	ADJ
fueconorg-5655	76	8	to	to	ADP
fueconorg-5655	76	9	gdp	gdp	NOUN
fueconorg-5655	76	10	,	,	PUNCT
fueconorg-5655	76	11	another	another	DET
fueconorg-5655	76	12	maastricht	maastricht	PROPN
fueconorg-5655	76	13	criterion	criterion	NOUN
fueconorg-5655	76	14	concerning	concern	VERB
fueconorg-5655	76	15	public	public	ADJ
fueconorg-5655	76	16	finance	finance	NOUN
fueconorg-5655	76	17	and	and	CCONJ
fueconorg-5655	76	18	fiscal	fiscal	ADJ
fueconorg-5655	76	19	policy	policy	NOUN
fueconorg-5655	76	20	can	can	AUX
fueconorg-5655	76	21	be	be	AUX
fueconorg-5655	76	22	observed	observe	VERB
fueconorg-5655	76	23	in	in	ADP
fueconorg-5655	76	24	figure	figure	NOUN
fueconorg-5655	76	25	3	3	NUM
fueconorg-5655	76	26	.	.	PUNCT
fueconorg-5655	76	27	figure	figure	NOUN
fueconorg-5655	76	28	3	3	NUM
fueconorg-5655	76	29	(	(	PUNCT
fueconorg-5655	76	30	right	right	ADJ
fueconorg-5655	76	31	)	)	PUNCT
fueconorg-5655	76	32	shows	show	VERB
fueconorg-5655	76	33	the	the	DET
fueconorg-5655	76	34	trend	trend	NOUN
fueconorg-5655	76	35	of	of	ADP
fueconorg-5655	76	36	public	public	ADJ
fueconorg-5655	76	37	debt	debt	NOUN
fueconorg-5655	76	38	in	in	ADP
fueconorg-5655	76	39	the	the	DET
fueconorg-5655	76	40	period	period	NOUN
fueconorg-5655	76	41	2007	2007	NUM
fueconorg-5655	76	42	-	-	SYM
fueconorg-5655	76	43	2018	2018	NUM
fueconorg-5655	76	44	for	for	ADP
fueconorg-5655	76	45	the	the	DET
fueconorg-5655	76	46	ez12	ez12	PROPN
fueconorg-5655	76	47	core	core	NOUN
fueconorg-5655	76	48	and	and	CCONJ
fueconorg-5655	76	49	periphery	periphery	NOUN
fueconorg-5655	76	50	,	,	PUNCT
fueconorg-5655	76	51	as	as	ADV
fueconorg-5655	76	52	well	well	ADV
fueconorg-5655	76	53	as	as	ADP
fueconorg-5655	76	54	the	the	DET
fueconorg-5655	76	55	emerging	emerge	VERB
fueconorg-5655	76	56	part	part	NOUN
fueconorg-5655	76	57	of	of	ADP
fueconorg-5655	76	58	the	the	DET
fueconorg-5655	76	59	ez19	ez19	PROPN
fueconorg-5655	76	60	.	.	PUNCT
fueconorg-5655	77	1	in	in	ADP
fueconorg-5655	77	2	the	the	DET
fueconorg-5655	77	3	core	core	NOUN
fueconorg-5655	77	4	countries	country	NOUN
fueconorg-5655	77	5	,	,	PUNCT
fueconorg-5655	77	6	the	the	DET
fueconorg-5655	77	7	public	public	ADJ
fueconorg-5655	77	8	debt	debt	NOUN
fueconorg-5655	77	9	indicator	indicator	NOUN
fueconorg-5655	77	10	was	be	AUX
fueconorg-5655	77	11	within	within	ADP
fueconorg-5655	77	12	the	the	DET
fueconorg-5655	77	13	planned	planned	ADJ
fueconorg-5655	77	14	range	range	NOUN
fueconorg-5655	77	15	,	,	PUNCT
fueconorg-5655	77	16	just	just	ADV
fueconorg-5655	77	17	like	like	ADP
fueconorg-5655	77	18	the	the	DET
fueconorg-5655	77	19	budget	budget	NOUN
fueconorg-5655	77	20	deficit	deficit	NOUN
fueconorg-5655	77	21	indicator	indicator	NOUN
fueconorg-5655	77	22	.	.	PUNCT
fueconorg-5655	78	1	on	on	ADP
fueconorg-5655	78	2	average	average	ADJ
fueconorg-5655	78	3	,	,	PUNCT
fueconorg-5655	78	4	emerging	emerge	VERB
fueconorg-5655	78	5	economies	economy	NOUN
fueconorg-5655	78	6	in	in	ADP
fueconorg-5655	78	7	the	the	DET
fueconorg-5655	78	8	observed	observe	VERB
fueconorg-5655	78	9	period	period	NOUN
fueconorg-5655	78	10	recorded	record	VERB
fueconorg-5655	78	11	even	even	ADV
fueconorg-5655	78	12	lower	low	ADJ
fueconorg-5655	78	13	levels	level	NOUN
fueconorg-5655	78	14	of	of	ADP
fueconorg-5655	78	15	public	public	ADJ
fueconorg-5655	78	16	debt	debt	NOUN
fueconorg-5655	78	17	compared	compare	VERB
fueconorg-5655	78	18	to	to	ADP
fueconorg-5655	78	19	the	the	DET
fueconorg-5655	78	20	ez12	ez12	PROPN
fueconorg-5655	78	21	core	core	NOUN
fueconorg-5655	78	22	and	and	CCONJ
fueconorg-5655	78	23	periphery	periphery	NOUN
fueconorg-5655	78	24	.	.	PUNCT
fueconorg-5655	79	1	a	a	DET
fueconorg-5655	79	2	key	key	ADJ
fueconorg-5655	79	3	divergence	divergence	NOUN
fueconorg-5655	79	4	in	in	ADP
fueconorg-5655	79	5	the	the	DET
fueconorg-5655	79	6	core	core	NOUN
fueconorg-5655	79	7	-	-	PUNCT
fueconorg-5655	79	8	periphery	periphery	NOUN
fueconorg-5655	79	9	relation	relation	NOUN
fueconorg-5655	79	10	occurs	occur	VERB
fueconorg-5655	79	11	in	in	ADP
fueconorg-5655	79	12	the	the	DET
fueconorg-5655	79	13	post	post	ADJ
fueconorg-5655	79	14	-	-	ADJ
fueconorg-5655	79	15	crisis	crisis	ADJ
fueconorg-5655	79	16	period	period	NOUN
fueconorg-5655	79	17	when	when	SCONJ
fueconorg-5655	79	18	public	public	ADJ
fueconorg-5655	79	19	debt	debt	NOUN
fueconorg-5655	79	20	rose	rise	VERB
fueconorg-5655	79	21	sharply	sharply	ADV
fueconorg-5655	79	22	(	(	PUNCT
fueconorg-5655	79	23	on	on	ADP
fueconorg-5655	79	24	average	average	ADJ
fueconorg-5655	79	25	)	)	PUNCT
fueconorg-5655	79	26	in	in	ADP
fueconorg-5655	79	27	the	the	DET
fueconorg-5655	79	28	periphery	periphery	NOUN
fueconorg-5655	79	29	countries	country	NOUN
fueconorg-5655	79	30	.	.	PUNCT
fueconorg-5655	80	1	the	the	DET
fueconorg-5655	80	2	finding	finding	NOUN
fueconorg-5655	80	3	is	be	AUX
fueconorg-5655	80	4	compatible	compatible	ADJ
fueconorg-5655	80	5	with	with	ADP
fueconorg-5655	80	6	the	the	DET
fueconorg-5655	80	7	previous	previous	ADJ
fueconorg-5655	80	8	indicator	indicator	NOUN
fueconorg-5655	80	9	of	of	ADP
fueconorg-5655	80	10	an	an	DET
fueconorg-5655	80	11	excessive	excessive	ADJ
fueconorg-5655	80	12	budget	budget	NOUN
fueconorg-5655	80	13	deficit	deficit	NOUN
fueconorg-5655	80	14	in	in	ADP
fueconorg-5655	80	15	the	the	DET
fueconorg-5655	80	16	post	post	ADJ
fueconorg-5655	80	17	-	-	ADJ
fueconorg-5655	80	18	crisis	crisis	ADJ
fueconorg-5655	80	19	period	period	NOUN
fueconorg-5655	80	20	.	.	PUNCT
fueconorg-5655	81	1	fig	fig	NOUN
fueconorg-5655	81	2	.	.	PUNCT
fueconorg-5655	82	1	3	3	NUM
fueconorg-5655	82	2	maastricht	maastricht	PROPN
fueconorg-5655	82	3	criteria	criterion	NOUN
fueconorg-5655	82	4	related	relate	VERB
fueconorg-5655	82	5	to	to	ADP
fueconorg-5655	82	6	public	public	ADJ
fueconorg-5655	82	7	finance	finance	NOUN
fueconorg-5655	82	8	:	:	PUNCT
fueconorg-5655	82	9	budget	budget	NOUN
fueconorg-5655	82	10	deficit	deficit	NOUN
fueconorg-5655	82	11	/	/	SYM
fueconorg-5655	82	12	gdp	gdp	NOUN
fueconorg-5655	82	13	(	(	PUNCT
fueconorg-5655	82	14	left	left	ADJ
fueconorg-5655	82	15	)	)	PUNCT
fueconorg-5655	82	16	and	and	CCONJ
fueconorg-5655	82	17	public	public	ADJ
fueconorg-5655	82	18	debt	debt	NOUN
fueconorg-5655	82	19	/	/	SYM
fueconorg-5655	82	20	gdp	gdp	NOUN
fueconorg-5655	82	21	(	(	PUNCT
fueconorg-5655	82	22	right	right	ADJ
fueconorg-5655	82	23	)	)	PUNCT
fueconorg-5655	82	24	of	of	ADP
fueconorg-5655	82	25	ez19	ez19	PROPN
fueconorg-5655	82	26	members	member	NOUN
fueconorg-5655	82	27	in	in	ADP
fueconorg-5655	82	28	the	the	DET
fueconorg-5655	82	29	period	period	NOUN
fueconorg-5655	82	30	2007	2007	NUM
fueconorg-5655	82	31	-	-	SYM
fueconorg-5655	82	32	2018	2018	NUM
fueconorg-5655	82	33	source	source	NOUN
fueconorg-5655	82	34	:	:	PUNCT
fueconorg-5655	82	35	authors	author	NOUN
fueconorg-5655	82	36	’	'	PUNCT
fueconorg-5655	82	37	review	review	NOUN
fueconorg-5655	82	38	based	base	VERB
fueconorg-5655	82	39	on	on	ADP
fueconorg-5655	82	40	yearly	yearly	ADJ
fueconorg-5655	82	41	eurostat	eurostat	PROPN
fueconorg-5655	82	42	data	datum	NOUN
fueconorg-5655	82	43	(	(	PUNCT
fueconorg-5655	82	44	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	82	45	)	)	PUNCT
fueconorg-5655	82	46	.	.	PUNCT
fueconorg-5655	83	1	due	due	ADP
fueconorg-5655	83	2	to	to	ADP
fueconorg-5655	83	3	the	the	DET
fueconorg-5655	83	4	divergent	divergent	ADJ
fueconorg-5655	83	5	positions	position	NOUN
fueconorg-5655	83	6	of	of	ADP
fueconorg-5655	83	7	public	public	ADJ
fueconorg-5655	83	8	finances	finance	NOUN
fueconorg-5655	83	9	in	in	ADP
fueconorg-5655	83	10	the	the	DET
fueconorg-5655	83	11	ez	ez	PROPN
fueconorg-5655	83	12	member	member	NOUN
fueconorg-5655	83	13	states	state	NOUN
fueconorg-5655	83	14	,	,	PUNCT
fueconorg-5655	83	15	as	as	ADV
fueconorg-5655	83	16	well	well	ADV
fueconorg-5655	83	17	as	as	ADP
fueconorg-5655	83	18	the	the	DET
fueconorg-5655	83	19	role	role	NOUN
fueconorg-5655	83	20	of	of	ADP
fueconorg-5655	83	21	fiscal	fiscal	ADJ
fueconorg-5655	83	22	destabilization	destabilization	NOUN
fueconorg-5655	83	23	in	in	ADP
fueconorg-5655	83	24	the	the	DET
fueconorg-5655	83	25	debt	debt	NOUN
fueconorg-5655	83	26	2010	2010	NUM
fueconorg-5655	83	27	crisis	crisis	NOUN
fueconorg-5655	83	28	,	,	PUNCT
fueconorg-5655	83	29	there	there	PRON
fueconorg-5655	83	30	is	be	VERB
fueconorg-5655	83	31	a	a	DET
fueconorg-5655	83	32	perception	perception	NOUN
fueconorg-5655	83	33	that	that	SCONJ
fueconorg-5655	83	34	stronger	strong	ADJ
fueconorg-5655	83	35	fiscal	fiscal	ADJ
fueconorg-5655	83	36	integration	integration	NOUN
fueconorg-5655	83	37	is	be	AUX
fueconorg-5655	83	38	a	a	DET
fueconorg-5655	83	39	necessary	necessary	ADJ
fueconorg-5655	83	40	step	step	NOUN
fueconorg-5655	83	41	for	for	ADP
fueconorg-5655	83	42	the	the	DET
fueconorg-5655	83	43	ez	ez	PROPN
fueconorg-5655	83	44	.	.	PROPN
fueconorg-5655	83	45	close	close	ADJ
fueconorg-5655	83	46	coordination	coordination	NOUN
fueconorg-5655	83	47	of	of	ADP
fueconorg-5655	83	48	fiscal	fiscal	ADJ
fueconorg-5655	83	49	policies	policy	NOUN
fueconorg-5655	83	50	would	would	AUX
fueconorg-5655	83	51	ensure	ensure	VERB
fueconorg-5655	83	52	compatibility	compatibility	NOUN
fueconorg-5655	83	53	of	of	ADP
fueconorg-5655	83	54	macroeconomic	macroeconomic	ADJ
fueconorg-5655	83	55	policies	policy	NOUN
fueconorg-5655	83	56	among	among	ADP
fueconorg-5655	83	57	member	member	NOUN
fueconorg-5655	83	58	states	state	NOUN
fueconorg-5655	83	59	to	to	PART
fueconorg-5655	83	60	minimize	minimize	VERB
fueconorg-5655	83	61	economic	economic	ADJ
fueconorg-5655	83	62	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	83	63	32	32	NUM
fueconorg-5655	83	64	e.	e.	PROPN
fueconorg-5655	83	65	beker	beker	PROPN
fueconorg-5655	83	66	pucar	pucar	PROPN
fueconorg-5655	83	67	,	,	PUNCT
fueconorg-5655	83	68	o.	o.	PROPN
fueconorg-5655	83	69	glavańki	glavańki	PROPN
fueconorg-5655	83	70	fluctuations	fluctuation	NOUN
fueconorg-5655	83	71	and	and	CCONJ
fueconorg-5655	83	72	maximize	maximize	VERB
fueconorg-5655	83	73	the	the	DET
fueconorg-5655	83	74	effectiveness	effectiveness	NOUN
fueconorg-5655	83	75	of	of	ADP
fueconorg-5655	83	76	the	the	DET
fueconorg-5655	83	77	common	common	ADJ
fueconorg-5655	83	78	monetary	monetary	ADJ
fueconorg-5655	83	79	policy	policy	NOUN
fueconorg-5655	83	80	(	(	PUNCT
fueconorg-5655	83	81	european	european	PROPN
fueconorg-5655	83	82	council	council	PROPN
fueconorg-5655	83	83	,	,	PUNCT
fueconorg-5655	83	84	1989	1989	NUM
fueconorg-5655	83	85	;	;	PUNCT
fueconorg-5655	83	86	de	de	X
fueconorg-5655	83	87	grauwe	grauwe	NOUN
fueconorg-5655	83	88	,	,	PUNCT
fueconorg-5655	83	89	2018	2018	NUM
fueconorg-5655	83	90	)	)	PUNCT
fueconorg-5655	83	91	.	.	PUNCT
fueconorg-5655	84	1	if	if	SCONJ
fueconorg-5655	84	2	countries	country	NOUN
fueconorg-5655	84	3	reach	reach	VERB
fueconorg-5655	84	4	a	a	DET
fueconorg-5655	84	5	consensus	consensus	NOUN
fueconorg-5655	84	6	on	on	ADP
fueconorg-5655	84	7	fiscal	fiscal	ADJ
fueconorg-5655	84	8	union	union	NOUN
fueconorg-5655	84	9	with	with	ADP
fueconorg-5655	84	10	financial	financial	ADJ
fueconorg-5655	84	11	transfers	transfer	NOUN
fueconorg-5655	84	12	between	between	ADP
fueconorg-5655	84	13	member	member	NOUN
fueconorg-5655	84	14	states	state	NOUN
fueconorg-5655	84	15	,	,	PUNCT
fueconorg-5655	84	16	then	then	ADV
fueconorg-5655	84	17	these	these	DET
fueconorg-5655	84	18	transfers	transfer	NOUN
fueconorg-5655	84	19	can	can	AUX
fueconorg-5655	84	20	serve	serve	VERB
fueconorg-5655	84	21	as	as	ADP
fueconorg-5655	84	22	a	a	DET
fueconorg-5655	84	23	replacement	replacement	NOUN
fueconorg-5655	84	24	for	for	ADP
fueconorg-5655	84	25	the	the	DET
fueconorg-5655	84	26	missing	miss	VERB
fueconorg-5655	84	27	flexible	flexible	ADJ
fueconorg-5655	84	28	exchange	exchange	NOUN
fueconorg-5655	84	29	rate	rate	NOUN
fueconorg-5655	84	30	and	and	CCONJ
fueconorg-5655	84	31	even	even	ADV
fueconorg-5655	84	32	as	as	ADP
fueconorg-5655	84	33	a	a	DET
fueconorg-5655	84	34	substitute	substitute	NOUN
fueconorg-5655	84	35	for	for	ADP
fueconorg-5655	84	36	a	a	DET
fueconorg-5655	84	37	rigid	rigid	ADJ
fueconorg-5655	84	38	labour	labour	NOUN
fueconorg-5655	84	39	market	market	NOUN
fueconorg-5655	84	40	(	(	PUNCT
fueconorg-5655	84	41	immobile	immobile	ADJ
fueconorg-5655	84	42	labour	labour	NOUN
fueconorg-5655	84	43	and	and	CCONJ
fueconorg-5655	84	44	rigid	rigid	ADJ
fueconorg-5655	84	45	wages	wage	NOUN
fueconorg-5655	84	46	)	)	PUNCT
fueconorg-5655	84	47	.	.	PUNCT
fueconorg-5655	85	1	ez	ez	PROPN
fueconorg-5655	85	2	members	member	NOUN
fueconorg-5655	85	3	should	should	AUX
fueconorg-5655	85	4	implement	implement	VERB
fueconorg-5655	85	5	a	a	DET
fueconorg-5655	85	6	mechanism	mechanism	NOUN
fueconorg-5655	85	7	that	that	PRON
fueconorg-5655	85	8	provides	provide	VERB
fueconorg-5655	85	9	financial	financial	ADJ
fueconorg-5655	85	10	support	support	NOUN
fueconorg-5655	85	11	to	to	ADP
fueconorg-5655	85	12	member	member	NOUN
fueconorg-5655	85	13	countries	country	NOUN
fueconorg-5655	85	14	affected	affect	VERB
fueconorg-5655	85	15	by	by	ADP
fueconorg-5655	85	16	asymmetric	asymmetric	ADJ
fueconorg-5655	85	17	shock	shock	NOUN
fueconorg-5655	85	18	(	(	PUNCT
fueconorg-5655	85	19	eichengreen	eichengreen	NOUN
fueconorg-5655	85	20	,	,	PUNCT
fueconorg-5655	85	21	1991	1991	NUM
fueconorg-5655	85	22	;	;	PUNCT
fueconorg-5655	85	23	feldstein	feldstein	NOUN
fueconorg-5655	85	24	,	,	PUNCT
fueconorg-5655	85	25	1997	1997	NUM
fueconorg-5655	85	26	;	;	PUNCT
fueconorg-5655	85	27	dibooglu	dibooglu	PROPN
fueconorg-5655	85	28	&	&	CCONJ
fueconorg-5655	85	29	horvath	horvath	PROPN
fueconorg-5655	85	30	,	,	PUNCT
fueconorg-5655	85	31	1997	1997	NUM
fueconorg-5655	85	32	;	;	PUNCT
fueconorg-5655	85	33	verdun	verdun	PROPN
fueconorg-5655	85	34	,	,	PUNCT
fueconorg-5655	85	35	2007	2007	NUM
fueconorg-5655	85	36	;	;	PUNCT
fueconorg-5655	85	37	de	de	X
fueconorg-5655	85	38	grauwe	grauwe	NOUN
fueconorg-5655	85	39	,	,	PUNCT
fueconorg-5655	85	40	2009	2009	NUM
fueconorg-5655	85	41	)	)	PUNCT
fueconorg-5655	85	42	.	.	PUNCT
fueconorg-5655	86	1	the	the	DET
fueconorg-5655	86	2	implemented	implement	VERB
fueconorg-5655	86	3	stabilization	stabilization	NOUN
fueconorg-5655	86	4	mechanism	mechanism	NOUN
fueconorg-5655	86	5	would	would	AUX
fueconorg-5655	86	6	be	be	AUX
fueconorg-5655	86	7	of	of	ADP
fueconorg-5655	86	8	benefit	benefit	NOUN
fueconorg-5655	86	9	not	not	PART
fueconorg-5655	86	10	only	only	ADV
fueconorg-5655	86	11	to	to	ADP
fueconorg-5655	86	12	the	the	DET
fueconorg-5655	86	13	recipient	recipient	NOUN
fueconorg-5655	86	14	countries	country	NOUN
fueconorg-5655	86	15	but	but	CCONJ
fueconorg-5655	86	16	also	also	ADV
fueconorg-5655	86	17	to	to	ADP
fueconorg-5655	86	18	all	all	DET
fueconorg-5655	86	19	members	member	NOUN
fueconorg-5655	86	20	due	due	ADJ
fueconorg-5655	86	21	to	to	ADP
fueconorg-5655	86	22	economic	economic	ADJ
fueconorg-5655	86	23	and	and	CCONJ
fueconorg-5655	86	24	political	political	ADJ
fueconorg-5655	86	25	stabilization	stabilization	NOUN
fueconorg-5655	86	26	of	of	ADP
fueconorg-5655	86	27	the	the	DET
fueconorg-5655	86	28	unique	unique	ADJ
fueconorg-5655	86	29	currency	currency	NOUN
fueconorg-5655	86	30	area	area	NOUN
fueconorg-5655	86	31	.	.	PUNCT
fueconorg-5655	87	1	assuming	assume	VERB
fueconorg-5655	87	2	that	that	SCONJ
fueconorg-5655	87	3	it	it	PRON
fueconorg-5655	87	4	is	be	AUX
fueconorg-5655	87	5	implemented	implement	VERB
fueconorg-5655	87	6	reasonably	reasonably	ADV
fueconorg-5655	87	7	,	,	PUNCT
fueconorg-5655	87	8	such	such	DET
fueconorg-5655	87	9	a	a	DET
fueconorg-5655	87	10	mechanism	mechanism	NOUN
fueconorg-5655	87	11	would	would	AUX
fueconorg-5655	87	12	be	be	AUX
fueconorg-5655	87	13	available	available	ADJ
fueconorg-5655	87	14	to	to	ADP
fueconorg-5655	87	15	all	all	DET
fueconorg-5655	87	16	monetary	monetary	ADJ
fueconorg-5655	87	17	union	union	NOUN
fueconorg-5655	87	18	member	member	NOUN
fueconorg-5655	87	19	states	state	NOUN
fueconorg-5655	87	20	and	and	CCONJ
fueconorg-5655	87	21	would	would	AUX
fueconorg-5655	87	22	not	not	PART
fueconorg-5655	87	23	lead	lead	VERB
fueconorg-5655	87	24	to	to	ADP
fueconorg-5655	87	25	permanent	permanent	ADJ
fueconorg-5655	87	26	and	and	CCONJ
fueconorg-5655	87	27	unilateral	unilateral	ADJ
fueconorg-5655	87	28	transfers	transfer	NOUN
fueconorg-5655	87	29	.	.	PUNCT
fueconorg-5655	88	1	such	such	DET
fueconorg-5655	88	2	an	an	DET
fueconorg-5655	88	3	instrument	instrument	NOUN
fueconorg-5655	88	4	should	should	AUX
fueconorg-5655	88	5	be	be	AUX
fueconorg-5655	88	6	available	available	ADJ
fueconorg-5655	88	7	automatically	automatically	ADV
fueconorg-5655	88	8	and	and	CCONJ
fueconorg-5655	88	9	quickly	quickly	ADV
fueconorg-5655	88	10	.	.	PUNCT
fueconorg-5655	89	1	otherwise	otherwise	ADV
fueconorg-5655	89	2	,	,	PUNCT
fueconorg-5655	89	3	if	if	SCONJ
fueconorg-5655	89	4	decisions	decision	NOUN
fueconorg-5655	89	5	are	be	AUX
fueconorg-5655	89	6	to	to	PART
fueconorg-5655	89	7	be	be	AUX
fueconorg-5655	89	8	made	make	VERB
fueconorg-5655	89	9	on	on	ADP
fueconorg-5655	89	10	a	a	DET
fueconorg-5655	89	11	case	case	NOUN
fueconorg-5655	89	12	-	-	PUNCT
fueconorg-5655	89	13	by	by	ADP
fueconorg-5655	89	14	-	-	PUNCT
fueconorg-5655	89	15	case	case	NOUN
fueconorg-5655	89	16	basis	basis	NOUN
fueconorg-5655	89	17	,	,	PUNCT
fueconorg-5655	89	18	it	it	PRON
fueconorg-5655	89	19	will	will	AUX
fueconorg-5655	89	20	take	take	VERB
fueconorg-5655	89	21	a	a	DET
fueconorg-5655	89	22	long	long	ADJ
fueconorg-5655	89	23	time	time	NOUN
fueconorg-5655	89	24	to	to	PART
fueconorg-5655	89	25	reach	reach	VERB
fueconorg-5655	89	26	political	political	ADJ
fueconorg-5655	89	27	consensus	consensus	NOUN
fueconorg-5655	89	28	(	(	PUNCT
fueconorg-5655	89	29	baldwin	baldwin	PROPN
fueconorg-5655	89	30	&	&	CCONJ
fueconorg-5655	89	31	wyplosz	wyplosz	PROPN
fueconorg-5655	89	32	,	,	PUNCT
fueconorg-5655	89	33	2012	2012	NUM
fueconorg-5655	89	34	)	)	PUNCT
fueconorg-5655	89	35	.	.	PUNCT
fueconorg-5655	90	1	2.2	2.2	NUM
fueconorg-5655	90	2	.	.	PUNCT
fueconorg-5655	90	3	real	real	PROPN
fueconorg-5655	90	4	ez	ez	PROPN
fueconorg-5655	90	5	divergence	divergence	NOUN
fueconorg-5655	90	6	while	while	SCONJ
fueconorg-5655	90	7	nominal	nominal	ADJ
fueconorg-5655	90	8	convergence	convergence	NOUN
fueconorg-5655	90	9	is	be	AUX
fueconorg-5655	90	10	more	more	ADV
fueconorg-5655	90	11	recent	recent	ADJ
fueconorg-5655	90	12	from	from	ADP
fueconorg-5655	90	13	the	the	DET
fueconorg-5655	90	14	european	european	ADJ
fueconorg-5655	90	15	integration	integration	NOUN
fueconorg-5655	90	16	point	point	NOUN
fueconorg-5655	90	17	of	of	ADP
fueconorg-5655	90	18	view	view	NOUN
fueconorg-5655	90	19	,	,	PUNCT
fueconorg-5655	90	20	underlined	underline	VERB
fueconorg-5655	90	21	by	by	ADP
fueconorg-5655	90	22	the	the	DET
fueconorg-5655	90	23	maastricht	maastricht	PROPN
fueconorg-5655	90	24	treaty	treaty	NOUN
fueconorg-5655	90	25	in	in	ADP
fueconorg-5655	90	26	the	the	DET
fueconorg-5655	90	27	form	form	NOUN
fueconorg-5655	90	28	of	of	ADP
fueconorg-5655	90	29	convergence	convergence	NOUN
fueconorg-5655	90	30	criteria	criterion	NOUN
fueconorg-5655	90	31	,	,	PUNCT
fueconorg-5655	90	32	real	real	ADJ
fueconorg-5655	90	33	convergence	convergence	NOUN
fueconorg-5655	90	34	is	be	AUX
fueconorg-5655	90	35	a	a	DET
fueconorg-5655	90	36	longer	long	ADJ
fueconorg-5655	90	37	-	-	PUNCT
fueconorg-5655	90	38	term	term	NOUN
fueconorg-5655	90	39	phenomenon	phenomenon	NOUN
fueconorg-5655	90	40	.	.	PUNCT
fueconorg-5655	91	1	namely	namely	ADV
fueconorg-5655	91	2	,	,	PUNCT
fueconorg-5655	91	3	real	real	ADJ
fueconorg-5655	91	4	convergence	convergence	NOUN
fueconorg-5655	91	5	is	be	AUX
fueconorg-5655	91	6	related	relate	VERB
fueconorg-5655	91	7	to	to	ADP
fueconorg-5655	91	8	the	the	DET
fueconorg-5655	91	9	approximation	approximation	NOUN
fueconorg-5655	91	10	of	of	ADP
fueconorg-5655	91	11	real	real	ADJ
fueconorg-5655	91	12	variables	variable	NOUN
fueconorg-5655	91	13	,	,	PUNCT
fueconorg-5655	91	14	such	such	ADJ
fueconorg-5655	91	15	as	as	ADP
fueconorg-5655	91	16	the	the	DET
fueconorg-5655	91	17	level	level	NOUN
fueconorg-5655	91	18	of	of	ADP
fueconorg-5655	91	19	economic	economic	ADJ
fueconorg-5655	91	20	development	development	NOUN
fueconorg-5655	91	21	,	,	PUNCT
fueconorg-5655	91	22	standard	standard	NOUN
fueconorg-5655	91	23	of	of	ADP
fueconorg-5655	91	24	living	living	NOUN
fueconorg-5655	91	25	,	,	PUNCT
fueconorg-5655	91	26	productivity	productivity	NOUN
fueconorg-5655	91	27	,	,	PUNCT
fueconorg-5655	91	28	etc	etc	X
fueconorg-5655	91	29	.	.	X
fueconorg-5655	91	30	within	within	ADP
fueconorg-5655	91	31	countries	country	NOUN
fueconorg-5655	91	32	that	that	PRON
fueconorg-5655	91	33	seek	seek	VERB
fueconorg-5655	91	34	greater	great	ADJ
fueconorg-5655	91	35	degree	degree	NOUN
fueconorg-5655	91	36	of	of	ADP
fueconorg-5655	91	37	economic	economic	ADJ
fueconorg-5655	91	38	integration	integration	NOUN
fueconorg-5655	91	39	.	.	PUNCT
fueconorg-5655	92	1	it	it	PRON
fueconorg-5655	92	2	can	can	AUX
fueconorg-5655	92	3	be	be	AUX
fueconorg-5655	92	4	stated	state	VERB
fueconorg-5655	92	5	that	that	SCONJ
fueconorg-5655	92	6	the	the	DET
fueconorg-5655	92	7	initiators	initiator	NOUN
fueconorg-5655	92	8	of	of	ADP
fueconorg-5655	92	9	european	european	ADJ
fueconorg-5655	92	10	integration	integration	NOUN
fueconorg-5655	92	11	(	(	PUNCT
fueconorg-5655	92	12	germany	germany	PROPN
fueconorg-5655	92	13	,	,	PUNCT
fueconorg-5655	92	14	france	france	PROPN
fueconorg-5655	92	15	,	,	PUNCT
fueconorg-5655	92	16	italy	italy	PROPN
fueconorg-5655	92	17	,	,	PUNCT
fueconorg-5655	92	18	belgium	belgium	PROPN
fueconorg-5655	92	19	,	,	PUNCT
fueconorg-5655	92	20	the	the	DET
fueconorg-5655	92	21	netherlands	netherlands	PROPN
fueconorg-5655	92	22	,	,	PUNCT
fueconorg-5655	92	23	luxembourg	luxembourg	PROPN
fueconorg-5655	92	24	)	)	PUNCT
fueconorg-5655	92	25	,	,	PUNCT
fueconorg-5655	92	26	with	with	ADP
fueconorg-5655	92	27	the	the	DET
fueconorg-5655	92	28	later	later	ADJ
fueconorg-5655	92	29	accession	accession	NOUN
fueconorg-5655	92	30	of	of	ADP
fueconorg-5655	92	31	other	other	ADJ
fueconorg-5655	92	32	eu	eu	PROPN
fueconorg-5655	92	33	countries	country	NOUN
fueconorg-5655	92	34	(	(	PUNCT
fueconorg-5655	92	35	and	and	CCONJ
fueconorg-5655	92	36	later	later	ADV
fueconorg-5655	92	37	the	the	DET
fueconorg-5655	92	38	ez	ez	PROPN
fueconorg-5655	92	39	members	member	NOUN
fueconorg-5655	92	40	)	)	PUNCT
fueconorg-5655	92	41	,	,	PUNCT
fueconorg-5655	92	42	insisted	insist	VERB
fueconorg-5655	92	43	from	from	ADP
fueconorg-5655	92	44	the	the	DET
fueconorg-5655	92	45	very	very	ADJ
fueconorg-5655	92	46	beginning	beginning	NOUN
fueconorg-5655	92	47	on	on	ADP
fueconorg-5655	92	48	the	the	DET
fueconorg-5655	92	49	real	real	ADJ
fueconorg-5655	92	50	convergence	convergence	NOUN
fueconorg-5655	92	51	for	for	ADP
fueconorg-5655	92	52	the	the	DET
fueconorg-5655	92	53	sake	sake	NOUN
fueconorg-5655	92	54	of	of	ADP
fueconorg-5655	92	55	sustainability	sustainability	NOUN
fueconorg-5655	92	56	of	of	ADP
fueconorg-5655	92	57	shallower	shallower	NOUN
fueconorg-5655	92	58	integration	integration	NOUN
fueconorg-5655	92	59	levels	level	NOUN
fueconorg-5655	92	60	than	than	ADP
fueconorg-5655	92	61	monetary	monetary	ADJ
fueconorg-5655	92	62	union	union	NOUN
fueconorg-5655	92	63	.	.	PUNCT
fueconorg-5655	93	1	for	for	ADP
fueconorg-5655	93	2	the	the	DET
fueconorg-5655	93	3	functioning	functioning	NOUN
fueconorg-5655	93	4	of	of	ADP
fueconorg-5655	93	5	the	the	DET
fueconorg-5655	93	6	customs	customs	PROPN
fueconorg-5655	93	7	union	union	NOUN
fueconorg-5655	93	8	(	(	PUNCT
fueconorg-5655	93	9	common	common	ADJ
fueconorg-5655	93	10	customs	custom	NOUN
fueconorg-5655	93	11	policy	policy	NOUN
fueconorg-5655	93	12	since	since	SCONJ
fueconorg-5655	93	13	1967	1967	NUM
fueconorg-5655	93	14	)	)	PUNCT
fueconorg-5655	93	15	and	and	CCONJ
fueconorg-5655	93	16	the	the	DET
fueconorg-5655	93	17	common	common	ADJ
fueconorg-5655	93	18	market	market	NOUN
fueconorg-5655	93	19	(	(	PUNCT
fueconorg-5655	93	20	single	single	ADJ
fueconorg-5655	93	21	european	european	PROPN
fueconorg-5655	93	22	act	act	NOUN
fueconorg-5655	93	23	since	since	SCONJ
fueconorg-5655	93	24	1987	1987	NUM
fueconorg-5655	93	25	)	)	PUNCT
fueconorg-5655	94	1	it	it	PRON
fueconorg-5655	94	2	was	be	AUX
fueconorg-5655	94	3	necessary	necessary	ADJ
fueconorg-5655	94	4	to	to	PART
fueconorg-5655	94	5	reduce	reduce	VERB
fueconorg-5655	94	6	the	the	DET
fueconorg-5655	94	7	differences	difference	NOUN
fueconorg-5655	94	8	in	in	ADP
fueconorg-5655	94	9	the	the	DET
fueconorg-5655	94	10	levels	level	NOUN
fueconorg-5655	94	11	of	of	ADP
fueconorg-5655	94	12	economic	economic	ADJ
fueconorg-5655	94	13	development	development	NOUN
fueconorg-5655	94	14	of	of	ADP
fueconorg-5655	94	15	the	the	DET
fueconorg-5655	94	16	member	member	NOUN
fueconorg-5655	94	17	states	state	NOUN
fueconorg-5655	94	18	.	.	PUNCT
fueconorg-5655	95	1	however	however	ADV
fueconorg-5655	95	2	,	,	PUNCT
fueconorg-5655	95	3	sharing	share	VERB
fueconorg-5655	95	4	the	the	DET
fueconorg-5655	95	5	same	same	ADJ
fueconorg-5655	95	6	currency	currency	NOUN
fueconorg-5655	95	7	as	as	ADP
fueconorg-5655	95	8	the	the	DET
fueconorg-5655	95	9	last	last	ADJ
fueconorg-5655	95	10	stage	stage	NOUN
fueconorg-5655	95	11	of	of	ADP
fueconorg-5655	95	12	economic	economic	ADJ
fueconorg-5655	95	13	integration	integration	NOUN
fueconorg-5655	95	14	,	,	PUNCT
fueconorg-5655	95	15	imposed	impose	VERB
fueconorg-5655	95	16	the	the	DET
fueconorg-5655	95	17	need	need	NOUN
fueconorg-5655	95	18	to	to	PART
fueconorg-5655	95	19	adjust	adjust	VERB
fueconorg-5655	95	20	nominal	nominal	ADJ
fueconorg-5655	95	21	variables	variable	NOUN
fueconorg-5655	95	22	that	that	PRON
fueconorg-5655	95	23	was	be	AUX
fueconorg-5655	95	24	formalized	formalize	VERB
fueconorg-5655	95	25	by	by	ADP
fueconorg-5655	95	26	the	the	DET
fueconorg-5655	95	27	maastricht	maastricht	PROPN
fueconorg-5655	95	28	criteria	criterion	NOUN
fueconorg-5655	95	29	.	.	PUNCT
fueconorg-5655	96	1	although	although	SCONJ
fueconorg-5655	96	2	there	there	PRON
fueconorg-5655	96	3	was	be	VERB
fueconorg-5655	96	4	steady	steady	ADJ
fueconorg-5655	96	5	income	income	NOUN
fueconorg-5655	96	6	convergence	convergence	NOUN
fueconorg-5655	96	7	across	across	ADP
fueconorg-5655	96	8	ez	ez	PROPN
fueconorg-5655	96	9	members	member	NOUN
fueconorg-5655	96	10	in	in	ADP
fueconorg-5655	96	11	the	the	DET
fueconorg-5655	96	12	decades	decade	NOUN
fueconorg-5655	96	13	leading	lead	VERB
fueconorg-5655	96	14	up	up	ADP
fueconorg-5655	96	15	to	to	ADP
fueconorg-5655	96	16	the	the	DET
fueconorg-5655	96	17	maastricht	maastricht	PROPN
fueconorg-5655	96	18	treaty	treaty	NOUN
fueconorg-5655	96	19	,	,	PUNCT
fueconorg-5655	96	20	income	income	NOUN
fueconorg-5655	96	21	convergence	convergence	NOUN
fueconorg-5655	96	22	among	among	ADP
fueconorg-5655	96	23	ez12	ez12	PROPN
fueconorg-5655	96	24	countries	country	NOUN
fueconorg-5655	96	25	slowed	slow	VERB
fueconorg-5655	96	26	after	after	ADP
fueconorg-5655	96	27	maastricht	maastricht	PROPN
fueconorg-5655	96	28	,	,	PUNCT
fueconorg-5655	96	29	while	while	SCONJ
fueconorg-5655	96	30	productivity	productivity	NOUN
fueconorg-5655	96	31	among	among	ADP
fueconorg-5655	96	32	the	the	DET
fueconorg-5655	96	33	ez12	ez12	PROPN
fueconorg-5655	96	34	diverged	diverge	VERB
fueconorg-5655	96	35	under	under	ADP
fueconorg-5655	96	36	the	the	DET
fueconorg-5655	96	37	single	single	ADJ
fueconorg-5655	96	38	currency	currency	NOUN
fueconorg-5655	96	39	(	(	PUNCT
fueconorg-5655	96	40	franks	frank	NOUN
fueconorg-5655	96	41	et	et	PROPN
fueconorg-5655	96	42	al	al	PROPN
fueconorg-5655	96	43	.	.	PROPN
fueconorg-5655	96	44	2018	2018	NUM
fueconorg-5655	96	45	)	)	PUNCT
fueconorg-5655	96	46	.	.	PUNCT
fueconorg-5655	97	1	real	real	ADJ
fueconorg-5655	97	2	convergence	convergence	NOUN
fueconorg-5655	97	3	has	have	AUX
fueconorg-5655	97	4	not	not	PART
fueconorg-5655	97	5	occurred	occur	VERB
fueconorg-5655	97	6	among	among	ADP
fueconorg-5655	97	7	the	the	DET
fueconorg-5655	97	8	initial	initial	ADJ
fueconorg-5655	97	9	ez	ez	PROPN
fueconorg-5655	97	10	members	member	NOUN
fueconorg-5655	97	11	.	.	PUNCT
fueconorg-5655	98	1	gdp	gdp	NOUN
fueconorg-5655	98	2	growth	growth	NOUN
fueconorg-5655	98	3	and	and	CCONJ
fueconorg-5655	98	4	productivity	productivity	NOUN
fueconorg-5655	98	5	growth	growth	NOUN
fueconorg-5655	98	6	have	have	AUX
fueconorg-5655	98	7	not	not	PART
fueconorg-5655	98	8	reduced	reduce	VERB
fueconorg-5655	98	9	income	income	NOUN
fueconorg-5655	98	10	disparities	disparity	NOUN
fueconorg-5655	98	11	between	between	ADP
fueconorg-5655	98	12	richer	rich	ADJ
fueconorg-5655	98	13	and	and	CCONJ
fueconorg-5655	98	14	poorer	poor	ADJ
fueconorg-5655	98	15	countries	country	NOUN
fueconorg-5655	98	16	.	.	PUNCT
fueconorg-5655	99	1	in	in	ADP
fueconorg-5655	99	2	contrast	contrast	NOUN
fueconorg-5655	99	3	,	,	PUNCT
fueconorg-5655	99	4	there	there	PRON
fueconorg-5655	99	5	has	have	AUX
fueconorg-5655	99	6	been	be	AUX
fueconorg-5655	99	7	significant	significant	ADJ
fueconorg-5655	99	8	convergence	convergence	NOUN
fueconorg-5655	99	9	among	among	ADP
fueconorg-5655	99	10	emerging	emerge	VERB
fueconorg-5655	99	11	ez19	ez19	PROPN
fueconorg-5655	99	12	who	who	PRON
fueconorg-5655	99	13	have	have	AUX
fueconorg-5655	99	14	joined	join	VERB
fueconorg-5655	99	15	the	the	DET
fueconorg-5655	99	16	ez	ez	PROPN
fueconorg-5655	99	17	in	in	ADP
fueconorg-5655	99	18	the	the	DET
fueconorg-5655	99	19	period	period	NOUN
fueconorg-5655	99	20	2007	2007	NUM
fueconorg-5655	99	21	-	-	SYM
fueconorg-5655	99	22	2015	2015	NUM
fueconorg-5655	99	23	.	.	PUNCT
fueconorg-5655	100	1	the	the	DET
fueconorg-5655	100	2	lack	lack	NOUN
fueconorg-5655	100	3	of	of	ADP
fueconorg-5655	100	4	convergence	convergence	NOUN
fueconorg-5655	100	5	between	between	ADP
fueconorg-5655	100	6	ez12	ez12	PROPN
fueconorg-5655	100	7	could	could	AUX
fueconorg-5655	100	8	be	be	AUX
fueconorg-5655	100	9	attributed	attribute	VERB
fueconorg-5655	100	10	to	to	ADP
fueconorg-5655	100	11	several	several	ADJ
fueconorg-5655	100	12	factors	factor	NOUN
fueconorg-5655	100	13	,	,	PUNCT
fueconorg-5655	100	14	notably	notably	ADV
fueconorg-5655	100	15	structural	structural	ADJ
fueconorg-5655	100	16	rigidities	rigidity	NOUN
fueconorg-5655	100	17	,	,	PUNCT
fueconorg-5655	100	18	weak	weak	ADJ
fueconorg-5655	100	19	productivity	productivity	NOUN
fueconorg-5655	100	20	growth	growth	NOUN
fueconorg-5655	100	21	,	,	PUNCT
fueconorg-5655	100	22	weak	weak	ADJ
fueconorg-5655	100	23	institutions	institution	NOUN
fueconorg-5655	100	24	and	and	CCONJ
fueconorg-5655	100	25	insufficient	insufficient	ADJ
fueconorg-5655	100	26	policies	policy	NOUN
fueconorg-5655	100	27	to	to	PART
fueconorg-5655	100	28	address	address	VERB
fueconorg-5655	100	29	asset	asset	NOUN
fueconorg-5655	100	30	price	price	NOUN
fueconorg-5655	100	31	booms	boom	NOUN
fueconorg-5655	100	32	(	(	PUNCT
fueconorg-5655	100	33	del	del	PROPN
fueconorg-5655	100	34	hoyo	hoyo	PROPN
fueconorg-5655	100	35	et	et	PROPN
fueconorg-5655	100	36	al	al	PROPN
fueconorg-5655	100	37	.	.	PROPN
fueconorg-5655	100	38	,	,	PUNCT
fueconorg-5655	100	39	2017	2017	NUM
fueconorg-5655	100	40	)	)	PUNCT
fueconorg-5655	100	41	.	.	PUNCT
fueconorg-5655	101	1	several	several	ADJ
fueconorg-5655	101	2	years	year	NOUN
fueconorg-5655	101	3	before	before	ADP
fueconorg-5655	101	4	the	the	DET
fueconorg-5655	101	5	onset	onset	NOUN
fueconorg-5655	101	6	of	of	ADP
fueconorg-5655	101	7	the	the	DET
fueconorg-5655	101	8	global	global	ADJ
fueconorg-5655	101	9	economic	economic	ADJ
fueconorg-5655	101	10	crisis	crisis	NOUN
fueconorg-5655	101	11	,	,	PUNCT
fueconorg-5655	101	12	all	all	DET
fueconorg-5655	101	13	ez	ez	PROPN
fueconorg-5655	101	14	members	member	NOUN
fueconorg-5655	101	15	were	be	AUX
fueconorg-5655	101	16	in	in	ADP
fueconorg-5655	101	17	expansion	expansion	NOUN
fueconorg-5655	101	18	and	and	CCONJ
fueconorg-5655	101	19	all	all	PRON
fueconorg-5655	101	20	went	go	VERB
fueconorg-5655	101	21	into	into	ADP
fueconorg-5655	101	22	recession	recession	NOUN
fueconorg-5655	101	23	after	after	ADP
fueconorg-5655	101	24	the	the	DET
fueconorg-5655	101	25	crisis	crisis	NOUN
fueconorg-5655	101	26	.	.	PUNCT
fueconorg-5655	102	1	the	the	DET
fueconorg-5655	102	2	accumulation	accumulation	NOUN
fueconorg-5655	102	3	of	of	ADP
fueconorg-5655	102	4	imbalances	imbalance	NOUN
fueconorg-5655	102	5	in	in	ADP
fueconorg-5655	102	6	the	the	DET
fueconorg-5655	102	7	first	first	ADJ
fueconorg-5655	102	8	decade	decade	NOUN
fueconorg-5655	102	9	of	of	ADP
fueconorg-5655	102	10	the	the	DET
fueconorg-5655	102	11	ez	ez	PROPN
fueconorg-5655	102	12	became	become	VERB
fueconorg-5655	102	13	unsustainable	unsustainable	ADJ
fueconorg-5655	102	14	and	and	CCONJ
fueconorg-5655	102	15	triggered	trigger	VERB
fueconorg-5655	102	16	a	a	DET
fueconorg-5655	102	17	painful	painful	ADJ
fueconorg-5655	102	18	correction	correction	NOUN
fueconorg-5655	102	19	,	,	PUNCT
fueconorg-5655	102	20	which	which	PRON
fueconorg-5655	102	21	led	lead	VERB
fueconorg-5655	102	22	to	to	ADP
fueconorg-5655	102	23	a	a	DET
fueconorg-5655	102	24	double	double	ADJ
fueconorg-5655	102	25	-	-	PUNCT
fueconorg-5655	102	26	dip	dip	NOUN
fueconorg-5655	102	27	recession	recession	NOUN
fueconorg-5655	102	28	in	in	ADP
fueconorg-5655	102	29	the	the	DET
fueconorg-5655	102	30	ez	ez	PROPN
fueconorg-5655	102	31	between	between	ADP
fueconorg-5655	102	32	2009	2009	NUM
fueconorg-5655	102	33	and	and	CCONJ
fueconorg-5655	102	34	2012	2012	NUM
fueconorg-5655	102	35	(	(	PUNCT
fueconorg-5655	102	36	pierluigi	pierluigi	PROPN
fueconorg-5655	102	37	&	&	CCONJ
fueconorg-5655	102	38	sondermann	sondermann	PROPN
fueconorg-5655	102	39	,	,	PUNCT
fueconorg-5655	102	40	2018	2018	NUM
fueconorg-5655	102	41	)	)	PUNCT
fueconorg-5655	102	42	.	.	PUNCT
fueconorg-5655	103	1	however	however	ADV
fueconorg-5655	103	2	,	,	PUNCT
fueconorg-5655	103	3	significant	significant	ADJ
fueconorg-5655	103	4	differences	difference	NOUN
fueconorg-5655	103	5	are	be	AUX
fueconorg-5655	103	6	evident	evident	ADJ
fueconorg-5655	103	7	in	in	ADP
fueconorg-5655	103	8	terms	term	NOUN
fueconorg-5655	103	9	of	of	ADP
fueconorg-5655	103	10	their	their	PRON
fueconorg-5655	103	11	post	post	ADJ
fueconorg-5655	103	12	-	-	ADJ
fueconorg-5655	103	13	crisis	crisis	NOUN
fueconorg-5655	103	14	adjustment	adjustment	NOUN
fueconorg-5655	103	15	.	.	PUNCT
fueconorg-5655	104	1	while	while	SCONJ
fueconorg-5655	104	2	some	some	DET
fueconorg-5655	104	3	countries	country	NOUN
fueconorg-5655	104	4	have	have	AUX
fueconorg-5655	104	5	regained	regain	VERB
fueconorg-5655	104	6	a	a	DET
fueconorg-5655	104	7	stable	stable	ADJ
fueconorg-5655	104	8	economic	economic	ADJ
fueconorg-5655	104	9	growth	growth	NOUN
fueconorg-5655	104	10	trajectory	trajectory	NOUN
fueconorg-5655	104	11	and	and	CCONJ
fueconorg-5655	104	12	pre	pre	ADJ
fueconorg-5655	104	13	-	-	ADJ
fueconorg-5655	104	14	crisis	crisis	ADJ
fueconorg-5655	104	15	output	output	NOUN
fueconorg-5655	104	16	levels	level	NOUN
fueconorg-5655	104	17	,	,	PUNCT
fueconorg-5655	104	18	other	other	ADJ
fueconorg-5655	104	19	countries	country	NOUN
fueconorg-5655	104	20	have	have	AUX
fueconorg-5655	104	21	experienced	experience	VERB
fueconorg-5655	104	22	a	a	DET
fueconorg-5655	104	23	recurrent	recurrent	ADJ
fueconorg-5655	104	24	economic	economic	ADJ
fueconorg-5655	104	25	crisis	crisis	NOUN
fueconorg-5655	104	26	(	(	PUNCT
fueconorg-5655	104	27	figure	figure	NOUN
fueconorg-5655	104	28	4	4	NUM
fueconorg-5655	104	29	)	)	PUNCT
fueconorg-5655	104	30	.	.	PUNCT
fueconorg-5655	105	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	105	2	divergences	divergence	NOUN
fueconorg-5655	105	3	and	and	CCONJ
fueconorg-5655	105	4	asymmetric	asymmetric	ADJ
fueconorg-5655	105	5	resonses	resonse	NOUN
fueconorg-5655	105	6	within	within	ADP
fueconorg-5655	105	7	the	the	DET
fueconorg-5655	105	8	euro	euro	NOUN
fueconorg-5655	105	9	-	-	PUNCT
fueconorg-5655	105	10	zone	zone	NOUN
fueconorg-5655	105	11	33	33	NUM
fueconorg-5655	105	12	fig	fig	NOUN
fueconorg-5655	105	13	.	.	PUNCT
fueconorg-5655	106	1	4	4	NUM
fueconorg-5655	106	2	the	the	DET
fueconorg-5655	106	3	divergence	divergence	NOUN
fueconorg-5655	106	4	of	of	ADP
fueconorg-5655	106	5	economic	economic	ADJ
fueconorg-5655	106	6	growth	growth	NOUN
fueconorg-5655	106	7	(	(	PUNCT
fueconorg-5655	106	8	left	left	ADJ
fueconorg-5655	106	9	)	)	PUNCT
fueconorg-5655	106	10	and	and	CCONJ
fueconorg-5655	106	11	unemployment	unemployment	NOUN
fueconorg-5655	106	12	rate	rate	NOUN
fueconorg-5655	106	13	(	(	PUNCT
fueconorg-5655	106	14	right	right	NOUN
fueconorg-5655	106	15	)	)	PUNCT
fueconorg-5655	106	16	between	between	ADP
fueconorg-5655	106	17	core	core	NOUN
fueconorg-5655	106	18	-	-	PUNCT
fueconorg-5655	106	19	periphery	periphery	NOUN
fueconorg-5655	106	20	-	-	PUNCT
fueconorg-5655	106	21	emerging	emerge	VERB
fueconorg-5655	106	22	economies	economy	NOUN
fueconorg-5655	106	23	of	of	ADP
fueconorg-5655	106	24	the	the	DET
fueconorg-5655	106	25	ez	ez	PROPN
fueconorg-5655	106	26	in	in	ADP
fueconorg-5655	106	27	the	the	DET
fueconorg-5655	106	28	period	period	NOUN
fueconorg-5655	106	29	1999	1999	NUM
fueconorg-5655	106	30	-	-	SYM
fueconorg-5655	106	31	2018	2018	NUM
fueconorg-5655	106	32	source	source	NOUN
fueconorg-5655	106	33	:	:	PUNCT
fueconorg-5655	106	34	authors	author	NOUN
fueconorg-5655	106	35	’	'	PUNCT
fueconorg-5655	106	36	review	review	NOUN
fueconorg-5655	106	37	based	base	VERB
fueconorg-5655	106	38	on	on	ADP
fueconorg-5655	106	39	yearly	yearly	ADJ
fueconorg-5655	106	40	eurostat	eurostat	PROPN
fueconorg-5655	106	41	data	datum	NOUN
fueconorg-5655	106	42	(	(	PUNCT
fueconorg-5655	106	43	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	106	44	)	)	PUNCT
fueconorg-5655	106	45	.	.	PUNCT
fueconorg-5655	107	1	as	as	SCONJ
fueconorg-5655	107	2	figure	figure	NOUN
fueconorg-5655	107	3	4	4	NUM
fueconorg-5655	107	4	shows	show	NOUN
fueconorg-5655	107	5	,	,	PUNCT
fueconorg-5655	107	6	the	the	DET
fueconorg-5655	107	7	structural	structural	ADJ
fueconorg-5655	107	8	break	break	NOUN
fueconorg-5655	107	9	in	in	ADP
fueconorg-5655	107	10	the	the	DET
fueconorg-5655	107	11	economic	economic	ADJ
fueconorg-5655	107	12	growth	growth	NOUN
fueconorg-5655	107	13	(	(	PUNCT
fueconorg-5655	107	14	left	left	ADJ
fueconorg-5655	107	15	)	)	PUNCT
fueconorg-5655	107	16	and	and	CCONJ
fueconorg-5655	107	17	related	relate	VERB
fueconorg-5655	107	18	unemployment	unemployment	NOUN
fueconorg-5655	107	19	rate	rate	NOUN
fueconorg-5655	107	20	(	(	PUNCT
fueconorg-5655	107	21	right	right	ADJ
fueconorg-5655	107	22	)	)	PUNCT
fueconorg-5655	107	23	was	be	AUX
fueconorg-5655	107	24	evident	evident	ADJ
fueconorg-5655	107	25	in	in	ADP
fueconorg-5655	107	26	the	the	DET
fueconorg-5655	107	27	ez	ez	PROPN
fueconorg-5655	107	28	,	,	PUNCT
fueconorg-5655	107	29	especially	especially	ADV
fueconorg-5655	107	30	for	for	ADP
fueconorg-5655	107	31	the	the	DET
fueconorg-5655	107	32	periphery	periphery	NOUN
fueconorg-5655	107	33	and	and	CCONJ
fueconorg-5655	107	34	emerging	emerge	VERB
fueconorg-5655	107	35	parts	part	NOUN
fueconorg-5655	107	36	with	with	ADP
fueconorg-5655	107	37	the	the	DET
fueconorg-5655	107	38	outbreak	outbreak	NOUN
fueconorg-5655	107	39	of	of	ADP
fueconorg-5655	107	40	the	the	DET
fueconorg-5655	107	41	2007/2008	2007/2008	NUM
fueconorg-5655	107	42	global	global	ADJ
fueconorg-5655	107	43	crisis	crisis	NOUN
fueconorg-5655	107	44	.	.	PUNCT
fueconorg-5655	108	1	however	however	ADV
fueconorg-5655	108	2	,	,	PUNCT
fueconorg-5655	108	3	an	an	DET
fueconorg-5655	108	4	asymmetric	asymmetric	ADJ
fueconorg-5655	108	5	shock	shock	NOUN
fueconorg-5655	108	6	has	have	AUX
fueconorg-5655	108	7	hit	hit	VERB
fueconorg-5655	108	8	the	the	DET
fueconorg-5655	108	9	ez	ez	PROPN
fueconorg-5655	108	10	since	since	SCONJ
fueconorg-5655	108	11	2010	2010	NUM
fueconorg-5655	108	12	as	as	ADP
fueconorg-5655	108	13	a	a	DET
fueconorg-5655	108	14	result	result	NOUN
fueconorg-5655	108	15	of	of	ADP
fueconorg-5655	108	16	the	the	DET
fueconorg-5655	108	17	debt	debt	NOUN
fueconorg-5655	108	18	crisis	crisis	NOUN
fueconorg-5655	108	19	.	.	PUNCT
fueconorg-5655	109	1	asymmetry	asymmetry	NOUN
fueconorg-5655	109	2	due	due	ADP
fueconorg-5655	109	3	to	to	ADP
fueconorg-5655	109	4	the	the	DET
fueconorg-5655	109	5	fact	fact	NOUN
fueconorg-5655	109	6	that	that	SCONJ
fueconorg-5655	109	7	periphery	periphery	ADJ
fueconorg-5655	109	8	economies	economy	NOUN
fueconorg-5655	109	9	experienced	experience	VERB
fueconorg-5655	109	10	another	another	DET
fueconorg-5655	109	11	structural	structural	ADJ
fueconorg-5655	109	12	break	break	NOUN
fueconorg-5655	109	13	in	in	ADP
fueconorg-5655	109	14	the	the	DET
fueconorg-5655	109	15	wake	wake	NOUN
fueconorg-5655	109	16	of	of	ADP
fueconorg-5655	109	17	the	the	DET
fueconorg-5655	109	18	2011/2012	2011/2012	NUM
fueconorg-5655	109	19	economic	economic	ADJ
fueconorg-5655	109	20	downturn	downturn	NOUN
fueconorg-5655	109	21	.	.	PUNCT
fueconorg-5655	110	1	the	the	DET
fueconorg-5655	110	2	debt	debt	NOUN
fueconorg-5655	110	3	crisis	crisis	NOUN
fueconorg-5655	110	4	has	have	AUX
fueconorg-5655	110	5	severely	severely	ADV
fueconorg-5655	110	6	affected	affect	VERB
fueconorg-5655	110	7	the	the	DET
fueconorg-5655	110	8	economic	economic	ADJ
fueconorg-5655	110	9	growth	growth	NOUN
fueconorg-5655	110	10	of	of	ADP
fueconorg-5655	110	11	mentioned	mention	VERB
fueconorg-5655	110	12	economies	economy	NOUN
fueconorg-5655	110	13	,	,	PUNCT
fueconorg-5655	110	14	while	while	SCONJ
fueconorg-5655	110	15	other	other	ADJ
fueconorg-5655	110	16	countries	country	NOUN
fueconorg-5655	110	17	have	have	AUX
fueconorg-5655	110	18	been	be	AUX
fueconorg-5655	110	19	affected	affect	VERB
fueconorg-5655	110	20	indirectly	indirectly	ADV
fueconorg-5655	110	21	and	and	CCONJ
fueconorg-5655	110	22	,	,	PUNCT
fueconorg-5655	110	23	at	at	ADP
fueconorg-5655	110	24	worst	bad	ADJ
fueconorg-5655	110	25	,	,	PUNCT
fueconorg-5655	110	26	in	in	ADP
fueconorg-5655	110	27	a	a	DET
fueconorg-5655	110	28	moderate	moderate	ADJ
fueconorg-5655	110	29	manner	manner	NOUN
fueconorg-5655	110	30	.	.	PUNCT
fueconorg-5655	111	1	cyprus	cyprus	PROPN
fueconorg-5655	111	2	,	,	PUNCT
fueconorg-5655	111	3	greece	greece	PROPN
fueconorg-5655	111	4	,	,	PUNCT
fueconorg-5655	111	5	ireland	ireland	PROPN
fueconorg-5655	111	6	,	,	PUNCT
fueconorg-5655	111	7	portugal	portugal	PROPN
fueconorg-5655	111	8	and	and	CCONJ
fueconorg-5655	111	9	spain	spain	PROPN
fueconorg-5655	111	10	had	have	VERB
fueconorg-5655	111	11	to	to	PART
fueconorg-5655	111	12	seek	seek	VERB
fueconorg-5655	111	13	financial	financial	ADJ
fueconorg-5655	111	14	support	support	NOUN
fueconorg-5655	111	15	.	.	PUNCT
fueconorg-5655	112	1	italy	italy	PROPN
fueconorg-5655	112	2	has	have	AUX
fueconorg-5655	112	3	attracted	attract	VERB
fueconorg-5655	112	4	the	the	DET
fueconorg-5655	112	5	attention	attention	NOUN
fueconorg-5655	112	6	of	of	ADP
fueconorg-5655	112	7	investors	investor	NOUN
fueconorg-5655	112	8	who	who	PRON
fueconorg-5655	112	9	doubted	doubt	VERB
fueconorg-5655	112	10	the	the	DET
fueconorg-5655	112	11	sustainability	sustainability	NOUN
fueconorg-5655	112	12	of	of	ADP
fueconorg-5655	112	13	italian	italian	ADJ
fueconorg-5655	112	14	long	long	ADJ
fueconorg-5655	112	15	-	-	PUNCT
fueconorg-5655	112	16	term	term	NOUN
fueconorg-5655	112	17	solvency	solvency	NOUN
fueconorg-5655	112	18	.	.	PUNCT
fueconorg-5655	113	1	the	the	DET
fueconorg-5655	113	2	bonds	bond	NOUN
fueconorg-5655	113	3	of	of	ADP
fueconorg-5655	113	4	the	the	DET
fueconorg-5655	113	5	italian	italian	ADJ
fueconorg-5655	113	6	government	government	NOUN
fueconorg-5655	113	7	therefore	therefore	ADV
fueconorg-5655	113	8	recorded	record	VERB
fueconorg-5655	113	9	a	a	DET
fueconorg-5655	113	10	high	high	ADJ
fueconorg-5655	113	11	risk	risk	NOUN
fueconorg-5655	113	12	premium	premium	NOUN
fueconorg-5655	113	13	and	and	CCONJ
fueconorg-5655	113	14	the	the	DET
fueconorg-5655	113	15	country	country	NOUN
fueconorg-5655	113	16	faced	face	VERB
fueconorg-5655	113	17	significantly	significantly	ADV
fueconorg-5655	113	18	higher	high	ADJ
fueconorg-5655	113	19	refinancing	refinancing	NOUN
fueconorg-5655	113	20	costs	cost	NOUN
fueconorg-5655	113	21	(	(	PUNCT
fueconorg-5655	113	22	ehmer	ehmer	ADJ
fueconorg-5655	113	23	,	,	PUNCT
fueconorg-5655	113	24	2017	2017	NUM
fueconorg-5655	113	25	)	)	PUNCT
fueconorg-5655	113	26	.	.	PUNCT
fueconorg-5655	114	1	this	this	PRON
fueconorg-5655	114	2	is	be	AUX
fueconorg-5655	114	3	why	why	SCONJ
fueconorg-5655	114	4	italy	italy	PROPN
fueconorg-5655	114	5	is	be	AUX
fueconorg-5655	114	6	generally	generally	ADV
fueconorg-5655	114	7	considered	consider	VERB
fueconorg-5655	114	8	to	to	PART
fueconorg-5655	114	9	belong	belong	VERB
fueconorg-5655	114	10	to	to	ADP
fueconorg-5655	114	11	the	the	DET
fueconorg-5655	114	12	ez	ez	PROPN
fueconorg-5655	114	13	periphery	periphery	NOUN
fueconorg-5655	114	14	.	.	PUNCT
fueconorg-5655	115	1	other	other	ADJ
fueconorg-5655	115	2	than	than	ADP
fueconorg-5655	115	3	italy	italy	PROPN
fueconorg-5655	115	4	,	,	PUNCT
fueconorg-5655	115	5	the	the	DET
fueconorg-5655	115	6	other	other	ADJ
fueconorg-5655	115	7	founding	found	VERB
fueconorg-5655	115	8	members	member	NOUN
fueconorg-5655	115	9	of	of	ADP
fueconorg-5655	115	10	european	european	ADJ
fueconorg-5655	115	11	integration	integration	NOUN
fueconorg-5655	115	12	are	be	AUX
fueconorg-5655	115	13	the	the	DET
fueconorg-5655	115	14	so	so	ADV
fueconorg-5655	115	15	-	-	PUNCT
fueconorg-5655	115	16	called	call	VERB
fueconorg-5655	115	17	ez	ez	PROPN
fueconorg-5655	115	18	core	core	NOUN
fueconorg-5655	115	19	(	(	PUNCT
fueconorg-5655	115	20	along	along	ADP
fueconorg-5655	115	21	with	with	ADP
fueconorg-5655	115	22	austria	austria	PROPN
fueconorg-5655	115	23	and	and	CCONJ
fueconorg-5655	115	24	finland	finland	PROPN
fueconorg-5655	115	25	)	)	PUNCT
fueconorg-5655	115	26	.	.	PUNCT
fueconorg-5655	116	1	their	their	PRON
fueconorg-5655	116	2	economic	economic	ADJ
fueconorg-5655	116	3	growth	growth	NOUN
fueconorg-5655	116	4	was	be	AUX
fueconorg-5655	116	5	mostly	mostly	ADV
fueconorg-5655	116	6	threatened	threaten	VERB
fueconorg-5655	116	7	by	by	ADP
fueconorg-5655	116	8	economic	economic	ADJ
fueconorg-5655	116	9	ties	tie	NOUN
fueconorg-5655	116	10	with	with	ADP
fueconorg-5655	116	11	the	the	DET
fueconorg-5655	116	12	periphery	periphery	ADJ
fueconorg-5655	116	13	economies	economy	NOUN
fueconorg-5655	116	14	,	,	PUNCT
fueconorg-5655	116	15	and	and	CCONJ
fueconorg-5655	116	16	in	in	ADP
fueconorg-5655	116	17	their	their	PRON
fueconorg-5655	116	18	case	case	NOUN
fueconorg-5655	116	19	a	a	DET
fueconorg-5655	116	20	slight	slight	ADJ
fueconorg-5655	116	21	decline	decline	NOUN
fueconorg-5655	116	22	in	in	ADP
fueconorg-5655	116	23	economic	economic	ADJ
fueconorg-5655	116	24	activity	activity	NOUN
fueconorg-5655	116	25	was	be	AUX
fueconorg-5655	116	26	evident	evident	ADJ
fueconorg-5655	116	27	as	as	ADP
fueconorg-5655	116	28	a	a	DET
fueconorg-5655	116	29	result	result	NOUN
fueconorg-5655	116	30	of	of	ADP
fueconorg-5655	116	31	the	the	DET
fueconorg-5655	116	32	debt	debt	NOUN
fueconorg-5655	116	33	crisis	crisis	NOUN
fueconorg-5655	116	34	(	(	PUNCT
fueconorg-5655	116	35	figure	figure	NOUN
fueconorg-5655	116	36	4	4	NUM
fueconorg-5655	116	37	,	,	PUNCT
fueconorg-5655	116	38	left	leave	VERB
fueconorg-5655	116	39	)	)	PUNCT
fueconorg-5655	116	40	.	.	PUNCT
fueconorg-5655	117	1	widening	widen	VERB
fueconorg-5655	117	2	gap	gap	NOUN
fueconorg-5655	117	3	between	between	ADP
fueconorg-5655	117	4	the	the	DET
fueconorg-5655	117	5	ez	ez	PROPN
fueconorg-5655	117	6	core	core	NOUN
fueconorg-5655	117	7	and	and	CCONJ
fueconorg-5655	117	8	the	the	DET
fueconorg-5655	117	9	periphery	periphery	NOUN
fueconorg-5655	117	10	concerning	concern	VERB
fueconorg-5655	117	11	the	the	DET
fueconorg-5655	117	12	unemployment	unemployment	NOUN
fueconorg-5655	117	13	rate	rate	NOUN
fueconorg-5655	117	14	as	as	ADP
fueconorg-5655	117	15	a	a	DET
fueconorg-5655	117	16	real	real	ADJ
fueconorg-5655	117	17	economy	economy	NOUN
fueconorg-5655	117	18	indicator	indicator	NOUN
fueconorg-5655	117	19	is	be	AUX
fueconorg-5655	117	20	evident	evident	ADJ
fueconorg-5655	117	21	in	in	ADP
fueconorg-5655	117	22	the	the	DET
fueconorg-5655	117	23	post	post	ADJ
fueconorg-5655	117	24	-	-	ADJ
fueconorg-5655	117	25	crisis	crisis	ADJ
fueconorg-5655	117	26	period	period	NOUN
fueconorg-5655	117	27	(	(	PUNCT
fueconorg-5655	117	28	figure	figure	NOUN
fueconorg-5655	117	29	4	4	NUM
fueconorg-5655	117	30	,	,	PUNCT
fueconorg-5655	117	31	right	right	ADJ
fueconorg-5655	117	32	)	)	PUNCT
fueconorg-5655	117	33	.	.	PUNCT
fueconorg-5655	118	1	while	while	SCONJ
fueconorg-5655	118	2	the	the	DET
fueconorg-5655	118	3	core	core	NOUN
fueconorg-5655	118	4	is	be	AUX
fueconorg-5655	118	5	close	close	ADJ
fueconorg-5655	118	6	to	to	ADP
fueconorg-5655	118	7	full	full	ADJ
fueconorg-5655	118	8	employment	employment	NOUN
fueconorg-5655	118	9	and	and	CCONJ
fueconorg-5655	118	10	their	their	PRON
fueconorg-5655	118	11	potential	potential	ADJ
fueconorg-5655	118	12	growth	growth	NOUN
fueconorg-5655	118	13	has	have	AUX
fueconorg-5655	118	14	not	not	PART
fueconorg-5655	118	15	been	be	AUX
fueconorg-5655	118	16	affected	affect	VERB
fueconorg-5655	118	17	by	by	ADP
fueconorg-5655	118	18	the	the	DET
fueconorg-5655	118	19	last	last	ADJ
fueconorg-5655	118	20	global	global	ADJ
fueconorg-5655	118	21	crisis	crisis	NOUN
fueconorg-5655	118	22	,	,	PUNCT
fueconorg-5655	118	23	secular	secular	ADJ
fueconorg-5655	118	24	stagnation	stagnation	NOUN
fueconorg-5655	118	25	is	be	AUX
fueconorg-5655	118	26	a	a	DET
fueconorg-5655	118	27	concern	concern	NOUN
fueconorg-5655	118	28	in	in	ADP
fueconorg-5655	118	29	the	the	DET
fueconorg-5655	118	30	periphery	periphery	ADJ
fueconorg-5655	118	31	economies	economy	NOUN
fueconorg-5655	118	32	(	(	PUNCT
fueconorg-5655	118	33	bartlett	bartlett	PROPN
fueconorg-5655	118	34	&	&	CCONJ
fueconorg-5655	118	35	prica	prica	PROPN
fueconorg-5655	118	36	,	,	PUNCT
fueconorg-5655	118	37	2016	2016	NUM
fueconorg-5655	118	38	,	,	PUNCT
fueconorg-5655	118	39	onaran	onaran	NOUN
fueconorg-5655	118	40	,	,	PUNCT
fueconorg-5655	118	41	2018	2018	NUM
fueconorg-5655	118	42	)	)	PUNCT
fueconorg-5655	118	43	.	.	PUNCT
fueconorg-5655	119	1	since	since	SCONJ
fueconorg-5655	119	2	the	the	DET
fueconorg-5655	119	3	global	global	ADJ
fueconorg-5655	119	4	crisis	crisis	NOUN
fueconorg-5655	119	5	,	,	PUNCT
fueconorg-5655	119	6	the	the	DET
fueconorg-5655	119	7	periphery	periphery	NOUN
fueconorg-5655	119	8	has	have	AUX
fueconorg-5655	119	9	experienced	experience	VERB
fueconorg-5655	119	10	a	a	DET
fueconorg-5655	119	11	permanent	permanent	ADJ
fueconorg-5655	119	12	reduction	reduction	NOUN
fueconorg-5655	119	13	in	in	ADP
fueconorg-5655	119	14	their	their	PRON
fueconorg-5655	119	15	growth	growth	NOUN
fueconorg-5655	119	16	potential	potential	NOUN
fueconorg-5655	119	17	.	.	PUNCT
fueconorg-5655	120	1	eleven	eleven	NUM
fueconorg-5655	120	2	years	year	NOUN
fueconorg-5655	120	3	after	after	ADP
fueconorg-5655	120	4	the	the	DET
fueconorg-5655	120	5	crisis	crisis	NOUN
fueconorg-5655	120	6	,	,	PUNCT
fueconorg-5655	120	7	their	their	PRON
fueconorg-5655	120	8	economies	economy	NOUN
fueconorg-5655	120	9	still	still	ADV
fueconorg-5655	120	10	register	register	VERB
fueconorg-5655	120	11	unemployment	unemployment	NOUN
fueconorg-5655	120	12	rates	rate	NOUN
fueconorg-5655	120	13	higher	high	ADJ
fueconorg-5655	120	14	than	than	ADP
fueconorg-5655	120	15	pre	pre	ADJ
fueconorg-5655	120	16	-	-	ADJ
fueconorg-5655	120	17	crisis	crisis	ADJ
fueconorg-5655	120	18	levels	level	NOUN
fueconorg-5655	120	19	and	and	CCONJ
fueconorg-5655	120	20	,	,	PUNCT
fueconorg-5655	120	21	in	in	ADP
fueconorg-5655	120	22	most	most	ADJ
fueconorg-5655	120	23	cases	case	NOUN
fueconorg-5655	120	24	,	,	PUNCT
fueconorg-5655	120	25	at	at	ADP
fueconorg-5655	120	26	unacceptable	unacceptable	ADJ
fueconorg-5655	120	27	two	two	NUM
fueconorg-5655	120	28	digit	digit	NOUN
fueconorg-5655	120	29	levels	level	NOUN
fueconorg-5655	120	30	.	.	PUNCT
fueconorg-5655	121	1	figure	figure	NOUN
fueconorg-5655	121	2	4	4	NUM
fueconorg-5655	121	3	(	(	PUNCT
fueconorg-5655	121	4	right	right	ADJ
fueconorg-5655	121	5	graph	graph	NOUN
fueconorg-5655	121	6	)	)	PUNCT
fueconorg-5655	121	7	indicates	indicate	VERB
fueconorg-5655	121	8	that	that	SCONJ
fueconorg-5655	121	9	there	there	PRON
fueconorg-5655	121	10	was	be	VERB
fueconorg-5655	121	11	convergence	convergence	NOUN
fueconorg-5655	121	12	of	of	ADP
fueconorg-5655	121	13	unemployment	unemployment	NOUN
fueconorg-5655	121	14	rates	rate	NOUN
fueconorg-5655	121	15	in	in	ADP
fueconorg-5655	121	16	the	the	DET
fueconorg-5655	121	17	pre	pre	ADJ
fueconorg-5655	121	18	-	-	ADJ
fueconorg-5655	121	19	crisis	crisis	ADJ
fueconorg-5655	121	20	period	period	NOUN
fueconorg-5655	121	21	,	,	PUNCT
fueconorg-5655	121	22	but	but	CCONJ
fueconorg-5655	121	23	it	it	PRON
fueconorg-5655	121	24	has	have	AUX
fueconorg-5655	121	25	been	be	AUX
fueconorg-5655	121	26	mainly	mainly	ADV
fueconorg-5655	121	27	reversed	reverse	VERB
fueconorg-5655	121	28	in	in	ADP
fueconorg-5655	121	29	the	the	DET
fueconorg-5655	121	30	postcrisis	postcrisis	NOUN
fueconorg-5655	121	31	period	period	NOUN
fueconorg-5655	121	32	.	.	PUNCT
fueconorg-5655	122	1	the	the	DET
fueconorg-5655	122	2	global	global	ADJ
fueconorg-5655	122	3	crisis	crisis	NOUN
fueconorg-5655	122	4	initiated	initiate	VERB
fueconorg-5655	122	5	sharp	sharp	ADJ
fueconorg-5655	122	6	rise	rise	NOUN
fueconorg-5655	122	7	of	of	ADP
fueconorg-5655	122	8	unemployment	unemployment	NOUN
fueconorg-5655	122	9	in	in	ADP
fueconorg-5655	122	10	the	the	DET
fueconorg-5655	122	11	case	case	NOUN
fueconorg-5655	122	12	of	of	ADP
fueconorg-5655	122	13	ez	ez	PROPN
fueconorg-5655	122	14	periphery	periphery	NOUN
fueconorg-5655	122	15	and	and	CCONJ
fueconorg-5655	122	16	milder	mild	ADJ
fueconorg-5655	122	17	rise	rise	NOUN
fueconorg-5655	122	18	of	of	ADP
fueconorg-5655	122	19	unemployment	unemployment	NOUN
fueconorg-5655	122	20	in	in	ADP
fueconorg-5655	122	21	the	the	DET
fueconorg-5655	122	22	case	case	NOUN
fueconorg-5655	122	23	of	of	ADP
fueconorg-5655	122	24	emerging	emerge	VERB
fueconorg-5655	122	25	ez	ez	ADJ
fueconorg-5655	122	26	economies	economy	NOUN
fueconorg-5655	122	27	.	.	PUNCT
fueconorg-5655	123	1	https://ec.europa.eu/eurostat/data/database	https://ec.europa.eu/eurostat/data/database	NOUN
fueconorg-5655	123	2	34	34	NUM
fueconorg-5655	123	3	e.	e.	PROPN
fueconorg-5655	123	4	beker	beker	PROPN
fueconorg-5655	123	5	pucar	pucar	PROPN
fueconorg-5655	123	6	,	,	PUNCT
fueconorg-5655	123	7	o.	o.	PROPN
fueconorg-5655	123	8	glavańki	glavańki	PROPN
fueconorg-5655	123	9	3	3	NUM
fueconorg-5655	123	10	.	.	PUNCT
fueconorg-5655	123	11	heterogeneous	heterogeneous	ADJ
fueconorg-5655	123	12	real	real	ADJ
fueconorg-5655	123	13	responses	response	NOUN
fueconorg-5655	123	14	to	to	ADP
fueconorg-5655	123	15	ecb	ecb	PROPN
fueconorg-5655	123	16	’s	’s	PART
fueconorg-5655	123	17	monetary	monetary	ADJ
fueconorg-5655	123	18	impulse	impulse	ADJ
fueconorg-5655	123	19	weaker	weak	ADJ
fueconorg-5655	123	20	ez	ez	ADJ
fueconorg-5655	123	21	economies	economy	NOUN
fueconorg-5655	123	22	recorded	record	VERB
fueconorg-5655	123	23	generally	generally	ADV
fueconorg-5655	123	24	higher	high	ADJ
fueconorg-5655	123	25	levels	level	NOUN
fueconorg-5655	123	26	of	of	ADP
fueconorg-5655	123	27	inflation	inflation	NOUN
fueconorg-5655	123	28	and	and	CCONJ
fueconorg-5655	123	29	unemployment	unemployment	NOUN
fueconorg-5655	123	30	.	.	PUNCT
fueconorg-5655	124	1	on	on	ADP
fueconorg-5655	124	2	the	the	DET
fueconorg-5655	124	3	other	other	ADJ
fueconorg-5655	124	4	hand	hand	NOUN
fueconorg-5655	124	5	,	,	PUNCT
fueconorg-5655	124	6	there	there	PRON
fueconorg-5655	124	7	are	be	VERB
fueconorg-5655	124	8	countries	country	NOUN
fueconorg-5655	124	9	like	like	ADP
fueconorg-5655	124	10	germany	germany	PROPN
fueconorg-5655	124	11	with	with	ADP
fueconorg-5655	124	12	the	the	DET
fueconorg-5655	124	13	main	main	ADJ
fueconorg-5655	124	14	priority	priority	NOUN
fueconorg-5655	124	15	of	of	ADP
fueconorg-5655	124	16	maintaining	maintain	VERB
fueconorg-5655	124	17	low	low	ADJ
fueconorg-5655	124	18	inflation	inflation	NOUN
fueconorg-5655	124	19	.	.	PUNCT
fueconorg-5655	125	1	the	the	DET
fueconorg-5655	125	2	ecb	ecb	NOUN
fueconorg-5655	125	3	’s	’s	PART
fueconorg-5655	125	4	monetary	monetary	ADJ
fueconorg-5655	125	5	decision	decision	NOUN
fueconorg-5655	125	6	-	-	PUNCT
fueconorg-5655	125	7	making	making	NOUN
fueconorg-5655	125	8	was	be	AUX
fueconorg-5655	125	9	mostly	mostly	ADV
fueconorg-5655	125	10	criticized	criticize	VERB
fueconorg-5655	125	11	because	because	SCONJ
fueconorg-5655	125	12	it	it	PRON
fueconorg-5655	125	13	affects	affect	VERB
fueconorg-5655	125	14	ez	ez	PROPN
fueconorg-5655	125	15	members	member	NOUN
fueconorg-5655	125	16	differently	differently	ADV
fueconorg-5655	125	17	and	and	CCONJ
fueconorg-5655	125	18	could	could	AUX
fueconorg-5655	125	19	drive	drive	VERB
fueconorg-5655	125	20	their	their	PRON
fueconorg-5655	125	21	economies	economy	NOUN
fueconorg-5655	125	22	out	out	ADP
fueconorg-5655	125	23	of	of	ADP
fueconorg-5655	125	24	alignment	alignment	NOUN
fueconorg-5655	125	25	(	(	PUNCT
fueconorg-5655	125	26	salvatore	salvatore	NOUN
fueconorg-5655	125	27	,	,	PUNCT
fueconorg-5655	125	28	2002	2002	NUM
fueconorg-5655	125	29	)	)	PUNCT
fueconorg-5655	125	30	.	.	PUNCT
fueconorg-5655	126	1	the	the	DET
fueconorg-5655	126	2	literature	literature	NOUN
fueconorg-5655	126	3	on	on	ADP
fueconorg-5655	126	4	the	the	DET
fueconorg-5655	126	5	topic	topic	NOUN
fueconorg-5655	126	6	suggests	suggest	VERB
fueconorg-5655	126	7	a	a	DET
fueconorg-5655	126	8	theory	theory	NOUN
fueconorg-5655	126	9	also	also	ADV
fueconorg-5655	126	10	known	know	VERB
fueconorg-5655	126	11	as	as	ADP
fueconorg-5655	126	12	the	the	DET
fueconorg-5655	126	13	german	german	ADJ
fueconorg-5655	126	14	dominance	dominance	NOUN
fueconorg-5655	126	15	hypothesis	hypothesis	NOUN
fueconorg-5655	126	16	(	(	PUNCT
fueconorg-5655	126	17	gdh	gdh	NOUN
fueconorg-5655	126	18	)	)	PUNCT
fueconorg-5655	126	19	,	,	PUNCT
fueconorg-5655	126	20	which	which	PRON
fueconorg-5655	126	21	explains	explain	VERB
fueconorg-5655	126	22	the	the	DET
fueconorg-5655	126	23	prevailing	prevail	VERB
fueconorg-5655	126	24	role	role	NOUN
fueconorg-5655	126	25	of	of	ADP
fueconorg-5655	126	26	german	german	NOUN
fueconorg-5655	126	27	's	's	PART
fueconorg-5655	126	28	economic	economic	ADJ
fueconorg-5655	126	29	goals	goal	NOUN
fueconorg-5655	126	30	on	on	ADP
fueconorg-5655	126	31	the	the	DET
fueconorg-5655	126	32	ecb	ecb	NOUN
fueconorg-5655	126	33	’s	’s	PART
fueconorg-5655	126	34	decision	decision	NOUN
fueconorg-5655	126	35	-	-	PUNCT
fueconorg-5655	126	36	making	make	VERB
fueconorg-5655	126	37	process	process	NOUN
fueconorg-5655	126	38	.	.	PUNCT
fueconorg-5655	127	1	as	as	ADP
fueconorg-5655	127	2	aizenman	aizenman	NOUN
fueconorg-5655	127	3	(	(	PUNCT
fueconorg-5655	127	4	2014	2014	NUM
fueconorg-5655	127	5	)	)	PUNCT
fueconorg-5655	127	6	states	state	NOUN
fueconorg-5655	127	7	,	,	PUNCT
fueconorg-5655	127	8	the	the	DET
fueconorg-5655	127	9	euro	euro	NOUN
fueconorg-5655	127	10	is	be	AUX
fueconorg-5655	127	11	a	a	DET
fueconorg-5655	127	12	currency	currency	NOUN
fueconorg-5655	127	13	without	without	ADP
fueconorg-5655	127	14	a	a	DET
fueconorg-5655	127	15	state	state	NOUN
fueconorg-5655	127	16	,	,	PUNCT
fueconorg-5655	127	17	under	under	ADP
fueconorg-5655	127	18	the	the	DET
fueconorg-5655	127	19	dominance	dominance	NOUN
fueconorg-5655	127	20	of	of	ADP
fueconorg-5655	127	21	germany	germany	PROPN
fueconorg-5655	127	22	.	.	PUNCT
fueconorg-5655	128	1	besides	besides	SCONJ
fueconorg-5655	128	2	highlighting	highlight	VERB
fueconorg-5655	128	3	the	the	DET
fueconorg-5655	128	4	divergence	divergence	NOUN
fueconorg-5655	128	5	of	of	ADP
fueconorg-5655	128	6	ez	ez	PROPN
fueconorg-5655	128	7	members	member	NOUN
fueconorg-5655	128	8	,	,	PUNCT
fueconorg-5655	128	9	the	the	DET
fueconorg-5655	128	10	main	main	ADJ
fueconorg-5655	128	11	purpose	purpose	NOUN
fueconorg-5655	128	12	of	of	ADP
fueconorg-5655	128	13	this	this	DET
fueconorg-5655	128	14	paper	paper	NOUN
fueconorg-5655	128	15	is	be	AUX
fueconorg-5655	128	16	to	to	PART
fueconorg-5655	128	17	shed	shed	VERB
fueconorg-5655	128	18	some	some	DET
fueconorg-5655	128	19	light	light	NOUN
fueconorg-5655	128	20	into	into	ADP
fueconorg-5655	128	21	the	the	DET
fueconorg-5655	128	22	question	question	NOUN
fueconorg-5655	128	23	if	if	SCONJ
fueconorg-5655	128	24	the	the	DET
fueconorg-5655	128	25	ecb	ecb	NOUN
fueconorg-5655	128	26	's	's	PART
fueconorg-5655	128	27	monetary	monetary	ADJ
fueconorg-5655	128	28	policy	policy	NOUN
fueconorg-5655	128	29	is	be	AUX
fueconorg-5655	128	30	beneficial	beneficial	ADJ
fueconorg-5655	128	31	for	for	ADP
fueconorg-5655	128	32	the	the	DET
fueconorg-5655	128	33	ez	ez	PROPN
fueconorg-5655	128	34	members	member	NOUN
fueconorg-5655	128	35	as	as	ADP
fueconorg-5655	128	36	a	a	DET
fueconorg-5655	128	37	whole	whole	NOUN
fueconorg-5655	128	38	or	or	CCONJ
fueconorg-5655	128	39	only	only	ADV
fueconorg-5655	128	40	for	for	ADP
fueconorg-5655	128	41	a	a	DET
fueconorg-5655	128	42	select	select	ADJ
fueconorg-5655	128	43	group	group	NOUN
fueconorg-5655	128	44	of	of	ADP
fueconorg-5655	128	45	countries	country	NOUN
fueconorg-5655	128	46	,	,	PUNCT
fueconorg-5655	128	47	which	which	PRON
fueconorg-5655	128	48	have	have	VERB
fueconorg-5655	128	49	similar	similar	ADJ
fueconorg-5655	128	50	economic	economic	ADJ
fueconorg-5655	128	51	profiles	profile	NOUN
fueconorg-5655	128	52	.	.	PUNCT
fueconorg-5655	129	1	this	this	DET
fueconorg-5655	129	2	research	research	NOUN
fueconorg-5655	129	3	establishes	establish	VERB
fueconorg-5655	129	4	the	the	DET
fueconorg-5655	129	5	differential	differential	ADJ
fueconorg-5655	129	6	interest	interest	NOUN
fueconorg-5655	129	7	rate	rate	NOUN
fueconorg-5655	129	8	impact	impact	NOUN
fueconorg-5655	129	9	of	of	ADP
fueconorg-5655	129	10	the	the	DET
fueconorg-5655	129	11	ecb	ecb	NOUN
fueconorg-5655	129	12	’s	’s	PART
fueconorg-5655	129	13	monetary	monetary	ADJ
fueconorg-5655	129	14	policies	policy	NOUN
fueconorg-5655	129	15	on	on	ADP
fueconorg-5655	129	16	the	the	DET
fueconorg-5655	129	17	ez	ez	PROPN
fueconorg-5655	129	18	members	member	NOUN
fueconorg-5655	129	19	with	with	ADP
fueconorg-5655	129	20	the	the	DET
fueconorg-5655	129	21	expectations	expectation	NOUN
fueconorg-5655	129	22	that	that	SCONJ
fueconorg-5655	129	23	the	the	DET
fueconorg-5655	129	24	policy	policy	NOUN
fueconorg-5655	129	25	will	will	AUX
fueconorg-5655	129	26	benefit	benefit	VERB
fueconorg-5655	129	27	mostly	mostly	ADV
fueconorg-5655	129	28	the	the	DET
fueconorg-5655	129	29	german	german	ADJ
fueconorg-5655	129	30	economy	economy	NOUN
fueconorg-5655	129	31	and	and	CCONJ
fueconorg-5655	129	32	other	other	ADJ
fueconorg-5655	129	33	economies	economy	NOUN
fueconorg-5655	129	34	with	with	ADP
fueconorg-5655	129	35	similar	similar	ADJ
fueconorg-5655	129	36	low	low	ADJ
fueconorg-5655	129	37	-	-	PUNCT
fueconorg-5655	129	38	inflation	inflation	NOUN
fueconorg-5655	129	39	targeting	target	VERB
fueconorg-5655	129	40	needs	need	NOUN
fueconorg-5655	129	41	(	(	PUNCT
fueconorg-5655	129	42	the	the	DET
fueconorg-5655	129	43	core	core	NOUN
fueconorg-5655	129	44	)	)	PUNCT
fueconorg-5655	129	45	,	,	PUNCT
fueconorg-5655	129	46	in	in	ADP
fueconorg-5655	129	47	contrast	contrast	NOUN
fueconorg-5655	129	48	to	to	ADP
fueconorg-5655	129	49	others	other	NOUN
fueconorg-5655	129	50	which	which	PRON
fueconorg-5655	129	51	face	face	VERB
fueconorg-5655	129	52	generally	generally	ADV
fueconorg-5655	129	53	higher	high	ADJ
fueconorg-5655	129	54	unemployment	unemployment	NOUN
fueconorg-5655	129	55	rates	rate	NOUN
fueconorg-5655	129	56	(	(	PUNCT
fueconorg-5655	129	57	the	the	DET
fueconorg-5655	129	58	periphery	periphery	NOUN
fueconorg-5655	129	59	)	)	PUNCT
fueconorg-5655	129	60	.	.	PUNCT
fueconorg-5655	130	1	the	the	DET
fueconorg-5655	130	2	ecb	ecb	NOUN
fueconorg-5655	130	3	’s	’s	PART
fueconorg-5655	130	4	monetary	monetary	ADJ
fueconorg-5655	130	5	policy	policy	NOUN
fueconorg-5655	130	6	is	be	AUX
fueconorg-5655	130	7	not	not	PART
fueconorg-5655	130	8	effective	effective	ADJ
fueconorg-5655	130	9	if	if	SCONJ
fueconorg-5655	130	10	monetary	monetary	ADJ
fueconorg-5655	130	11	transmission	transmission	NOUN
fueconorg-5655	130	12	is	be	AUX
fueconorg-5655	130	13	asymmetric	asymmetric	ADJ
fueconorg-5655	130	14	to	to	ADP
fueconorg-5655	130	15	the	the	DET
fueconorg-5655	130	16	member	member	NOUN
fueconorg-5655	130	17	states	state	NOUN
fueconorg-5655	130	18	.	.	PUNCT
fueconorg-5655	131	1	moreover	moreover	ADV
fueconorg-5655	131	2	,	,	PUNCT
fueconorg-5655	131	3	“	"	PUNCT
fueconorg-5655	131	4	one	one	NUM
fueconorg-5655	131	5	-	-	PUNCT
fueconorg-5655	131	6	size	size	NOUN
fueconorg-5655	131	7	-	-	PUNCT
fueconorg-5655	131	8	fits	fit	VERB
fueconorg-5655	131	9	-	-	PUNCT
fueconorg-5655	131	10	all	all	PRON
fueconorg-5655	131	11	”	"	PUNCT
fueconorg-5655	131	12	monetary	monetary	ADJ
fueconorg-5655	131	13	policy	policy	NOUN
fueconorg-5655	131	14	has	have	AUX
fueconorg-5655	131	15	created	create	VERB
fueconorg-5655	131	16	problems	problem	NOUN
fueconorg-5655	131	17	for	for	ADP
fueconorg-5655	131	18	periphery	periphery	ADJ
fueconorg-5655	131	19	economies	economy	NOUN
fueconorg-5655	131	20	with	with	ADP
fueconorg-5655	131	21	different	different	ADJ
fueconorg-5655	131	22	needs	need	NOUN
fueconorg-5655	131	23	from	from	ADP
fueconorg-5655	131	24	the	the	DET
fueconorg-5655	131	25	core	core	NOUN
fueconorg-5655	131	26	countries	country	NOUN
fueconorg-5655	131	27	.	.	PUNCT
fueconorg-5655	132	1	the	the	DET
fueconorg-5655	132	2	countercyclical	countercyclical	ADJ
fueconorg-5655	132	3	or	or	CCONJ
fueconorg-5655	132	4	stabilizing	stabilize	VERB
fueconorg-5655	132	5	effect	effect	NOUN
fueconorg-5655	132	6	of	of	ADP
fueconorg-5655	132	7	the	the	DET
fueconorg-5655	132	8	ecb	ecb	NOUN
fueconorg-5655	132	9	’s	’s	PART
fueconorg-5655	132	10	policy	policy	NOUN
fueconorg-5655	132	11	on	on	ADP
fueconorg-5655	132	12	the	the	DET
fueconorg-5655	132	13	core	core	NOUN
fueconorg-5655	132	14	countries	country	NOUN
fueconorg-5655	132	15	,	,	PUNCT
fueconorg-5655	132	16	with	with	ADP
fueconorg-5655	132	17	the	the	DET
fueconorg-5655	132	18	absence	absence	NOUN
fueconorg-5655	132	19	of	of	ADP
fueconorg-5655	132	20	stabilization	stabilization	NOUN
fueconorg-5655	132	21	in	in	ADP
fueconorg-5655	132	22	the	the	DET
fueconorg-5655	132	23	case	case	NOUN
fueconorg-5655	132	24	of	of	ADP
fueconorg-5655	132	25	periphery	periphery	ADJ
fueconorg-5655	132	26	economies	economy	NOUN
fueconorg-5655	132	27	,	,	PUNCT
fueconorg-5655	132	28	is	be	AUX
fueconorg-5655	132	29	empirically	empirically	ADV
fueconorg-5655	132	30	investigated	investigate	VERB
fueconorg-5655	132	31	by	by	ADP
fueconorg-5655	132	32	the	the	DET
fueconorg-5655	132	33	forecast	forecast	NOUN
fueconorg-5655	132	34	error	error	NOUN
fueconorg-5655	132	35	variance	variance	NOUN
fueconorg-5655	132	36	decompositions	decomposition	NOUN
fueconorg-5655	132	37	and	and	CCONJ
fueconorg-5655	132	38	impulse	impulse	ADJ
fueconorg-5655	132	39	response	response	NOUN
fueconorg-5655	132	40	functions	function	NOUN
fueconorg-5655	132	41	of	of	ADP
fueconorg-5655	132	42	the	the	DET
fueconorg-5655	132	43	estimated	estimate	VERB
fueconorg-5655	132	44	var	var	NOUN
fueconorg-5655	132	45	model	model	NOUN
fueconorg-5655	132	46	.	.	PUNCT
fueconorg-5655	133	1	this	this	DET
fueconorg-5655	133	2	type	type	NOUN
fueconorg-5655	133	3	of	of	ADP
fueconorg-5655	133	4	model	model	NOUN
fueconorg-5655	133	5	is	be	AUX
fueconorg-5655	133	6	widely	widely	ADV
fueconorg-5655	133	7	used	use	VERB
fueconorg-5655	133	8	in	in	ADP
fueconorg-5655	133	9	the	the	DET
fueconorg-5655	133	10	empirical	empirical	ADJ
fueconorg-5655	133	11	literature	literature	NOUN
fueconorg-5655	133	12	dealing	deal	VERB
fueconorg-5655	133	13	with	with	ADP
fueconorg-5655	133	14	the	the	DET
fueconorg-5655	133	15	monetary	monetary	ADJ
fueconorg-5655	133	16	transmission	transmission	NOUN
fueconorg-5655	133	17	mechanism	mechanism	NOUN
fueconorg-5655	133	18	,	,	PUNCT
fueconorg-5655	133	19	as	as	ADV
fueconorg-5655	133	20	well	well	ADV
fueconorg-5655	133	21	as	as	ADP
fueconorg-5655	133	22	transmission	transmission	NOUN
fueconorg-5655	133	23	of	of	ADP
fueconorg-5655	133	24	external	external	ADJ
fueconorg-5655	133	25	shocks	shock	NOUN
fueconorg-5655	133	26	,	,	PUNCT
fueconorg-5655	133	27	e.g.	e.g.	ADV
fueconorg-5655	133	28	borghijs	borghijs	PROPN
fueconorg-5655	133	29	&	&	CCONJ
fueconorg-5655	133	30	kuijs	kuijs	PROPN
fueconorg-5655	133	31	(	(	PUNCT
fueconorg-5655	133	32	2004	2004	NUM
fueconorg-5655	133	33	)	)	PUNCT
fueconorg-5655	133	34	,	,	PUNCT
fueconorg-5655	133	35	ito	ito	PROPN
fueconorg-5655	133	36	&	&	CCONJ
fueconorg-5655	133	37	sato	sato	PROPN
fueconorg-5655	133	38	(	(	PUNCT
fueconorg-5655	133	39	2006	2006	NUM
fueconorg-5655	133	40	)	)	PUNCT
fueconorg-5655	133	41	,	,	PUNCT
fueconorg-5655	133	42	galesi	galesi	PROPN
fueconorg-5655	133	43	&	&	CCONJ
fueconorg-5655	133	44	lombardi	lombardi	PROPN
fueconorg-5655	133	45	(	(	PUNCT
fueconorg-5655	133	46	2009	2009	NUM
fueconorg-5655	133	47	)	)	PUNCT
fueconorg-5655	133	48	,	,	PUNCT
fueconorg-5655	133	49	polito	polito	PROPN
fueconorg-5655	133	50	&	&	CCONJ
fueconorg-5655	133	51	wickens	wicken	NOUN
fueconorg-5655	133	52	(	(	PUNCT
fueconorg-5655	133	53	2012	2012	NUM
fueconorg-5655	133	54	)	)	PUNCT
fueconorg-5655	133	55	,	,	PUNCT
fueconorg-5655	133	56	arratibel	arratibel	NOUN
fueconorg-5655	133	57	&	&	CCONJ
fueconorg-5655	133	58	michaelis	michaelis	PROPN
fueconorg-5655	133	59	(	(	PUNCT
fueconorg-5655	133	60	2014	2014	NUM
fueconorg-5655	133	61	)	)	PUNCT
fueconorg-5655	133	62	,	,	PUNCT
fueconorg-5655	133	63	kapuściński	kapuściński	INTJ
fueconorg-5655	133	64	et	et	PROPN
fueconorg-5655	133	65	al	al	PROPN
fueconorg-5655	133	66	.	.	PUNCT
fueconorg-5655	134	1	(	(	PUNCT
fueconorg-5655	134	2	2016	2016	NUM
fueconorg-5655	134	3	)	)	PUNCT
fueconorg-5655	134	4	,	,	PUNCT
fueconorg-5655	134	5	serwa	serwa	NOUN
fueconorg-5655	134	6	&	&	CCONJ
fueconorg-5655	134	7	wdowiński	wdowiński	PROPN
fueconorg-5655	134	8	(	(	PUNCT
fueconorg-5655	134	9	2016	2016	NUM
fueconorg-5655	134	10	)	)	PUNCT
fueconorg-5655	134	11	,	,	PUNCT
fueconorg-5655	134	12	ulrich	ulrich	PROPN
fueconorg-5655	134	13	(	(	PUNCT
fueconorg-5655	134	14	2018	2018	NUM
fueconorg-5655	134	15	)	)	PUNCT
fueconorg-5655	134	16	,	,	PUNCT
fueconorg-5655	134	17	etc	etc	X
fueconorg-5655	134	18	.	.	X
fueconorg-5655	135	1	the	the	DET
fueconorg-5655	135	2	var	var	NOUN
fueconorg-5655	135	3	model	model	NOUN
fueconorg-5655	135	4	is	be	AUX
fueconorg-5655	135	5	bivariate	bivariate	ADJ
fueconorg-5655	135	6	because	because	SCONJ
fueconorg-5655	135	7	it	it	PRON
fueconorg-5655	135	8	involves	involve	VERB
fueconorg-5655	135	9	changes	change	NOUN
fueconorg-5655	135	10	in	in	ADP
fueconorg-5655	135	11	the	the	DET
fueconorg-5655	135	12	ecb	ecb	NOUN
fueconorg-5655	135	13	's	's	PART
fueconorg-5655	135	14	short	short	ADJ
fueconorg-5655	135	15	-	-	PUNCT
fueconorg-5655	135	16	term	term	NOUN
fueconorg-5655	135	17	interest	interest	NOUN
fueconorg-5655	135	18	rate2	rate2	NOUN
fueconorg-5655	135	19	and	and	CCONJ
fueconorg-5655	135	20	national	national	ADJ
fueconorg-5655	135	21	gdp3	gdp3	NOUN
fueconorg-5655	135	22	of	of	ADP
fueconorg-5655	135	23	the	the	DET
fueconorg-5655	135	24	core	core	NOUN
fueconorg-5655	135	25	(	(	PUNCT
fueconorg-5655	135	26	germany	germany	PROPN
fueconorg-5655	135	27	,	,	PUNCT
fueconorg-5655	135	28	france	france	PROPN
fueconorg-5655	135	29	,	,	PUNCT
fueconorg-5655	135	30	belgium	belgium	PROPN
fueconorg-5655	135	31	)	)	PUNCT
fueconorg-5655	135	32	and	and	CCONJ
fueconorg-5655	135	33	the	the	DET
fueconorg-5655	135	34	periphery	periphery	NOUN
fueconorg-5655	135	35	(	(	PUNCT
fueconorg-5655	135	36	greece	greece	PROPN
fueconorg-5655	135	37	,	,	PUNCT
fueconorg-5655	135	38	spain	spain	PROPN
fueconorg-5655	135	39	,	,	PUNCT
fueconorg-5655	135	40	portugal	portugal	PROPN
fueconorg-5655	135	41	)	)	PUNCT
fueconorg-5655	135	42	.	.	PUNCT
fueconorg-5655	136	1	the	the	DET
fueconorg-5655	136	2	impulse	impulse	NOUN
fueconorg-5655	136	3	or	or	CCONJ
fueconorg-5655	136	4	the	the	DET
fueconorg-5655	136	5	shock	shock	NOUN
fueconorg-5655	136	6	represents	represent	VERB
fueconorg-5655	136	7	an	an	DET
fueconorg-5655	136	8	unexpected	unexpected	ADJ
fueconorg-5655	136	9	change	change	NOUN
fueconorg-5655	136	10	in	in	ADP
fueconorg-5655	136	11	the	the	DET
fueconorg-5655	136	12	ecb	ecb	NOUN
fueconorg-5655	136	13	’s	’s	PART
fueconorg-5655	136	14	interest	interest	NOUN
fueconorg-5655	136	15	rate	rate	NOUN
fueconorg-5655	136	16	.	.	PUNCT
fueconorg-5655	137	1	the	the	DET
fueconorg-5655	137	2	monetary	monetary	ADJ
fueconorg-5655	137	3	transmission	transmission	NOUN
fueconorg-5655	137	4	of	of	ADP
fueconorg-5655	137	5	the	the	DET
fueconorg-5655	137	6	shock	shock	NOUN
fueconorg-5655	137	7	(	(	PUNCT
fueconorg-5655	137	8	interest	interest	NOUN
fueconorg-5655	137	9	rate	rate	NOUN
fueconorg-5655	137	10	channel	channel	PROPN
fueconorg-5655	137	11	)	)	PUNCT
fueconorg-5655	137	12	to	to	ADP
fueconorg-5655	137	13	variations	variation	NOUN
fueconorg-5655	137	14	in	in	ADP
fueconorg-5655	137	15	economic	economic	ADJ
fueconorg-5655	137	16	activities	activity	NOUN
fueconorg-5655	137	17	(	(	PUNCT
fueconorg-5655	137	18	the	the	DET
fueconorg-5655	137	19	response	response	NOUN
fueconorg-5655	137	20	)	)	PUNCT
fueconorg-5655	137	21	has	have	AUX
fueconorg-5655	137	22	been	be	AUX
fueconorg-5655	137	23	tracked	track	VERB
fueconorg-5655	137	24	for	for	ADP
fueconorg-5655	137	25	the	the	DET
fueconorg-5655	137	26	aforementioned	aforementioned	ADJ
fueconorg-5655	137	27	economies	economy	NOUN
fueconorg-5655	137	28	during	during	ADP
fueconorg-5655	137	29	four	four	NUM
fueconorg-5655	137	30	quarters	quarter	NOUN
fueconorg-5655	137	31	.	.	PUNCT
fueconorg-5655	138	1	counter	counter	NOUN
fueconorg-5655	138	2	-	-	NOUN
fueconorg-5655	138	3	cyclicality	cyclicality	NOUN
fueconorg-5655	138	4	is	be	AUX
fueconorg-5655	138	5	reflected	reflect	VERB
fueconorg-5655	138	6	in	in	ADP
fueconorg-5655	138	7	negative	negative	ADJ
fueconorg-5655	138	8	reaction	reaction	NOUN
fueconorg-5655	138	9	of	of	ADP
fueconorg-5655	138	10	economic	economic	ADJ
fueconorg-5655	138	11	growth	growth	NOUN
fueconorg-5655	138	12	to	to	ADP
fueconorg-5655	138	13	the	the	DET
fueconorg-5655	138	14	rise	rise	NOUN
fueconorg-5655	138	15	of	of	ADP
fueconorg-5655	138	16	supranational	supranational	ADJ
fueconorg-5655	138	17	interest	interest	NOUN
fueconorg-5655	138	18	rate	rate	NOUN
fueconorg-5655	138	19	.	.	PUNCT
fueconorg-5655	139	1	the	the	DET
fueconorg-5655	139	2	research	research	NOUN
fueconorg-5655	139	3	period	period	NOUN
fueconorg-5655	139	4	covers	cover	VERB
fueconorg-5655	139	5	the	the	DET
fueconorg-5655	139	6	start	start	NOUN
fueconorg-5655	139	7	of	of	ADP
fueconorg-5655	139	8	ez	ez	PROPN
fueconorg-5655	139	9	functioning	function	VERB
fueconorg-5655	139	10	until	until	ADP
fueconorg-5655	139	11	the	the	DET
fueconorg-5655	139	12	last	last	ADJ
fueconorg-5655	139	13	quarter	quarter	NOUN
fueconorg-5655	139	14	of	of	ADP
fueconorg-5655	139	15	2018	2018	NUM
fueconorg-5655	139	16	,	,	PUNCT
fueconorg-5655	139	17	1999	1999	NUM
fueconorg-5655	139	18	:	:	PUNCT
fueconorg-5655	139	19	q1	q1	NOUN
fueconorg-5655	139	20	-	-	PUNCT
fueconorg-5655	139	21	2018	2018	NUM
fueconorg-5655	139	22	:	:	PUNCT
fueconorg-5655	140	1	q4	q4	PROPN
fueconorg-5655	140	2	.	.	PUNCT
fueconorg-5655	140	3	figure	figure	NOUN
fueconorg-5655	140	4	5	5	NUM
fueconorg-5655	140	5	shows	show	VERB
fueconorg-5655	140	6	the	the	DET
fueconorg-5655	140	7	tendency	tendency	NOUN
fueconorg-5655	140	8	of	of	ADP
fueconorg-5655	140	9	the	the	DET
fueconorg-5655	140	10	ecb	ecb	NOUN
fueconorg-5655	140	11	’s	’s	PART
fueconorg-5655	140	12	interest	interest	NOUN
fueconorg-5655	140	13	rate	rate	NOUN
fueconorg-5655	140	14	over	over	ADP
fueconorg-5655	140	15	the	the	DET
fueconorg-5655	140	16	mentioned	mention	VERB
fueconorg-5655	140	17	period	period	NOUN
fueconorg-5655	140	18	.	.	PUNCT
fueconorg-5655	141	1	in	in	ADP
fueconorg-5655	141	2	addition	addition	NOUN
fueconorg-5655	141	3	to	to	ADP
fueconorg-5655	141	4	the	the	DET
fueconorg-5655	141	5	rigid	rigid	ADJ
fueconorg-5655	141	6	position	position	NOUN
fueconorg-5655	141	7	of	of	ADP
fueconorg-5655	141	8	supranational	supranational	ADJ
fueconorg-5655	141	9	monetary	monetary	ADJ
fueconorg-5655	141	10	authority	authority	NOUN
fueconorg-5655	141	11	at	at	ADP
fueconorg-5655	141	12	the	the	DET
fueconorg-5655	141	13	beginning	beginning	NOUN
fueconorg-5655	141	14	of	of	ADP
fueconorg-5655	141	15	the	the	DET
fueconorg-5655	141	16	ez	ez	PROPN
fueconorg-5655	141	17	functioning	functioning	NOUN
fueconorg-5655	141	18	and	and	CCONJ
fueconorg-5655	141	19	another	another	DET
fueconorg-5655	141	20	tightening	tightening	NOUN
fueconorg-5655	141	21	with	with	ADP
fueconorg-5655	141	22	the	the	DET
fueconorg-5655	141	23	outbreak	outbreak	NOUN
fueconorg-5655	141	24	of	of	ADP
fueconorg-5655	141	25	the	the	DET
fueconorg-5655	141	26	debt	debt	NOUN
fueconorg-5655	141	27	crisis	crisis	NOUN
fueconorg-5655	141	28	,	,	PUNCT
fueconorg-5655	141	29	the	the	DET
fueconorg-5655	141	30	ecb	ecb	NOUN
fueconorg-5655	141	31	takes	take	VERB
fueconorg-5655	141	32	a	a	DET
fueconorg-5655	141	33	more	more	ADV
fueconorg-5655	141	34	relaxed	relaxed	ADJ
fueconorg-5655	141	35	stance	stance	NOUN
fueconorg-5655	141	36	with	with	ADP
fueconorg-5655	141	37	a	a	DET
fueconorg-5655	141	38	sharp	sharp	ADJ
fueconorg-5655	141	39	interest	interest	NOUN
fueconorg-5655	141	40	rate	rate	NOUN
fueconorg-5655	141	41	drop	drop	NOUN
fueconorg-5655	141	42	in	in	ADP
fueconorg-5655	141	43	the	the	DET
fueconorg-5655	141	44	post	post	ADJ
fueconorg-5655	141	45	-	-	ADJ
fueconorg-5655	141	46	crisis	crisis	ADJ
fueconorg-5655	141	47	period	period	NOUN
fueconorg-5655	141	48	.	.	PUNCT
fueconorg-5655	142	1	2	2	NUM
fueconorg-5655	142	2	money	money	NOUN
fueconorg-5655	142	3	market	market	NOUN
fueconorg-5655	142	4	interest	interest	NOUN
fueconorg-5655	142	5	rate	rate	NOUN
fueconorg-5655	142	6	–	–	PUNCT
fueconorg-5655	142	7	quarterly	quarterly	ADJ
fueconorg-5655	142	8	data	datum	NOUN
fueconorg-5655	142	9	,	,	PUNCT
fueconorg-5655	142	10	the	the	DET
fueconorg-5655	142	11	period	period	NOUN
fueconorg-5655	142	12	1999	1999	NUM
fueconorg-5655	142	13	:	:	PUNCT
fueconorg-5655	142	14	q1	q1	NOUN
fueconorg-5655	142	15	-	-	PUNCT
fueconorg-5655	142	16	2018	2018	NUM
fueconorg-5655	142	17	:	:	PUNCT
fueconorg-5655	142	18	q4	q4	PROPN
fueconorg-5655	142	19	,	,	PUNCT
fueconorg-5655	142	20	eurostat	eurostat	PROPN
fueconorg-5655	142	21	.	.	PROPN
fueconorg-5655	142	22	3	3	NUM
fueconorg-5655	142	23	nominal	nominal	PROPN
fueconorg-5655	142	24	gdp	gdp	NOUN
fueconorg-5655	142	25	(	(	PUNCT
fueconorg-5655	142	26	seasonally	seasonally	ADV
fueconorg-5655	142	27	adjusted	adjust	VERB
fueconorg-5655	142	28	)	)	PUNCT
fueconorg-5655	142	29	–	–	PUNCT
fueconorg-5655	142	30	quarterly	quarterly	ADJ
fueconorg-5655	142	31	data	datum	NOUN
fueconorg-5655	142	32	,	,	PUNCT
fueconorg-5655	142	33	the	the	DET
fueconorg-5655	142	34	period	period	NOUN
fueconorg-5655	142	35	1999	1999	NUM
fueconorg-5655	142	36	:	:	PUNCT
fueconorg-5655	142	37	q1	q1	NOUN
fueconorg-5655	142	38	-	-	PUNCT
fueconorg-5655	142	39	2018	2018	NUM
fueconorg-5655	142	40	:	:	PUNCT
fueconorg-5655	142	41	q4	q4	PROPN
fueconorg-5655	142	42	,	,	PUNCT
fueconorg-5655	142	43	international	international	ADJ
fueconorg-5655	142	44	financial	financial	ADJ
fueconorg-5655	142	45	statistics	statistic	NOUN
fueconorg-5655	142	46	,	,	PUNCT
fueconorg-5655	142	47	imf	imf	PROPN
fueconorg-5655	142	48	.	.	PUNCT
fueconorg-5655	143	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	143	2	divergences	divergence	NOUN
fueconorg-5655	143	3	and	and	CCONJ
fueconorg-5655	143	4	asymmetric	asymmetric	ADJ
fueconorg-5655	143	5	resonses	resonse	NOUN
fueconorg-5655	143	6	within	within	ADP
fueconorg-5655	143	7	the	the	DET
fueconorg-5655	143	8	euro	euro	NOUN
fueconorg-5655	143	9	-	-	PUNCT
fueconorg-5655	143	10	zone	zone	NOUN
fueconorg-5655	143	11	35	35	NUM
fueconorg-5655	143	12	0	0	NUM
fueconorg-5655	143	13	.	.	PUNCT
fueconorg-5655	143	14	00	00	NUM
fueconorg-5655	144	1	1	1	NUM
fueconorg-5655	144	2	.	.	NUM
fueconorg-5655	144	3	00	00	NUM
fueconorg-5655	145	1	2	2	NUM
fueconorg-5655	145	2	.	.	NUM
fueconorg-5655	145	3	00	00	NUM
fueconorg-5655	146	1	3	3	NUM
fueconorg-5655	146	2	.	.	NUM
fueconorg-5655	146	3	00	00	NUM
fueconorg-5655	147	1	4	4	NUM
fueconorg-5655	147	2	.	.	NUM
fueconorg-5655	147	3	00	00	NUM
fueconorg-5655	148	1	5	5	NUM
fueconorg-5655	148	2	.	.	PUNCT
fueconorg-5655	148	3	00	00	PUNCT
fueconorg-5655	149	1	e	e	X
fueconorg-5655	149	2	c	c	NOUN
fueconorg-5655	149	3	b	b	X
fueconorg-5655	149	4	ir	ir	X
fueconorg-5655	149	5	2000q1	2000q1	NOUN
fueconorg-5655	149	6	2005q1	2005q1	NUM
fueconorg-5655	149	7	2010q1	2010q1	NUM
fueconorg-5655	149	8	2015q1	2015q1	NUM
fueconorg-5655	149	9	2020q1	2020q1	NUM
fueconorg-5655	149	10	datevar	datevar	NOUN
fueconorg-5655	149	11	fig	fig	NOUN
fueconorg-5655	149	12	.	.	PUNCT
fueconorg-5655	150	1	5	5	NUM
fueconorg-5655	150	2	ecb	ecb	PROPN
fueconorg-5655	150	3	’s	’s	PART
fueconorg-5655	150	4	money	money	NOUN
fueconorg-5655	150	5	market	market	NOUN
fueconorg-5655	150	6	interest	interest	NOUN
fueconorg-5655	150	7	rate	rate	NOUN
fueconorg-5655	150	8	in	in	ADP
fueconorg-5655	150	9	the	the	DET
fueconorg-5655	150	10	period	period	NOUN
fueconorg-5655	150	11	1999	1999	NUM
fueconorg-5655	150	12	:	:	PUNCT
fueconorg-5655	150	13	q1	q1	NOUN
fueconorg-5655	150	14	-	-	PUNCT
fueconorg-5655	150	15	2018	2018	NUM
fueconorg-5655	150	16	:	:	PUNCT
fueconorg-5655	150	17	q4	q4	PROPN
fueconorg-5655	150	18	source	source	NOUN
fueconorg-5655	150	19	:	:	PUNCT
fueconorg-5655	150	20	authors	author	NOUN
fueconorg-5655	150	21	’	'	PUNCT
fueconorg-5655	150	22	review	review	NOUN
fueconorg-5655	150	23	based	base	VERB
fueconorg-5655	150	24	on	on	ADP
fueconorg-5655	150	25	quarterly	quarterly	PROPN
fueconorg-5655	150	26	eurostat	eurostat	PROPN
fueconorg-5655	150	27	data	data	PROPN
fueconorg-5655	150	28	.	.	PUNCT
fueconorg-5655	151	1	figure	figure	NOUN
fueconorg-5655	151	2	6	6	NUM
fueconorg-5655	151	3	shows	show	VERB
fueconorg-5655	151	4	nominal	nominal	ADJ
fueconorg-5655	151	5	gdp	gdp	NOUN
fueconorg-5655	151	6	(	(	PUNCT
fueconorg-5655	151	7	seasonally	seasonally	ADV
fueconorg-5655	151	8	adjusted	adjust	VERB
fueconorg-5655	151	9	)	)	PUNCT
fueconorg-5655	151	10	for	for	ADP
fueconorg-5655	151	11	germany	germany	PROPN
fueconorg-5655	151	12	,	,	PUNCT
fueconorg-5655	151	13	france	france	PROPN
fueconorg-5655	151	14	,	,	PUNCT
fueconorg-5655	151	15	belgium	belgium	PROPN
fueconorg-5655	151	16	(	(	PUNCT
fueconorg-5655	151	17	upper	upper	ADJ
fueconorg-5655	151	18	graphs	graph	NOUN
fueconorg-5655	151	19	)	)	PUNCT
fueconorg-5655	151	20	and	and	CCONJ
fueconorg-5655	151	21	greece	greece	PROPN
fueconorg-5655	151	22	,	,	PUNCT
fueconorg-5655	151	23	spain	spain	PROPN
fueconorg-5655	151	24	and	and	CCONJ
fueconorg-5655	151	25	portugal	portugal	PROPN
fueconorg-5655	151	26	(	(	PUNCT
fueconorg-5655	151	27	below	below	ADP
fueconorg-5655	151	28	graphs	graph	NOUN
fueconorg-5655	151	29	)	)	PUNCT
fueconorg-5655	151	30	.	.	PUNCT
fueconorg-5655	152	1	the	the	DET
fueconorg-5655	152	2	divergence	divergence	NOUN
fueconorg-5655	152	3	in	in	ADP
fueconorg-5655	152	4	gdp	gdp	NOUN
fueconorg-5655	152	5	trend	trend	NOUN
fueconorg-5655	152	6	is	be	AUX
fueconorg-5655	152	7	clearly	clearly	ADV
fueconorg-5655	152	8	evident	evident	ADJ
fueconorg-5655	152	9	in	in	ADP
fueconorg-5655	152	10	presented	present	VERB
fueconorg-5655	152	11	figures	figure	NOUN
fueconorg-5655	152	12	.	.	PUNCT
fueconorg-5655	153	1	in	in	ADP
fueconorg-5655	153	2	addition	addition	NOUN
fueconorg-5655	153	3	to	to	ADP
fueconorg-5655	153	4	a	a	DET
fueconorg-5655	153	5	structural	structural	ADJ
fueconorg-5655	153	6	break	break	NOUN
fueconorg-5655	153	7	in	in	ADP
fueconorg-5655	153	8	the	the	DET
fueconorg-5655	153	9	crisis	crisis	NOUN
fueconorg-5655	153	10	year	year	NOUN
fueconorg-5655	153	11	,	,	PUNCT
fueconorg-5655	153	12	the	the	DET
fueconorg-5655	153	13	core	core	NOUN
fueconorg-5655	153	14	countries	country	NOUN
fueconorg-5655	153	15	continue	continue	VERB
fueconorg-5655	153	16	the	the	DET
fueconorg-5655	153	17	path	path	NOUN
fueconorg-5655	153	18	of	of	ADP
fueconorg-5655	153	19	economic	economic	ADJ
fueconorg-5655	153	20	expansion	expansion	NOUN
fueconorg-5655	153	21	.	.	PUNCT
fueconorg-5655	154	1	on	on	ADP
fueconorg-5655	154	2	the	the	DET
fueconorg-5655	154	3	other	other	ADJ
fueconorg-5655	154	4	hand	hand	NOUN
fueconorg-5655	154	5	,	,	PUNCT
fueconorg-5655	154	6	greek	greek	ADJ
fueconorg-5655	154	7	gdp	gdp	NOUN
fueconorg-5655	154	8	has	have	AUX
fueconorg-5655	154	9	not	not	PART
fueconorg-5655	154	10	yet	yet	ADV
fueconorg-5655	154	11	recovered	recover	VERB
fueconorg-5655	154	12	since	since	SCONJ
fueconorg-5655	154	13	the	the	DET
fueconorg-5655	154	14	global	global	ADJ
fueconorg-5655	154	15	crisis	crisis	NOUN
fueconorg-5655	154	16	.	.	PUNCT
fueconorg-5655	155	1	in	in	ADP
fueconorg-5655	155	2	the	the	DET
fueconorg-5655	155	3	case	case	NOUN
fueconorg-5655	155	4	of	of	ADP
fueconorg-5655	155	5	portugal	portugal	PROPN
fueconorg-5655	155	6	and	and	CCONJ
fueconorg-5655	155	7	spain	spain	PROPN
fueconorg-5655	155	8	,	,	PUNCT
fueconorg-5655	155	9	the	the	DET
fueconorg-5655	155	10	recovery	recovery	NOUN
fueconorg-5655	155	11	was	be	AUX
fueconorg-5655	155	12	slow	slow	ADJ
fueconorg-5655	155	13	.	.	PUNCT
fueconorg-5655	156	1	the	the	DET
fueconorg-5655	156	2	induction	induction	NOUN
fueconorg-5655	156	3	of	of	ADP
fueconorg-5655	156	4	growth	growth	NOUN
fueconorg-5655	156	5	followed	follow	VERB
fueconorg-5655	156	6	in	in	ADP
fueconorg-5655	156	7	2015	2015	NUM
fueconorg-5655	156	8	,	,	PUNCT
fueconorg-5655	156	9	after	after	ADP
fueconorg-5655	156	10	years	year	NOUN
fueconorg-5655	156	11	of	of	ADP
fueconorg-5655	156	12	economic	economic	ADJ
fueconorg-5655	156	13	stagnation	stagnation	NOUN
fueconorg-5655	156	14	.	.	PUNCT
fueconorg-5655	157	1	germany	germany	PROPN
fueconorg-5655	157	2	france	france	PROPN
fueconorg-5655	157	3	belgium	belgium	PROPN
fueconorg-5655	157	4	5	5	NUM
fueconorg-5655	157	5	0	0	NUM
fueconorg-5655	157	6	0	0	NUM
fueconorg-5655	157	7	0	0	NUM
fueconorg-5655	157	8	0	0	NUM
fueconorg-5655	157	9	0	0	NUM
fueconorg-5655	157	10	6	6	NUM
fueconorg-5655	157	11	0	0	NUM
fueconorg-5655	157	12	0	0	NUM
fueconorg-5655	157	13	0	0	NUM
fueconorg-5655	157	14	0	0	NUM
fueconorg-5655	157	15	0	0	NUM
fueconorg-5655	157	16	7	7	NUM
fueconorg-5655	157	17	0	0	NUM
fueconorg-5655	157	18	0	0	NUM
fueconorg-5655	157	19	0	0	NUM
fueconorg-5655	157	20	0	0	NUM
fueconorg-5655	157	21	0	0	NUM
fueconorg-5655	157	22	8	8	NUM
fueconorg-5655	157	23	0	0	NUM
fueconorg-5655	157	24	0	0	NUM
fueconorg-5655	157	25	0	0	NUM
fueconorg-5655	157	26	0	0	NUM
fueconorg-5655	157	27	0	0	NUM
fueconorg-5655	157	28	9	9	NUM
fueconorg-5655	157	29	0	0	NUM
fueconorg-5655	157	30	0	0	NUM
fueconorg-5655	157	31	0	0	NUM
fueconorg-5655	157	32	0	0	NUM
fueconorg-5655	157	33	0	0	NUM
fueconorg-5655	158	1	g	g	NOUN
fueconorg-5655	158	2	d	d	PROPN
fueconorg-5655	158	3	p	p	NOUN
fueconorg-5655	158	4	2000q1	2000q1	NOUN
fueconorg-5655	158	5	2005q1	2005q1	NUM
fueconorg-5655	158	6	2010q1	2010q1	NUM
fueconorg-5655	158	7	2015q1	2015q1	NUM
fueconorg-5655	158	8	2020q1	2020q1	NUM
fueconorg-5655	158	9	datevar	datevar	NOUN
fueconorg-5655	158	10	3	3	NUM
fueconorg-5655	158	11	5	5	NUM
fueconorg-5655	158	12	0	0	NUM
fueconorg-5655	158	13	0	0	NUM
fueconorg-5655	158	14	0	0	NUM
fueconorg-5655	158	15	0	0	NUM
fueconorg-5655	158	16	4	4	NUM
fueconorg-5655	158	17	0	0	NUM
fueconorg-5655	158	18	0	0	NUM
fueconorg-5655	158	19	0	0	NUM
fueconorg-5655	158	20	0	0	NUM
fueconorg-5655	158	21	0	0	NUM
fueconorg-5655	158	22	4	4	NUM
fueconorg-5655	158	23	5	5	NUM
fueconorg-5655	158	24	0	0	NUM
fueconorg-5655	158	25	0	0	NUM
fueconorg-5655	158	26	0	0	NUM
fueconorg-5655	158	27	0	0	NUM
fueconorg-5655	158	28	5	5	NUM
fueconorg-5655	158	29	0	0	NUM
fueconorg-5655	158	30	0	0	NUM
fueconorg-5655	158	31	0	0	NUM
fueconorg-5655	158	32	0	0	NUM
fueconorg-5655	158	33	0	0	NUM
fueconorg-5655	158	34	5	5	NUM
fueconorg-5655	158	35	5	5	NUM
fueconorg-5655	158	36	0	0	NUM
fueconorg-5655	158	37	0	0	NUM
fueconorg-5655	158	38	0	0	NUM
fueconorg-5655	158	39	0	0	NUM
fueconorg-5655	158	40	6	6	NUM
fueconorg-5655	158	41	0	0	NUM
fueconorg-5655	158	42	0	0	NUM
fueconorg-5655	158	43	0	0	NUM
fueconorg-5655	158	44	0	0	NUM
fueconorg-5655	158	45	0	0	NUM
fueconorg-5655	159	1	g	g	NOUN
fueconorg-5655	159	2	d	d	PROPN
fueconorg-5655	159	3	p	p	NOUN
fueconorg-5655	159	4	2000q1	2000q1	NOUN
fueconorg-5655	159	5	2005q1	2005q1	NUM
fueconorg-5655	159	6	2010q1	2010q1	NUM
fueconorg-5655	159	7	2015q1	2015q1	NUM
fueconorg-5655	160	1	2020q1	2020q1	NUM
fueconorg-5655	160	2	datevar	datevar	NOUN
fueconorg-5655	160	3	6	6	NUM
fueconorg-5655	160	4	0	0	NUM
fueconorg-5655	160	5	0	0	NUM
fueconorg-5655	160	6	0	0	NUM
fueconorg-5655	160	7	0	0	NUM
fueconorg-5655	160	8	8	8	NUM
fueconorg-5655	160	9	0	0	NUM
fueconorg-5655	160	10	0	0	NUM
fueconorg-5655	160	11	0	0	NUM
fueconorg-5655	160	12	0	0	NUM
fueconorg-5655	160	13	1	1	NUM
fueconorg-5655	160	14	0	0	NUM
fueconorg-5655	160	15	0	0	NUM
fueconorg-5655	160	16	0	0	NUM
fueconorg-5655	160	17	0	0	NUM
fueconorg-5655	160	18	0	0	NUM
fueconorg-5655	160	19	1	1	NUM
fueconorg-5655	160	20	2	2	NUM
fueconorg-5655	160	21	0	0	NUM
fueconorg-5655	160	22	0	0	NUM
fueconorg-5655	160	23	0	0	NUM
fueconorg-5655	160	24	0	0	NUM
fueconorg-5655	160	25	g	g	NOUN
fueconorg-5655	160	26	d	d	PROPN
fueconorg-5655	160	27	p	p	NOUN
fueconorg-5655	160	28	2000q1	2000q1	NOUN
fueconorg-5655	160	29	2005q1	2005q1	NUM
fueconorg-5655	160	30	2010q1	2010q1	NUM
fueconorg-5655	160	31	2015q1	2015q1	NUM
fueconorg-5655	160	32	2020q1	2020q1	NUM
fueconorg-5655	160	33	datevar	datevar	NOUN
fueconorg-5655	160	34	spain	spain	PROPN
fueconorg-5655	160	35	greece	greece	PROPN
fueconorg-5655	160	36	portugal	portugal	PROPN
fueconorg-5655	160	37	3	3	NUM
fueconorg-5655	160	38	5	5	NUM
fueconorg-5655	160	39	0	0	NUM
fueconorg-5655	160	40	0	0	NUM
fueconorg-5655	160	41	0	0	NUM
fueconorg-5655	160	42	4	4	NUM
fueconorg-5655	160	43	0	0	NUM
fueconorg-5655	160	44	0	0	NUM
fueconorg-5655	160	45	0	0	NUM
fueconorg-5655	160	46	0	0	NUM
fueconorg-5655	160	47	4	4	NUM
fueconorg-5655	160	48	5	5	NUM
fueconorg-5655	160	49	0	0	NUM
fueconorg-5655	160	50	0	0	NUM
fueconorg-5655	160	51	0	0	NUM
fueconorg-5655	160	52	5	5	NUM
fueconorg-5655	160	53	0	0	NUM
fueconorg-5655	160	54	0	0	NUM
fueconorg-5655	160	55	0	0	NUM
fueconorg-5655	160	56	0	0	NUM
fueconorg-5655	160	57	5	5	NUM
fueconorg-5655	160	58	5	5	NUM
fueconorg-5655	160	59	0	0	NUM
fueconorg-5655	160	60	0	0	NUM
fueconorg-5655	160	61	0	0	NUM
fueconorg-5655	160	62	6	6	NUM
fueconorg-5655	160	63	0	0	NUM
fueconorg-5655	160	64	0	0	NUM
fueconorg-5655	160	65	0	0	NUM
fueconorg-5655	160	66	0	0	NUM
fueconorg-5655	160	67	g	g	NOUN
fueconorg-5655	160	68	d	d	PROPN
fueconorg-5655	160	69	p	p	NOUN
fueconorg-5655	160	70	2000q1	2000q1	NOUN
fueconorg-5655	160	71	2005q1	2005q1	NUM
fueconorg-5655	160	72	2010q1	2010q1	NUM
fueconorg-5655	160	73	2015q1	2015q1	NUM
fueconorg-5655	160	74	2020q1	2020q1	NUM
fueconorg-5655	160	75	datevar	datevar	NOUN
fueconorg-5655	160	76	3	3	NUM
fueconorg-5655	160	77	0	0	NUM
fueconorg-5655	160	78	0	0	NUM
fueconorg-5655	160	79	0	0	NUM
fueconorg-5655	160	80	0	0	NUM
fueconorg-5655	160	81	3	3	NUM
fueconorg-5655	160	82	5	5	NUM
fueconorg-5655	160	83	0	0	NUM
fueconorg-5655	160	84	0	0	NUM
fueconorg-5655	160	85	0	0	NUM
fueconorg-5655	160	86	4	4	NUM
fueconorg-5655	160	87	0	0	NUM
fueconorg-5655	160	88	0	0	NUM
fueconorg-5655	160	89	0	0	NUM
fueconorg-5655	160	90	0	0	NUM
fueconorg-5655	160	91	4	4	NUM
fueconorg-5655	160	92	5	5	NUM
fueconorg-5655	160	93	0	0	NUM
fueconorg-5655	160	94	0	0	NUM
fueconorg-5655	160	95	0	0	NUM
fueconorg-5655	160	96	5	5	NUM
fueconorg-5655	160	97	0	0	NUM
fueconorg-5655	160	98	0	0	NUM
fueconorg-5655	160	99	0	0	NUM
fueconorg-5655	160	100	0	0	NUM
fueconorg-5655	161	1	g	g	NOUN
fueconorg-5655	161	2	d	d	PROPN
fueconorg-5655	161	3	p	p	NOUN
fueconorg-5655	161	4	2000q1	2000q1	NOUN
fueconorg-5655	161	5	2005q1	2005q1	NUM
fueconorg-5655	161	6	2010q1	2010q1	NUM
fueconorg-5655	161	7	2015q1	2015q1	NUM
fueconorg-5655	161	8	2020q1	2020q1	NUM
fueconorg-5655	161	9	datevar	datevar	NOUN
fueconorg-5655	161	10	1	1	NUM
fueconorg-5655	161	11	5	5	NUM
fueconorg-5655	161	12	0	0	NUM
fueconorg-5655	161	13	0	0	NUM
fueconorg-5655	161	14	0	0	NUM
fueconorg-5655	161	15	0	0	NUM
fueconorg-5655	161	16	2	2	NUM
fueconorg-5655	161	17	0	0	NUM
fueconorg-5655	161	18	0	0	NUM
fueconorg-5655	161	19	0	0	NUM
fueconorg-5655	161	20	0	0	NUM
fueconorg-5655	161	21	0	0	NUM
fueconorg-5655	161	22	2	2	NUM
fueconorg-5655	161	23	5	5	NUM
fueconorg-5655	161	24	0	0	NUM
fueconorg-5655	161	25	0	0	NUM
fueconorg-5655	161	26	0	0	NUM
fueconorg-5655	161	27	0	0	NUM
fueconorg-5655	161	28	3	3	NUM
fueconorg-5655	161	29	0	0	NUM
fueconorg-5655	161	30	0	0	NUM
fueconorg-5655	161	31	0	0	NUM
fueconorg-5655	161	32	0	0	NUM
fueconorg-5655	161	33	0	0	NUM
fueconorg-5655	162	1	g	g	NOUN
fueconorg-5655	162	2	d	d	PROPN
fueconorg-5655	162	3	p	p	NOUN
fueconorg-5655	162	4	2000q1	2000q1	NOUN
fueconorg-5655	162	5	2005q1	2005q1	NUM
fueconorg-5655	162	6	2010q1	2010q1	NUM
fueconorg-5655	162	7	2015q1	2015q1	NUM
fueconorg-5655	162	8	2020q1	2020q1	NUM
fueconorg-5655	162	9	datevar	datevar	NOUN
fueconorg-5655	162	10	fig	fig	NOUN
fueconorg-5655	162	11	.	.	PUNCT
fueconorg-5655	163	1	6	6	NUM
fueconorg-5655	163	2	nominal	nominal	ADJ
fueconorg-5655	163	3	gdp	gdp	NOUN
fueconorg-5655	163	4	(	(	PUNCT
fueconorg-5655	163	5	seasonally	seasonally	ADV
fueconorg-5655	163	6	adjusted	adjust	VERB
fueconorg-5655	163	7	)	)	PUNCT
fueconorg-5655	163	8	of	of	ADP
fueconorg-5655	163	9	ez	ez	PROPN
fueconorg-5655	163	10	core	core	NOUN
fueconorg-5655	163	11	(	(	PUNCT
fueconorg-5655	163	12	above	above	ADJ
fueconorg-5655	163	13	)	)	PUNCT
fueconorg-5655	163	14	and	and	CCONJ
fueconorg-5655	163	15	periphery	periphery	NOUN
fueconorg-5655	163	16	(	(	PUNCT
fueconorg-5655	163	17	below	below	ADV
fueconorg-5655	163	18	)	)	PUNCT
fueconorg-5655	163	19	representatives	representative	NOUN
fueconorg-5655	163	20	in	in	ADP
fueconorg-5655	163	21	the	the	DET
fueconorg-5655	163	22	period	period	NOUN
fueconorg-5655	163	23	2000	2000	NUM
fueconorg-5655	163	24	-	-	SYM
fueconorg-5655	163	25	2019	2019	NUM
fueconorg-5655	163	26	source	source	NOUN
fueconorg-5655	163	27	:	:	PUNCT
fueconorg-5655	163	28	authors	author	NOUN
fueconorg-5655	163	29	’	'	PUNCT
fueconorg-5655	163	30	review	review	NOUN
fueconorg-5655	163	31	based	base	VERB
fueconorg-5655	163	32	on	on	ADP
fueconorg-5655	163	33	quarterly	quarterly	ADJ
fueconorg-5655	163	34	data	datum	NOUN
fueconorg-5655	163	35	imf	imf	PROPN
fueconorg-5655	163	36	international	international	ADJ
fueconorg-5655	163	37	financial	financial	ADJ
fueconorg-5655	163	38	statistics	statistic	NOUN
fueconorg-5655	163	39	.	.	PUNCT
fueconorg-5655	164	1	36	36	NUM
fueconorg-5655	164	2	e.	e.	PROPN
fueconorg-5655	164	3	beker	beker	PROPN
fueconorg-5655	164	4	pucar	pucar	PROPN
fueconorg-5655	164	5	,	,	PUNCT
fueconorg-5655	164	6	o.	o.	PROPN
fueconorg-5655	164	7	glavańki	glavańki	VERB
fueconorg-5655	164	8	the	the	DET
fueconorg-5655	164	9	var	var	PROPN
fueconorg-5655	164	10	model	model	PROPN
fueconorg-5655	164	11	estimation	estimation	NOUN
fueconorg-5655	164	12	is	be	AUX
fueconorg-5655	164	13	preceded	precede	VERB
fueconorg-5655	164	14	by	by	ADP
fueconorg-5655	164	15	stationarity	stationarity	NOUN
fueconorg-5655	164	16	tests	test	NOUN
fueconorg-5655	164	17	of	of	ADP
fueconorg-5655	164	18	the	the	DET
fueconorg-5655	164	19	ecb	ecb	NOUN
fueconorg-5655	164	20	’s	’s	PART
fueconorg-5655	164	21	interest	interest	NOUN
fueconorg-5655	164	22	rate	rate	NOUN
fueconorg-5655	164	23	and	and	CCONJ
fueconorg-5655	164	24	national	national	ADJ
fueconorg-5655	164	25	gdp	gdp	NOUN
fueconorg-5655	164	26	levels	level	NOUN
fueconorg-5655	164	27	of	of	ADP
fueconorg-5655	164	28	selected	select	VERB
fueconorg-5655	164	29	core	core	NOUN
fueconorg-5655	164	30	and	and	CCONJ
fueconorg-5655	164	31	periphery	periphery	NOUN
fueconorg-5655	164	32	countries	country	NOUN
fueconorg-5655	164	33	.	.	PUNCT
fueconorg-5655	165	1	the	the	DET
fueconorg-5655	165	2	dickey	dickey	NOUN
fueconorg-5655	165	3	-	-	PUNCT
fueconorg-5655	165	4	fuller	full	ADJ
fueconorg-5655	165	5	and	and	CCONJ
fueconorg-5655	165	6	phillips	phillips	PROPN
fueconorg-5655	165	7	-	-	PUNCT
fueconorg-5655	165	8	perron	perron	PROPN
fueconorg-5655	165	9	stationarity	stationarity	NOUN
fueconorg-5655	165	10	tests	test	NOUN
fueconorg-5655	165	11	for	for	ADP
fueconorg-5655	165	12	both	both	DET
fueconorg-5655	165	13	variables	variable	NOUN
fueconorg-5655	165	14	,	,	PUNCT
fueconorg-5655	165	15	and	and	CCONJ
fueconorg-5655	165	16	in	in	ADP
fueconorg-5655	165	17	all	all	DET
fueconorg-5655	165	18	the	the	DET
fueconorg-5655	165	19	economies	economy	NOUN
fueconorg-5655	165	20	examined	examine	VERB
fueconorg-5655	165	21	,	,	PUNCT
fueconorg-5655	165	22	indicate	indicate	VERB
fueconorg-5655	165	23	acceptance	acceptance	NOUN
fueconorg-5655	165	24	of	of	ADP
fueconorg-5655	165	25	the	the	DET
fueconorg-5655	165	26	null	null	ADJ
fueconorg-5655	165	27	hypothesis	hypothesis	NOUN
fueconorg-5655	165	28	.	.	PUNCT
fueconorg-5655	166	1	therefore	therefore	ADV
fueconorg-5655	166	2	,	,	PUNCT
fueconorg-5655	166	3	the	the	DET
fueconorg-5655	166	4	time	time	NOUN
fueconorg-5655	166	5	series	series	NOUN
fueconorg-5655	166	6	of	of	ADP
fueconorg-5655	166	7	the	the	DET
fueconorg-5655	166	8	ecb	ecb	NOUN
fueconorg-5655	166	9	’s	’s	PART
fueconorg-5655	166	10	interest	interest	NOUN
fueconorg-5655	166	11	rate	rate	NOUN
fueconorg-5655	166	12	and	and	CCONJ
fueconorg-5655	166	13	the	the	DET
fueconorg-5655	166	14	gdp	gdp	NOUN
fueconorg-5655	166	15	of	of	ADP
fueconorg-5655	166	16	the	the	DET
fueconorg-5655	166	17	ez	ez	PROPN
fueconorg-5655	166	18	core	core	PROPN
fueconorg-5655	166	19	and	and	CCONJ
fueconorg-5655	166	20	periphery	periphery	NOUN
fueconorg-5655	166	21	countries	country	NOUN
fueconorg-5655	166	22	are	be	AUX
fueconorg-5655	166	23	non	non	ADJ
fueconorg-5655	166	24	-	-	ADJ
fueconorg-5655	166	25	stationary	stationary	ADJ
fueconorg-5655	166	26	.	.	PUNCT
fueconorg-5655	167	1	nonstationarity	nonstationarity	NOUN
fueconorg-5655	167	2	indicates	indicate	VERB
fueconorg-5655	167	3	that	that	SCONJ
fueconorg-5655	167	4	the	the	DET
fueconorg-5655	167	5	economic	economic	ADJ
fueconorg-5655	167	6	shock	shock	NOUN
fueconorg-5655	167	7	has	have	VERB
fueconorg-5655	167	8	a	a	DET
fueconorg-5655	167	9	lasting	lasting	ADJ
fueconorg-5655	167	10	effect	effect	NOUN
fueconorg-5655	167	11	on	on	ADP
fueconorg-5655	167	12	these	these	DET
fueconorg-5655	167	13	time	time	NOUN
fueconorg-5655	167	14	series	series	NOUN
fueconorg-5655	167	15	and	and	CCONJ
fueconorg-5655	167	16	that	that	SCONJ
fueconorg-5655	167	17	after	after	ADP
fueconorg-5655	167	18	the	the	DET
fueconorg-5655	167	19	effect	effect	NOUN
fueconorg-5655	167	20	of	of	ADP
fueconorg-5655	167	21	the	the	DET
fueconorg-5655	167	22	asymmetric	asymmetric	ADJ
fueconorg-5655	167	23	shock	shock	NOUN
fueconorg-5655	167	24	it	it	PRON
fueconorg-5655	167	25	is	be	AUX
fueconorg-5655	167	26	difficult	difficult	ADJ
fueconorg-5655	167	27	and	and	CCONJ
fueconorg-5655	167	28	slow	slow	ADJ
fueconorg-5655	167	29	to	to	PART
fueconorg-5655	167	30	return	return	VERB
fueconorg-5655	167	31	to	to	ADP
fueconorg-5655	167	32	the	the	DET
fueconorg-5655	167	33	equilibrium	equilibrium	NOUN
fueconorg-5655	167	34	path	path	NOUN
fueconorg-5655	167	35	.	.	PUNCT
fueconorg-5655	168	1	the	the	DET
fueconorg-5655	168	2	non	non	ADJ
fueconorg-5655	168	3	-	-	NOUN
fueconorg-5655	168	4	stationarity	stationarity	NOUN
fueconorg-5655	168	5	of	of	ADP
fueconorg-5655	168	6	gdp	gdp	NOUN
fueconorg-5655	168	7	levels	level	NOUN
fueconorg-5655	168	8	is	be	AUX
fueconorg-5655	168	9	not	not	PART
fueconorg-5655	168	10	a	a	DET
fueconorg-5655	168	11	good	good	ADJ
fueconorg-5655	168	12	signal	signal	NOUN
fueconorg-5655	168	13	from	from	ADP
fueconorg-5655	168	14	the	the	DET
fueconorg-5655	168	15	point	point	NOUN
fueconorg-5655	168	16	of	of	ADP
fueconorg-5655	168	17	view	view	NOUN
fueconorg-5655	168	18	of	of	ADP
fueconorg-5655	168	19	the	the	DET
fueconorg-5655	168	20	functioning	functioning	NOUN
fueconorg-5655	168	21	of	of	ADP
fueconorg-5655	168	22	monetary	monetary	ADJ
fueconorg-5655	168	23	union	union	NOUN
fueconorg-5655	168	24	,	,	PUNCT
fueconorg-5655	168	25	as	as	SCONJ
fueconorg-5655	168	26	asymmetric	asymmetric	ADJ
fueconorg-5655	168	27	shocks	shock	NOUN
fueconorg-5655	168	28	initiate	initiate	VERB
fueconorg-5655	168	29	longer	long	ADJ
fueconorg-5655	168	30	-	-	PUNCT
fueconorg-5655	168	31	term	term	NOUN
fueconorg-5655	168	32	destabilization	destabilization	NOUN
fueconorg-5655	168	33	.	.	PUNCT
fueconorg-5655	169	1	the	the	DET
fueconorg-5655	169	2	relation	relation	NOUN
fueconorg-5655	169	3	between	between	ADP
fueconorg-5655	169	4	individually	individually	ADV
fueconorg-5655	169	5	non	non	ADJ
fueconorg-5655	169	6	-	-	ADJ
fueconorg-5655	169	7	stationary	stationary	ADJ
fueconorg-5655	169	8	time	time	NOUN
fueconorg-5655	169	9	series	series	NOUN
fueconorg-5655	169	10	can	can	AUX
fueconorg-5655	169	11	be	be	AUX
fueconorg-5655	169	12	examined	examine	VERB
fueconorg-5655	169	13	through	through	ADP
fueconorg-5655	169	14	the	the	DET
fueconorg-5655	169	15	concept	concept	NOUN
fueconorg-5655	169	16	of	of	ADP
fueconorg-5655	169	17	cointegration	cointegration	NOUN
fueconorg-5655	169	18	or	or	CCONJ
fueconorg-5655	169	19	long	long	ADJ
fueconorg-5655	169	20	-	-	PUNCT
fueconorg-5655	169	21	term	term	NOUN
fueconorg-5655	169	22	equilibrium	equilibrium	NOUN
fueconorg-5655	169	23	relationship	relationship	NOUN
fueconorg-5655	169	24	.	.	PUNCT
fueconorg-5655	170	1	a	a	DET
fueconorg-5655	170	2	confirmation	confirmation	NOUN
fueconorg-5655	170	3	of	of	ADP
fueconorg-5655	170	4	the	the	DET
fueconorg-5655	170	5	cointegration	cointegration	NOUN
fueconorg-5655	170	6	of	of	ADP
fueconorg-5655	170	7	non	non	ADJ
fueconorg-5655	170	8	-	-	ADJ
fueconorg-5655	170	9	stationary	stationary	ADJ
fueconorg-5655	170	10	time	time	NOUN
fueconorg-5655	170	11	series	series	PROPN
fueconorg-5655	170	12	via	via	ADP
fueconorg-5655	170	13	johansen	johansen	PROPN
fueconorg-5655	170	14	's	's	PART
fueconorg-5655	170	15	cointegration	cointegration	NOUN
fueconorg-5655	170	16	test	test	NOUN
fueconorg-5655	170	17	indicates	indicate	VERB
fueconorg-5655	170	18	the	the	DET
fueconorg-5655	170	19	estimation	estimation	NOUN
fueconorg-5655	170	20	of	of	ADP
fueconorg-5655	170	21	vec	vec	PROPN
fueconorg-5655	170	22	(	(	PUNCT
fueconorg-5655	170	23	vector	vector	NOUN
fueconorg-5655	170	24	error	error	NOUN
fueconorg-5655	170	25	correction	correction	NOUN
fueconorg-5655	170	26	)	)	PUNCT
fueconorg-5655	170	27	model	model	NOUN
fueconorg-5655	170	28	.	.	PUNCT
fueconorg-5655	171	1	or	or	CCONJ
fueconorg-5655	171	2	,	,	PUNCT
fueconorg-5655	171	3	the	the	DET
fueconorg-5655	171	4	rejection	rejection	NOUN
fueconorg-5655	171	5	of	of	ADP
fueconorg-5655	171	6	the	the	DET
fueconorg-5655	171	7	long	long	ADV
fueconorg-5655	171	8	-	-	PUNCT
fueconorg-5655	171	9	run	run	VERB
fueconorg-5655	171	10	equilibrium	equilibrium	NOUN
fueconorg-5655	171	11	relationship	relationship	NOUN
fueconorg-5655	171	12	of	of	ADP
fueconorg-5655	171	13	individually	individually	ADV
fueconorg-5655	171	14	non	non	ADJ
fueconorg-5655	171	15	-	-	ADJ
fueconorg-5655	171	16	stationary	stationary	ADJ
fueconorg-5655	171	17	time	time	NOUN
fueconorg-5655	171	18	series	series	NOUN
fueconorg-5655	171	19	(	(	PUNCT
fueconorg-5655	171	20	cointegration	cointegration	NOUN
fueconorg-5655	171	21	)	)	PUNCT
fueconorg-5655	171	22	suggests	suggest	VERB
fueconorg-5655	171	23	the	the	DET
fueconorg-5655	171	24	estimation	estimation	NOUN
fueconorg-5655	171	25	of	of	ADP
fueconorg-5655	171	26	var	var	NOUN
fueconorg-5655	171	27	(	(	PUNCT
fueconorg-5655	171	28	vector	vector	NOUN
fueconorg-5655	171	29	autoregressive	autoregressive	ADJ
fueconorg-5655	171	30	)	)	PUNCT
fueconorg-5655	171	31	model	model	NOUN
fueconorg-5655	171	32	.	.	PUNCT
fueconorg-5655	172	1	the	the	DET
fueconorg-5655	172	2	cointegration	cointegration	NOUN
fueconorg-5655	172	3	between	between	ADP
fueconorg-5655	172	4	the	the	DET
fueconorg-5655	172	5	ecb	ecb	NOUN
fueconorg-5655	172	6	’s	’s	PART
fueconorg-5655	172	7	interest	interest	NOUN
fueconorg-5655	172	8	rate	rate	NOUN
fueconorg-5655	172	9	and	and	CCONJ
fueconorg-5655	172	10	national	national	ADJ
fueconorg-5655	172	11	gdp	gdp	NOUN
fueconorg-5655	172	12	levels	level	NOUN
fueconorg-5655	172	13	is	be	AUX
fueconorg-5655	172	14	not	not	PART
fueconorg-5655	172	15	confirmed	confirm	VERB
fueconorg-5655	172	16	.	.	PUNCT
fueconorg-5655	173	1	therefore	therefore	ADV
fueconorg-5655	173	2	,	,	PUNCT
fueconorg-5655	173	3	the	the	DET
fueconorg-5655	173	4	first	first	ADJ
fueconorg-5655	173	5	differences	difference	NOUN
fueconorg-5655	173	6	of	of	ADP
fueconorg-5655	173	7	interest	interest	NOUN
fueconorg-5655	173	8	rate	rate	NOUN
fueconorg-5655	173	9	and	and	CCONJ
fueconorg-5655	173	10	national	national	ADJ
fueconorg-5655	173	11	gdp	gdp	NOUN
fueconorg-5655	173	12	are	be	AUX
fueconorg-5655	173	13	included	include	VERB
fueconorg-5655	173	14	in	in	ADP
fueconorg-5655	173	15	the	the	DET
fueconorg-5655	173	16	var	var	NOUN
fueconorg-5655	173	17	model	model	PROPN
fueconorg-5655	173	18	estimation	estimation	PROPN
fueconorg-5655	173	19	.	.	PUNCT
fueconorg-5655	174	1	the	the	DET
fueconorg-5655	174	2	order	order	NOUN
fueconorg-5655	174	3	of	of	ADP
fueconorg-5655	174	4	the	the	DET
fueconorg-5655	174	5	var	var	NOUN
fueconorg-5655	174	6	model	model	NOUN
fueconorg-5655	174	7	is	be	AUX
fueconorg-5655	174	8	determined	determine	VERB
fueconorg-5655	174	9	on	on	ADP
fueconorg-5655	174	10	the	the	DET
fueconorg-5655	174	11	basis	basis	NOUN
fueconorg-5655	174	12	of	of	ADP
fueconorg-5655	174	13	information	information	NOUN
fueconorg-5655	174	14	criteria	criterion	NOUN
fueconorg-5655	174	15	(	(	PUNCT
fueconorg-5655	174	16	akaike	akaike	NOUN
fueconorg-5655	174	17	-	-	PUNCT
fueconorg-5655	174	18	aic	aic	PROPN
fueconorg-5655	174	19	,	,	PUNCT
fueconorg-5655	174	20	hana	hana	PROPN
fueconorg-5655	174	21	-	-	PUNCT
fueconorg-5655	174	22	quinnhqic	quinnhqic	PROPN
fueconorg-5655	174	23	,	,	PUNCT
fueconorg-5655	174	24	and	and	CCONJ
fueconorg-5655	174	25	schwartz	schwartz	NOUN
fueconorg-5655	174	26	-	-	PUNCT
fueconorg-5655	174	27	bayesian	bayesian	NOUN
fueconorg-5655	174	28	-	-	PUNCT
fueconorg-5655	174	29	sbic	sbic	ADJ
fueconorg-5655	174	30	)	)	PUNCT
fueconorg-5655	174	31	.	.	PUNCT
fueconorg-5655	175	1	var	var	PROPN
fueconorg-5655	175	2	model	model	PROPN
fueconorg-5655	175	3	estimates	estimate	NOUN
fueconorg-5655	175	4	do	do	AUX
fueconorg-5655	175	5	not	not	PART
fueconorg-5655	175	6	automatically	automatically	ADV
fueconorg-5655	175	7	allow	allow	VERB
fueconorg-5655	175	8	the	the	DET
fueconorg-5655	175	9	derivation	derivation	NOUN
fueconorg-5655	175	10	of	of	ADP
fueconorg-5655	175	11	forecast	forecast	NOUN
fueconorg-5655	175	12	error	error	NOUN
fueconorg-5655	175	13	variance	variance	NOUN
fueconorg-5655	175	14	decompositions	decomposition	NOUN
fueconorg-5655	175	15	and	and	CCONJ
fueconorg-5655	175	16	impulse	impulse	ADJ
fueconorg-5655	175	17	response	response	NOUN
fueconorg-5655	175	18	functions	function	NOUN
fueconorg-5655	175	19	.	.	PUNCT
fueconorg-5655	176	1	specifically	specifically	ADV
fueconorg-5655	176	2	,	,	PUNCT
fueconorg-5655	176	3	the	the	DET
fueconorg-5655	176	4	stability	stability	NOUN
fueconorg-5655	176	5	of	of	ADP
fueconorg-5655	176	6	the	the	DET
fueconorg-5655	176	7	var	var	NOUN
fueconorg-5655	176	8	model	model	NOUN
fueconorg-5655	176	9	,	,	PUNCT
fueconorg-5655	176	10	the	the	DET
fueconorg-5655	176	11	absence	absence	NOUN
fueconorg-5655	176	12	of	of	ADP
fueconorg-5655	176	13	autocorrelation	autocorrelation	NOUN
fueconorg-5655	176	14	,	,	PUNCT
fueconorg-5655	176	15	and	and	CCONJ
fueconorg-5655	176	16	the	the	DET
fueconorg-5655	176	17	normal	normal	ADJ
fueconorg-5655	176	18	distribution	distribution	NOUN
fueconorg-5655	176	19	of	of	ADP
fueconorg-5655	176	20	the	the	DET
fueconorg-5655	176	21	residuals	residual	NOUN
fueconorg-5655	176	22	of	of	ADP
fueconorg-5655	176	23	the	the	DET
fueconorg-5655	176	24	estimated	estimate	VERB
fueconorg-5655	176	25	var	var	NOUN
fueconorg-5655	176	26	model	model	NOUN
fueconorg-5655	176	27	,	,	PUNCT
fueconorg-5655	176	28	should	should	AUX
fueconorg-5655	176	29	be	be	AUX
fueconorg-5655	176	30	previously	previously	ADV
fueconorg-5655	176	31	confirmed	confirm	VERB
fueconorg-5655	176	32	.	.	PUNCT
fueconorg-5655	177	1	the	the	DET
fueconorg-5655	177	2	results	result	NOUN
fueconorg-5655	177	3	of	of	ADP
fueconorg-5655	177	4	variance	variance	NOUN
fueconorg-5655	177	5	decompositions	decomposition	NOUN
fueconorg-5655	177	6	and	and	CCONJ
fueconorg-5655	177	7	impulse	impulse	ADJ
fueconorg-5655	177	8	responses	response	NOUN
fueconorg-5655	177	9	are	be	AUX
fueconorg-5655	177	10	performed	perform	VERB
fueconorg-5655	177	11	in	in	ADP
fueconorg-5655	177	12	order	order	NOUN
fueconorg-5655	177	13	to	to	PART
fueconorg-5655	177	14	analyse	analyse	VERB
fueconorg-5655	177	15	the	the	DET
fueconorg-5655	177	16	effect	effect	NOUN
fueconorg-5655	177	17	of	of	ADP
fueconorg-5655	177	18	economic	economic	ADJ
fueconorg-5655	177	19	policy	policy	NOUN
fueconorg-5655	177	20	measures	measure	NOUN
fueconorg-5655	177	21	.	.	PUNCT
fueconorg-5655	178	1	in	in	ADP
fueconorg-5655	178	2	this	this	DET
fueconorg-5655	178	3	case	case	NOUN
fueconorg-5655	178	4	,	,	PUNCT
fueconorg-5655	178	5	it	it	PRON
fueconorg-5655	178	6	is	be	AUX
fueconorg-5655	178	7	of	of	ADP
fueconorg-5655	178	8	interest	interest	NOUN
fueconorg-5655	178	9	to	to	PART
fueconorg-5655	178	10	find	find	VERB
fueconorg-5655	178	11	out	out	ADP
fueconorg-5655	178	12	how	how	SCONJ
fueconorg-5655	178	13	the	the	DET
fueconorg-5655	178	14	sudden	sudden	ADJ
fueconorg-5655	178	15	change	change	NOUN
fueconorg-5655	178	16	in	in	ADP
fueconorg-5655	178	17	the	the	DET
fueconorg-5655	178	18	ecb	ecb	NOUN
fueconorg-5655	178	19	's	's	PART
fueconorg-5655	178	20	short	short	ADJ
fueconorg-5655	178	21	-	-	PUNCT
fueconorg-5655	178	22	term	term	NOUN
fueconorg-5655	178	23	interest	interest	NOUN
fueconorg-5655	178	24	rate	rate	NOUN
fueconorg-5655	178	25	reflects	reflect	VERB
fueconorg-5655	178	26	on	on	ADP
fueconorg-5655	178	27	the	the	DET
fueconorg-5655	178	28	economic	economic	ADJ
fueconorg-5655	178	29	activities	activity	NOUN
fueconorg-5655	178	30	of	of	ADP
fueconorg-5655	178	31	the	the	DET
fueconorg-5655	178	32	selected	select	VERB
fueconorg-5655	178	33	core	core	NOUN
fueconorg-5655	178	34	and	and	CCONJ
fueconorg-5655	178	35	periphery	periphery	NOUN
fueconorg-5655	178	36	ez	ez	PROPN
fueconorg-5655	178	37	countries	country	NOUN
fueconorg-5655	178	38	.	.	PUNCT
fueconorg-5655	179	1	if	if	SCONJ
fueconorg-5655	179	2	a	a	DET
fueconorg-5655	179	3	change	change	NOUN
fueconorg-5655	179	4	in	in	ADP
fueconorg-5655	179	5	ecb	ecb	PROPN
fueconorg-5655	179	6	’s	’s	PART
fueconorg-5655	179	7	interest	interest	NOUN
fueconorg-5655	179	8	rate	rate	NOUN
fueconorg-5655	179	9	is	be	AUX
fueconorg-5655	179	10	differently	differently	ADV
fueconorg-5655	179	11	transmitted	transmit	VERB
fueconorg-5655	179	12	to	to	ADP
fueconorg-5655	179	13	economic	economic	ADJ
fueconorg-5655	179	14	activities	activity	NOUN
fueconorg-5655	179	15	of	of	ADP
fueconorg-5655	179	16	investigated	investigate	VERB
fueconorg-5655	179	17	economies	economy	NOUN
fueconorg-5655	179	18	,	,	PUNCT
fueconorg-5655	179	19	then	then	ADV
fueconorg-5655	179	20	the	the	DET
fueconorg-5655	179	21	action	action	NOUN
fueconorg-5655	179	22	of	of	ADP
fueconorg-5655	179	23	the	the	DET
fueconorg-5655	179	24	ez	ez	PROPN
fueconorg-5655	179	25	supranational	supranational	PROPN
fueconorg-5655	179	26	monetary	monetary	ADJ
fueconorg-5655	179	27	authority	authority	NOUN
fueconorg-5655	179	28	is	be	AUX
fueconorg-5655	179	29	undoubtedly	undoubtedly	ADV
fueconorg-5655	179	30	ineffective	ineffective	ADJ
fueconorg-5655	179	31	and	and	CCONJ
fueconorg-5655	179	32	asymmetric	asymmetric	ADJ
fueconorg-5655	179	33	.	.	PUNCT
fueconorg-5655	180	1	table	table	NOUN
fueconorg-5655	180	2	1	1	NUM
fueconorg-5655	180	3	shows	show	VERB
fueconorg-5655	180	4	the	the	DET
fueconorg-5655	180	5	correlation	correlation	NOUN
fueconorg-5655	180	6	coefficient	coefficient	NOUN
fueconorg-5655	180	7	between	between	ADP
fueconorg-5655	180	8	the	the	DET
fueconorg-5655	180	9	ecb	ecb	NOUN
fueconorg-5655	180	10	’s	’s	PART
fueconorg-5655	180	11	interest	interest	NOUN
fueconorg-5655	180	12	rate	rate	NOUN
fueconorg-5655	180	13	and	and	CCONJ
fueconorg-5655	180	14	gdp	gdp	NOUN
fueconorg-5655	180	15	of	of	ADP
fueconorg-5655	180	16	the	the	DET
fueconorg-5655	180	17	selected	select	VERB
fueconorg-5655	180	18	countries	country	NOUN
fueconorg-5655	180	19	.	.	PUNCT
fueconorg-5655	181	1	this	this	DET
fueconorg-5655	181	2	numerical	numerical	ADJ
fueconorg-5655	181	3	indicator	indicator	NOUN
fueconorg-5655	181	4	,	,	PUNCT
fueconorg-5655	181	5	although	although	SCONJ
fueconorg-5655	181	6	cursory	cursory	NOUN
fueconorg-5655	181	7	,	,	PUNCT
fueconorg-5655	181	8	indicates	indicate	VERB
fueconorg-5655	181	9	monetary	monetary	ADJ
fueconorg-5655	181	10	asymmetry	asymmetry	NOUN
fueconorg-5655	181	11	in	in	ADP
fueconorg-5655	181	12	the	the	DET
fueconorg-5655	181	13	ecb	ecb	NOUN
fueconorg-5655	181	14	’s	’s	PART
fueconorg-5655	181	15	action	action	NOUN
fueconorg-5655	181	16	for	for	ADP
fueconorg-5655	181	17	the	the	DET
fueconorg-5655	181	18	core	core	NOUN
fueconorg-5655	181	19	and	and	CCONJ
fueconorg-5655	181	20	the	the	DET
fueconorg-5655	181	21	periphery	periphery	NOUN
fueconorg-5655	181	22	.	.	PUNCT
fueconorg-5655	182	1	table	table	NOUN
fueconorg-5655	182	2	1	1	NUM
fueconorg-5655	182	3	correlation	correlation	NOUN
fueconorg-5655	182	4	coefficient	coefficient	NOUN
fueconorg-5655	182	5	between	between	ADP
fueconorg-5655	182	6	short	short	ADJ
fueconorg-5655	182	7	-	-	PUNCT
fueconorg-5655	182	8	run	run	VERB
fueconorg-5655	182	9	ecb	ecb	NOUN
fueconorg-5655	182	10	’s	’s	PART
fueconorg-5655	182	11	interest	interest	NOUN
fueconorg-5655	182	12	rate	rate	NOUN
fueconorg-5655	182	13	and	and	CCONJ
fueconorg-5655	182	14	gdp	gdp	NOUN
fueconorg-5655	182	15	for	for	ADP
fueconorg-5655	182	16	selected	select	VERB
fueconorg-5655	182	17	ez	ez	PROPN
fueconorg-5655	182	18	core	core	NOUN
fueconorg-5655	182	19	and	and	CCONJ
fueconorg-5655	182	20	periphery	periphery	NOUN
fueconorg-5655	182	21	countries	country	NOUN
fueconorg-5655	182	22	in	in	ADP
fueconorg-5655	182	23	the	the	DET
fueconorg-5655	182	24	period	period	NOUN
fueconorg-5655	182	25	1999	1999	NUM
fueconorg-5655	182	26	:	:	PUNCT
fueconorg-5655	182	27	q1	q1	NOUN
fueconorg-5655	182	28	-	-	PUNCT
fueconorg-5655	182	29	2018	2018	NUM
fueconorg-5655	182	30	:	:	PUNCT
fueconorg-5655	183	1	q4	q4	PROPN
fueconorg-5655	183	2	germany	germany	PROPN
fueconorg-5655	183	3	france	france	PROPN
fueconorg-5655	183	4	belgium	belgium	PROPN
fueconorg-5655	183	5	portugal	portugal	PROPN
fueconorg-5655	183	6	spain	spain	PROPN
fueconorg-5655	183	7	greece	greece	PROPN
fueconorg-5655	183	8	-0,80	-0,80	PROPN
fueconorg-5655	183	9	-0,79	-0,79	PROPN
fueconorg-5655	183	10	-0,82	-0,82	PUNCT
fueconorg-5655	183	11	-0,68	-0,68	INTJ
fueconorg-5655	183	12	-0,65	-0,65	INTJ
fueconorg-5655	183	13	-0,07	-0,07	PUNCT
fueconorg-5655	183	14	source	source	NOUN
fueconorg-5655	183	15	:	:	PUNCT
fueconorg-5655	183	16	the	the	DET
fueconorg-5655	183	17	authors	author	NOUN
fueconorg-5655	183	18	.	.	PUNCT
fueconorg-5655	184	1	the	the	DET
fueconorg-5655	184	2	effect	effect	NOUN
fueconorg-5655	184	3	of	of	ADP
fueconorg-5655	184	4	the	the	DET
fueconorg-5655	184	5	ecb	ecb	NOUN
fueconorg-5655	184	6	's	's	PART
fueconorg-5655	184	7	monetary	monetary	ADJ
fueconorg-5655	184	8	policy	policy	NOUN
fueconorg-5655	184	9	is	be	AUX
fueconorg-5655	184	10	counter	counter	ADJ
fueconorg-5655	184	11	-	-	ADJ
fueconorg-5655	184	12	cyclical	cyclical	ADJ
fueconorg-5655	184	13	,	,	PUNCT
fueconorg-5655	184	14	as	as	SCONJ
fueconorg-5655	184	15	indicated	indicate	VERB
fueconorg-5655	184	16	with	with	ADP
fueconorg-5655	184	17	negative	negative	ADJ
fueconorg-5655	184	18	signs	sign	NOUN
fueconorg-5655	184	19	of	of	ADP
fueconorg-5655	184	20	correlation	correlation	NOUN
fueconorg-5655	184	21	coefficients	coefficient	NOUN
fueconorg-5655	184	22	.	.	PUNCT
fueconorg-5655	185	1	however	however	ADV
fueconorg-5655	185	2	,	,	PUNCT
fueconorg-5655	185	3	it	it	PRON
fueconorg-5655	185	4	is	be	AUX
fueconorg-5655	185	5	clearly	clearly	ADV
fueconorg-5655	185	6	observed	observe	VERB
fueconorg-5655	185	7	that	that	SCONJ
fueconorg-5655	185	8	counter	counter	ADJ
fueconorg-5655	185	9	-	-	ADJ
fueconorg-5655	185	10	cyclical	cyclical	ADJ
fueconorg-5655	185	11	influence	influence	NOUN
fueconorg-5655	185	12	is	be	AUX
fueconorg-5655	185	13	more	more	ADV
fueconorg-5655	185	14	pronounced	pronounce	VERB
fueconorg-5655	185	15	in	in	ADP
fueconorg-5655	185	16	the	the	DET
fueconorg-5655	185	17	case	case	NOUN
fueconorg-5655	185	18	of	of	ADP
fueconorg-5655	185	19	the	the	DET
fueconorg-5655	185	20	core	core	NOUN
fueconorg-5655	185	21	countries	country	NOUN
fueconorg-5655	185	22	.	.	PUNCT
fueconorg-5655	186	1	significant	significant	ADJ
fueconorg-5655	186	2	stabilizing	stabilizing	NOUN
fueconorg-5655	186	3	effect	effect	NOUN
fueconorg-5655	186	4	is	be	AUX
fueconorg-5655	186	5	evident	evident	ADJ
fueconorg-5655	186	6	in	in	ADP
fueconorg-5655	186	7	the	the	DET
fueconorg-5655	186	8	case	case	NOUN
fueconorg-5655	186	9	of	of	ADP
fueconorg-5655	186	10	belgium	belgium	PROPN
fueconorg-5655	186	11	,	,	PUNCT
fueconorg-5655	186	12	germany	germany	PROPN
fueconorg-5655	186	13	and	and	CCONJ
fueconorg-5655	186	14	france	france	PROPN
fueconorg-5655	186	15	,	,	PUNCT
fueconorg-5655	186	16	while	while	SCONJ
fueconorg-5655	186	17	stabilization	stabilization	NOUN
fueconorg-5655	186	18	is	be	AUX
fueconorg-5655	186	19	moderate	moderate	ADJ
fueconorg-5655	186	20	in	in	ADP
fueconorg-5655	186	21	the	the	DET
fueconorg-5655	186	22	case	case	NOUN
fueconorg-5655	186	23	of	of	ADP
fueconorg-5655	186	24	portugal	portugal	PROPN
fueconorg-5655	186	25	and	and	CCONJ
fueconorg-5655	186	26	spain	spain	PROPN
fueconorg-5655	186	27	,	,	PUNCT
fueconorg-5655	186	28	and	and	CCONJ
fueconorg-5655	186	29	almost	almost	ADV
fueconorg-5655	186	30	absent	absent	ADJ
fueconorg-5655	186	31	in	in	ADP
fueconorg-5655	186	32	the	the	DET
fueconorg-5655	186	33	case	case	NOUN
fueconorg-5655	186	34	of	of	ADP
fueconorg-5655	186	35	greece	greece	PROPN
fueconorg-5655	186	36	.	.	PUNCT
fueconorg-5655	187	1	figure	figure	NOUN
fueconorg-5655	187	2	7	7	NUM
fueconorg-5655	187	3	shows	show	VERB
fueconorg-5655	187	4	the	the	DET
fueconorg-5655	187	5	results	result	NOUN
fueconorg-5655	187	6	of	of	ADP
fueconorg-5655	187	7	forecast	forecast	NOUN
fueconorg-5655	187	8	error	error	NOUN
fueconorg-5655	187	9	variance	variance	NOUN
fueconorg-5655	187	10	decomposition	decomposition	NOUN
fueconorg-5655	187	11	for	for	ADP
fueconorg-5655	187	12	the	the	DET
fueconorg-5655	187	13	economic	economic	ADJ
fueconorg-5655	187	14	growth	growth	NOUN
fueconorg-5655	187	15	of	of	ADP
fueconorg-5655	187	16	selected	select	VERB
fueconorg-5655	187	17	ez	ez	PROPN
fueconorg-5655	187	18	economies	economy	NOUN
fueconorg-5655	187	19	over	over	ADP
fueconorg-5655	187	20	the	the	DET
fueconorg-5655	187	21	observed	observed	ADJ
fueconorg-5655	187	22	period	period	NOUN
fueconorg-5655	187	23	.	.	PUNCT
fueconorg-5655	188	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	188	2	divergences	divergence	NOUN
fueconorg-5655	188	3	and	and	CCONJ
fueconorg-5655	188	4	asymmetric	asymmetric	ADJ
fueconorg-5655	188	5	resonses	resonse	NOUN
fueconorg-5655	188	6	within	within	ADP
fueconorg-5655	188	7	the	the	DET
fueconorg-5655	188	8	euro	euro	NOUN
fueconorg-5655	188	9	-	-	PUNCT
fueconorg-5655	188	10	zone	zone	NOUN
fueconorg-5655	188	11	37	37	NUM
fueconorg-5655	188	12	fig	fig	NOUN
fueconorg-5655	188	13	.	.	PUNCT
fueconorg-5655	189	1	7	7	NUM
fueconorg-5655	189	2	forecast	forecast	NOUN
fueconorg-5655	189	3	error	error	NOUN
fueconorg-5655	189	4	variance	variance	NOUN
fueconorg-5655	189	5	decomposition	decomposition	NOUN
fueconorg-5655	189	6	of	of	ADP
fueconorg-5655	189	7	economic	economic	ADJ
fueconorg-5655	189	8	growth	growth	NOUN
fueconorg-5655	189	9	/	/	SYM
fueconorg-5655	189	10	fall	fall	NOUN
fueconorg-5655	189	11	as	as	ADP
fueconorg-5655	189	12	a	a	DET
fueconorg-5655	189	13	response	response	NOUN
fueconorg-5655	189	14	to	to	ADP
fueconorg-5655	189	15	the	the	DET
fueconorg-5655	189	16	ecb	ecb	NOUN
fueconorg-5655	189	17	’s	’s	PART
fueconorg-5655	189	18	interest	interest	NOUN
fueconorg-5655	189	19	rate	rate	NOUN
fueconorg-5655	189	20	change	change	NOUN
fueconorg-5655	189	21	(	(	PUNCT
fueconorg-5655	189	22	shock	shock	NOUN
fueconorg-5655	189	23	)	)	PUNCT
fueconorg-5655	189	24	during	during	ADP
fueconorg-5655	189	25	four	four	NUM
fueconorg-5655	189	26	quarters	quarter	NOUN
fueconorg-5655	189	27	source	source	NOUN
fueconorg-5655	189	28	:	:	PUNCT
fueconorg-5655	189	29	the	the	DET
fueconorg-5655	189	30	authors	author	NOUN
fueconorg-5655	189	31	.	.	PUNCT
fueconorg-5655	190	1	the	the	DET
fueconorg-5655	190	2	results	result	NOUN
fueconorg-5655	190	3	of	of	ADP
fueconorg-5655	190	4	variance	variance	NOUN
fueconorg-5655	190	5	decompositions	decomposition	NOUN
fueconorg-5655	190	6	of	of	ADP
fueconorg-5655	190	7	the	the	DET
fueconorg-5655	190	8	economic	economic	ADJ
fueconorg-5655	190	9	growth	growth	NOUN
fueconorg-5655	190	10	for	for	ADP
fueconorg-5655	190	11	selected	select	VERB
fueconorg-5655	190	12	core	core	NOUN
fueconorg-5655	190	13	and	and	CCONJ
fueconorg-5655	190	14	periphery	periphery	PROPN
fueconorg-5655	190	15	ez	ez	PROPN
fueconorg-5655	190	16	countries	country	NOUN
fueconorg-5655	190	17	confirm	confirm	VERB
fueconorg-5655	190	18	the	the	DET
fueconorg-5655	190	19	expectation	expectation	NOUN
fueconorg-5655	190	20	that	that	SCONJ
fueconorg-5655	190	21	the	the	DET
fueconorg-5655	190	22	countercyclical	countercyclical	ADJ
fueconorg-5655	190	23	effect	effect	NOUN
fueconorg-5655	190	24	of	of	ADP
fueconorg-5655	190	25	the	the	DET
fueconorg-5655	190	26	ecb	ecb	NOUN
fueconorg-5655	190	27	's	's	PART
fueconorg-5655	190	28	monetary	monetary	ADJ
fueconorg-5655	190	29	policy	policy	NOUN
fueconorg-5655	190	30	is	be	AUX
fueconorg-5655	190	31	more	more	ADV
fueconorg-5655	190	32	pronounced	pronounced	ADJ
fueconorg-5655	190	33	for	for	ADP
fueconorg-5655	190	34	the	the	DET
fueconorg-5655	190	35	core	core	NOUN
fueconorg-5655	190	36	.	.	PUNCT
fueconorg-5655	191	1	in	in	ADP
fueconorg-5655	191	2	the	the	DET
fueconorg-5655	191	3	case	case	NOUN
fueconorg-5655	191	4	of	of	ADP
fueconorg-5655	191	5	germany	germany	PROPN
fueconorg-5655	191	6	,	,	PUNCT
fueconorg-5655	191	7	a	a	DET
fueconorg-5655	191	8	change	change	NOUN
fueconorg-5655	191	9	in	in	ADP
fueconorg-5655	191	10	ecb	ecb	PROPN
fueconorg-5655	191	11	’s	’s	PART
fueconorg-5655	191	12	interest	interest	NOUN
fueconorg-5655	191	13	rates	rate	NOUN
fueconorg-5655	191	14	causes	cause	VERB
fueconorg-5655	191	15	a	a	DET
fueconorg-5655	191	16	20	20	NUM
fueconorg-5655	191	17	%	%	NOUN
fueconorg-5655	191	18	change	change	NOUN
fueconorg-5655	191	19	in	in	ADP
fueconorg-5655	191	20	economic	economic	ADJ
fueconorg-5655	191	21	activity	activity	NOUN
fueconorg-5655	191	22	,	,	PUNCT
fueconorg-5655	191	23	with	with	ADP
fueconorg-5655	191	24	an	an	DET
fueconorg-5655	191	25	impact	impact	NOUN
fueconorg-5655	191	26	growing	grow	VERB
fueconorg-5655	191	27	in	in	ADP
fueconorg-5655	191	28	the	the	DET
fueconorg-5655	191	29	second	second	ADJ
fueconorg-5655	191	30	quarter	quarter	NOUN
fueconorg-5655	191	31	to	to	ADP
fueconorg-5655	191	32	30	30	NUM
fueconorg-5655	191	33	%	%	NOUN
fueconorg-5655	191	34	.	.	PUNCT
fueconorg-5655	192	1	a	a	DET
fueconorg-5655	192	2	similar	similar	ADJ
fueconorg-5655	192	3	effect	effect	NOUN
fueconorg-5655	192	4	is	be	AUX
fueconorg-5655	192	5	evident	evident	ADJ
fueconorg-5655	192	6	in	in	ADP
fueconorg-5655	192	7	the	the	DET
fueconorg-5655	192	8	case	case	NOUN
fueconorg-5655	192	9	of	of	ADP
fueconorg-5655	192	10	france	france	PROPN
fueconorg-5655	192	11	and	and	CCONJ
fueconorg-5655	192	12	belgium	belgium	PROPN
fueconorg-5655	192	13	.	.	PUNCT
fueconorg-5655	193	1	however	however	ADV
fueconorg-5655	193	2	,	,	PUNCT
fueconorg-5655	193	3	the	the	DET
fueconorg-5655	193	4	change	change	NOUN
fueconorg-5655	193	5	in	in	ADP
fueconorg-5655	193	6	the	the	DET
fueconorg-5655	193	7	ecb	ecb	NOUN
fueconorg-5655	193	8	’s	’s	PART
fueconorg-5655	193	9	interest	interest	NOUN
fueconorg-5655	193	10	rates	rate	NOUN
fueconorg-5655	193	11	affects	affect	VERB
fueconorg-5655	193	12	only	only	ADV
fueconorg-5655	193	13	3	3	NUM
fueconorg-5655	193	14	%	%	NOUN
fueconorg-5655	193	15	of	of	ADP
fueconorg-5655	193	16	gdp	gdp	NOUN
fueconorg-5655	193	17	variations	variation	NOUN
fueconorg-5655	193	18	in	in	ADP
fueconorg-5655	193	19	the	the	DET
fueconorg-5655	193	20	first	first	ADJ
fueconorg-5655	193	21	quarter	quarter	NOUN
fueconorg-5655	193	22	and	and	CCONJ
fueconorg-5655	193	23	9	9	NUM
fueconorg-5655	193	24	%	%	NOUN
fueconorg-5655	193	25	of	of	ADP
fueconorg-5655	193	26	variations	variation	NOUN
fueconorg-5655	193	27	in	in	ADP
fueconorg-5655	193	28	the	the	DET
fueconorg-5655	193	29	second	second	ADJ
fueconorg-5655	193	30	quarter	quarter	NOUN
fueconorg-5655	193	31	in	in	ADP
fueconorg-5655	193	32	the	the	DET
fueconorg-5655	193	33	case	case	NOUN
fueconorg-5655	193	34	of	of	ADP
fueconorg-5655	193	35	portugal	portugal	PROPN
fueconorg-5655	193	36	.	.	PUNCT
fueconorg-5655	194	1	more	more	ADV
fueconorg-5655	194	2	generally	generally	ADV
fueconorg-5655	194	3	,	,	PUNCT
fueconorg-5655	194	4	about	about	ADV
fueconorg-5655	194	5	9	9	NUM
fueconorg-5655	194	6	%	%	NOUN
fueconorg-5655	194	7	of	of	ADP
fueconorg-5655	194	8	gdp	gdp	NOUN
fueconorg-5655	194	9	variations	variation	NOUN
fueconorg-5655	194	10	in	in	ADP
fueconorg-5655	194	11	all	all	DET
fueconorg-5655	194	12	periphery	periphery	ADJ
fueconorg-5655	194	13	countries	country	NOUN
fueconorg-5655	194	14	can	can	AUX
fueconorg-5655	194	15	be	be	AUX
fueconorg-5655	194	16	explained	explain	VERB
fueconorg-5655	194	17	by	by	ADP
fueconorg-5655	194	18	the	the	DET
fueconorg-5655	194	19	impact	impact	NOUN
fueconorg-5655	194	20	of	of	ADP
fueconorg-5655	194	21	the	the	DET
fueconorg-5655	194	22	ecb	ecb	NOUN
fueconorg-5655	194	23	after	after	ADP
fueconorg-5655	194	24	four	four	NUM
fueconorg-5655	194	25	quarters	quarter	NOUN
fueconorg-5655	194	26	.	.	PUNCT
fueconorg-5655	195	1	the	the	DET
fueconorg-5655	195	2	same	same	ADJ
fueconorg-5655	195	3	impact	impact	NOUN
fueconorg-5655	195	4	in	in	ADP
fueconorg-5655	195	5	the	the	DET
fueconorg-5655	195	6	core	core	NOUN
fueconorg-5655	195	7	countries	country	NOUN
fueconorg-5655	195	8	is	be	AUX
fueconorg-5655	195	9	in	in	ADP
fueconorg-5655	195	10	range	range	NOUN
fueconorg-5655	195	11	of	of	ADP
fueconorg-5655	195	12	27	27	NUM
fueconorg-5655	195	13	-	-	SYM
fueconorg-5655	195	14	32	32	NUM
fueconorg-5655	195	15	%	%	NOUN
fueconorg-5655	195	16	after	after	ADP
fueconorg-5655	195	17	four	four	NUM
fueconorg-5655	195	18	quarters	quarter	NOUN
fueconorg-5655	195	19	.	.	PUNCT
fueconorg-5655	196	1	the	the	DET
fueconorg-5655	196	2	strength	strength	NOUN
fueconorg-5655	196	3	of	of	ADP
fueconorg-5655	196	4	the	the	DET
fueconorg-5655	196	5	countercyclical	countercyclical	ADJ
fueconorg-5655	196	6	impact	impact	NOUN
fueconorg-5655	196	7	or	or	CCONJ
fueconorg-5655	196	8	monetary	monetary	ADJ
fueconorg-5655	196	9	asymmetry	asymmetry	NOUN
fueconorg-5655	196	10	between	between	ADP
fueconorg-5655	196	11	core	core	NOUN
fueconorg-5655	196	12	-	-	PUNCT
fueconorg-5655	196	13	periphery	periphery	NOUN
fueconorg-5655	196	14	is	be	AUX
fueconorg-5655	196	15	clear	clear	ADJ
fueconorg-5655	196	16	on	on	ADP
fueconorg-5655	196	17	the	the	DET
fueconorg-5655	196	18	basis	basis	NOUN
fueconorg-5655	196	19	of	of	ADP
fueconorg-5655	196	20	above	above	ADV
fueconorg-5655	196	21	mentioned	mention	VERB
fueconorg-5655	196	22	empirical	empirical	ADJ
fueconorg-5655	196	23	findings	finding	NOUN
fueconorg-5655	196	24	.	.	PUNCT
fueconorg-5655	197	1	further	further	ADJ
fueconorg-5655	197	2	analysis	analysis	NOUN
fueconorg-5655	197	3	of	of	ADP
fueconorg-5655	197	4	the	the	DET
fueconorg-5655	197	5	ecb	ecb	NOUN
fueconorg-5655	197	6	’s	’s	PART
fueconorg-5655	197	7	interest	interest	NOUN
fueconorg-5655	197	8	rate	rate	NOUN
fueconorg-5655	197	9	transmission	transmission	NOUN
fueconorg-5655	197	10	to	to	ADP
fueconorg-5655	197	11	the	the	DET
fueconorg-5655	197	12	real	real	ADJ
fueconorg-5655	197	13	economic	economic	ADJ
fueconorg-5655	197	14	activities	activity	NOUN
fueconorg-5655	197	15	of	of	ADP
fueconorg-5655	197	16	the	the	DET
fueconorg-5655	197	17	core	core	NOUN
fueconorg-5655	197	18	and	and	CCONJ
fueconorg-5655	197	19	the	the	DET
fueconorg-5655	197	20	periphery	periphery	NOUN
fueconorg-5655	197	21	implies	imply	VERB
fueconorg-5655	197	22	examination	examination	NOUN
fueconorg-5655	197	23	of	of	ADP
fueconorg-5655	197	24	the	the	DET
fueconorg-5655	197	25	impact	impact	NOUN
fueconorg-5655	197	26	direction	direction	NOUN
fueconorg-5655	197	27	(	(	PUNCT
fueconorg-5655	197	28	provs	provs	PROPN
fueconorg-5655	197	29	.	.	PUNCT
fueconorg-5655	197	30	countercyclicality	countercyclicality	PROPN
fueconorg-5655	197	31	)	)	PUNCT
fueconorg-5655	197	32	,	,	PUNCT
fueconorg-5655	197	33	the	the	DET
fueconorg-5655	197	34	intensity	intensity	NOUN
fueconorg-5655	197	35	(	(	PUNCT
fueconorg-5655	197	36	stronger	strong	ADJ
fueconorg-5655	197	37	or	or	CCONJ
fueconorg-5655	197	38	weaker	weak	ADJ
fueconorg-5655	197	39	real	real	ADJ
fueconorg-5655	197	40	effect	effect	NOUN
fueconorg-5655	197	41	)	)	PUNCT
fueconorg-5655	197	42	,	,	PUNCT
fueconorg-5655	197	43	as	as	ADV
fueconorg-5655	197	44	well	well	ADV
fueconorg-5655	197	45	as	as	ADP
fueconorg-5655	197	46	the	the	DET
fueconorg-5655	197	47	length	length	NOUN
fueconorg-5655	197	48	of	of	ADP
fueconorg-5655	197	49	the	the	DET
fueconorg-5655	197	50	monetary	monetary	ADJ
fueconorg-5655	197	51	impact	impact	NOUN
fueconorg-5655	197	52	during	during	ADP
fueconorg-5655	197	53	4	4	NUM
fueconorg-5655	197	54	quarters	quarter	NOUN
fueconorg-5655	197	55	.	.	PUNCT
fueconorg-5655	198	1	the	the	DET
fueconorg-5655	198	2	variance	variance	NOUN
fueconorg-5655	198	3	decomposition	decomposition	NOUN
fueconorg-5655	198	4	results	result	NOUN
fueconorg-5655	198	5	do	do	AUX
fueconorg-5655	198	6	not	not	PART
fueconorg-5655	198	7	indicate	indicate	VERB
fueconorg-5655	198	8	the	the	DET
fueconorg-5655	198	9	direction	direction	NOUN
fueconorg-5655	198	10	and	and	CCONJ
fueconorg-5655	198	11	duration	duration	NOUN
fueconorg-5655	198	12	of	of	ADP
fueconorg-5655	198	13	the	the	DET
fueconorg-5655	198	14	mentioned	mention	VERB
fueconorg-5655	198	15	monetary	monetary	ADJ
fueconorg-5655	198	16	transmission	transmission	NOUN
fueconorg-5655	198	17	.	.	PUNCT
fueconorg-5655	199	1	in	in	ADP
fueconorg-5655	199	2	that	that	DET
fueconorg-5655	199	3	purpose	purpose	NOUN
fueconorg-5655	199	4	,	,	PUNCT
fueconorg-5655	199	5	impulse	impulse	ADJ
fueconorg-5655	199	6	response	response	NOUN
fueconorg-5655	199	7	functions	function	NOUN
fueconorg-5655	199	8	are	be	AUX
fueconorg-5655	199	9	presented	present	VERB
fueconorg-5655	199	10	in	in	ADP
fueconorg-5655	199	11	figure	figure	NOUN
fueconorg-5655	199	12	8	8	NUM
fueconorg-5655	199	13	.	.	PUNCT
fueconorg-5655	200	1	the	the	DET
fueconorg-5655	200	2	results	result	NOUN
fueconorg-5655	200	3	indicate	indicate	VERB
fueconorg-5655	200	4	that	that	SCONJ
fueconorg-5655	200	5	the	the	DET
fueconorg-5655	200	6	effect	effect	NOUN
fueconorg-5655	200	7	of	of	ADP
fueconorg-5655	200	8	ecb	ecb	PROPN
fueconorg-5655	200	9	’s	’s	PART
fueconorg-5655	200	10	monetary	monetary	ADJ
fueconorg-5655	200	11	policy	policy	NOUN
fueconorg-5655	200	12	is	be	AUX
fueconorg-5655	200	13	generally	generally	ADV
fueconorg-5655	200	14	countercyclical	countercyclical	ADJ
fueconorg-5655	200	15	in	in	ADP
fueconorg-5655	200	16	the	the	DET
fueconorg-5655	200	17	case	case	NOUN
fueconorg-5655	200	18	of	of	ADP
fueconorg-5655	200	19	the	the	DET
fueconorg-5655	200	20	observed	observed	ADJ
fueconorg-5655	200	21	ez	ez	PROPN
fueconorg-5655	200	22	members	member	NOUN
fueconorg-5655	200	23	.	.	PUNCT
fueconorg-5655	201	1	countercyclical	countercyclical	ADJ
fueconorg-5655	201	2	effect	effect	NOUN
fueconorg-5655	201	3	occurs	occur	VERB
fueconorg-5655	201	4	mainly	mainly	ADV
fueconorg-5655	201	5	in	in	ADP
fueconorg-5655	201	6	the	the	DET
fueconorg-5655	201	7	2nd	2nd	ADJ
fueconorg-5655	201	8	quarter	quarter	NOUN
fueconorg-5655	201	9	(	(	PUNCT
fueconorg-5655	201	10	figure	figure	NOUN
fueconorg-5655	201	11	8)	8)	NUM
fueconorg-5655	201	12	.	.	PUNCT
fueconorg-5655	202	1	however	however	ADV
fueconorg-5655	202	2	,	,	PUNCT
fueconorg-5655	202	3	this	this	DET
fueconorg-5655	202	4	countercyclical	countercyclical	ADJ
fueconorg-5655	202	5	effect	effect	NOUN
fueconorg-5655	202	6	on	on	ADP
fueconorg-5655	202	7	the	the	DET
fueconorg-5655	202	8	real	real	ADJ
fueconorg-5655	202	9	economy	economy	NOUN
fueconorg-5655	202	10	is	be	AUX
fueconorg-5655	202	11	relatively	relatively	ADV
fueconorg-5655	202	12	weak	weak	ADJ
fueconorg-5655	202	13	in	in	ADP
fueconorg-5655	202	14	the	the	DET
fueconorg-5655	202	15	case	case	NOUN
fueconorg-5655	202	16	of	of	ADP
fueconorg-5655	202	17	greece	greece	PROPN
fueconorg-5655	202	18	,	,	PUNCT
fueconorg-5655	202	19	portugal	portugal	PROPN
fueconorg-5655	202	20	and	and	CCONJ
fueconorg-5655	202	21	belgium	belgium	NOUN
fueconorg-5655	202	22	.	.	PUNCT
fueconorg-5655	203	1	the	the	DET
fueconorg-5655	203	2	impact	impact	NOUN
fueconorg-5655	203	3	is	be	AUX
fueconorg-5655	203	4	relatively	relatively	ADV
fueconorg-5655	203	5	stronger	strong	ADJ
fueconorg-5655	203	6	in	in	ADP
fueconorg-5655	203	7	the	the	DET
fueconorg-5655	203	8	case	case	NOUN
fueconorg-5655	203	9	of	of	ADP
fueconorg-5655	203	10	spain	spain	PROPN
fueconorg-5655	203	11	,	,	PUNCT
fueconorg-5655	203	12	but	but	CCONJ
fueconorg-5655	203	13	the	the	DET
fueconorg-5655	203	14	strongest	strong	ADJ
fueconorg-5655	203	15	in	in	ADP
fueconorg-5655	203	16	the	the	DET
fueconorg-5655	203	17	case	case	NOUN
fueconorg-5655	203	18	of	of	ADP
fueconorg-5655	203	19	two	two	NUM
fueconorg-5655	203	20	key	key	ADJ
fueconorg-5655	203	21	core	core	NOUN
fueconorg-5655	203	22	economies	economy	NOUN
fueconorg-5655	203	23	–	–	PUNCT
fueconorg-5655	203	24	france	france	PROPN
fueconorg-5655	203	25	and	and	CCONJ
fueconorg-5655	203	26	germany	germany	PROPN
fueconorg-5655	203	27	.	.	PUNCT
fueconorg-5655	204	1	as	as	ADP
fueconorg-5655	204	2	the	the	DET
fueconorg-5655	204	3	figure	figure	NOUN
fueconorg-5655	204	4	8	8	NUM
fueconorg-5655	204	5	shows	show	NOUN
fueconorg-5655	204	6	,	,	PUNCT
fueconorg-5655	204	7	by	by	ADP
fueconorg-5655	204	8	far	far	ADV
fueconorg-5655	204	9	the	the	DET
fueconorg-5655	204	10	strongest	strong	ADJ
fueconorg-5655	204	11	countercyclical	countercyclical	ADJ
fueconorg-5655	204	12	effect	effect	NOUN
fueconorg-5655	204	13	is	be	AUX
fueconorg-5655	204	14	observed	observe	VERB
fueconorg-5655	204	15	in	in	ADP
fueconorg-5655	204	16	the	the	DET
fueconorg-5655	204	17	case	case	NOUN
fueconorg-5655	204	18	of	of	ADP
fueconorg-5655	204	19	germany	germany	PROPN
fueconorg-5655	204	20	,	,	PUNCT
fueconorg-5655	204	21	confirming	confirm	VERB
fueconorg-5655	204	22	the	the	DET
fueconorg-5655	204	23	best	good	ADJ
fueconorg-5655	204	24	fit	fit	NOUN
fueconorg-5655	204	25	of	of	ADP
fueconorg-5655	204	26	the	the	DET
fueconorg-5655	204	27	ecb	ecb	NOUN
fueconorg-5655	204	28	's	's	PART
fueconorg-5655	204	29	policy	policy	NOUN
fueconorg-5655	204	30	to	to	ADP
fueconorg-5655	204	31	this	this	DET
fueconorg-5655	204	32	key	key	ADJ
fueconorg-5655	204	33	core	core	NOUN
fueconorg-5655	204	34	economy	economy	NOUN
fueconorg-5655	204	35	.	.	PUNCT
fueconorg-5655	205	1	38	38	NUM
fueconorg-5655	205	2	e.	e.	PROPN
fueconorg-5655	205	3	beker	beker	PROPN
fueconorg-5655	205	4	pucar	pucar	PROPN
fueconorg-5655	205	5	,	,	PUNCT
fueconorg-5655	205	6	o.	o.	PROPN
fueconorg-5655	205	7	glavańki	glavańki	PROPN
fueconorg-5655	205	8	fig	fig	PROPN
fueconorg-5655	205	9	.	.	PUNCT
fueconorg-5655	206	1	8	8	NUM
fueconorg-5655	206	2	impulse	impulse	ADJ
fueconorg-5655	206	3	response	response	NOUN
fueconorg-5655	206	4	functions	function	NOUN
fueconorg-5655	206	5	–	–	PUNCT
fueconorg-5655	206	6	the	the	DET
fueconorg-5655	206	7	response	response	NOUN
fueconorg-5655	206	8	of	of	ADP
fueconorg-5655	206	9	gdp	gdp	NOUN
fueconorg-5655	206	10	growth	growth	NOUN
fueconorg-5655	206	11	of	of	ADP
fueconorg-5655	206	12	selected	select	VERB
fueconorg-5655	206	13	ez	ez	PROPN
fueconorg-5655	206	14	members	member	NOUN
fueconorg-5655	206	15	to	to	ADP
fueconorg-5655	206	16	the	the	DET
fueconorg-5655	206	17	change	change	NOUN
fueconorg-5655	206	18	of	of	ADP
fueconorg-5655	206	19	ecb	ecb	PROPN
fueconorg-5655	206	20	’s	’s	PART
fueconorg-5655	206	21	money	money	NOUN
fueconorg-5655	206	22	market	market	NOUN
fueconorg-5655	206	23	interest	interest	NOUN
fueconorg-5655	206	24	rate	rate	NOUN
fueconorg-5655	206	25	during	during	ADP
fueconorg-5655	206	26	4	4	NUM
fueconorg-5655	206	27	quarters	quarter	NOUN
fueconorg-5655	206	28	source	source	NOUN
fueconorg-5655	206	29	:	:	PUNCT
fueconorg-5655	206	30	the	the	DET
fueconorg-5655	206	31	authors	author	NOUN
fueconorg-5655	206	32	.	.	PUNCT
fueconorg-5655	207	1	asymmetric	asymmetric	ADJ
fueconorg-5655	207	2	and	and	CCONJ
fueconorg-5655	207	3	heterogeneous	heterogeneous	ADJ
fueconorg-5655	207	4	responses	response	NOUN
fueconorg-5655	207	5	of	of	ADP
fueconorg-5655	207	6	ez	ez	PROPN
fueconorg-5655	207	7	member	member	NOUN
fueconorg-5655	207	8	states	state	NOUN
fueconorg-5655	207	9	to	to	ADP
fueconorg-5655	207	10	ecb	ecb	PROPN
fueconorg-5655	207	11	’s	’s	PART
fueconorg-5655	207	12	monetary	monetary	ADJ
fueconorg-5655	207	13	impulses	impulse	NOUN
fueconorg-5655	207	14	,	,	PUNCT
fueconorg-5655	207	15	especially	especially	ADV
fueconorg-5655	207	16	related	relate	VERB
fueconorg-5655	207	17	to	to	ADP
fueconorg-5655	207	18	the	the	DET
fueconorg-5655	207	19	core	core	NOUN
fueconorg-5655	207	20	-	-	PUNCT
fueconorg-5655	207	21	periphery	periphery	NOUN
fueconorg-5655	207	22	dichotomy	dichotomy	NOUN
fueconorg-5655	207	23	,	,	PUNCT
fueconorg-5655	207	24	german	german	ADJ
fueconorg-5655	207	25	dominance	dominance	NOUN
fueconorg-5655	207	26	hypothesis	hypothesis	NOUN
fueconorg-5655	207	27	,	,	PUNCT
fueconorg-5655	207	28	and	and	CCONJ
fueconorg-5655	207	29	“	"	PUNCT
fueconorg-5655	207	30	one	one	NUM
fueconorg-5655	207	31	size	size	NOUN
fueconorg-5655	207	32	fits	fit	VERB
fueconorg-5655	207	33	some	some	DET
fueconorg-5655	207	34	”	"	PUNCT
fueconorg-5655	207	35	monetary	monetary	ADJ
fueconorg-5655	207	36	policy	policy	NOUN
fueconorg-5655	207	37	are	be	AUX
fueconorg-5655	207	38	also	also	ADV
fueconorg-5655	207	39	emphasized	emphasize	VERB
fueconorg-5655	207	40	in	in	ADP
fueconorg-5655	207	41	kool	kool	PROPN
fueconorg-5655	207	42	(	(	PUNCT
fueconorg-5655	207	43	2005	2005	NUM
fueconorg-5655	207	44	)	)	PUNCT
fueconorg-5655	207	45	,	,	PUNCT
fueconorg-5655	207	46	hendricks	hendrick	NOUN
fueconorg-5655	207	47	&	&	CCONJ
fueconorg-5655	207	48	kempa	kempa	PROPN
fueconorg-5655	207	49	(	(	PUNCT
fueconorg-5655	207	50	2008	2008	NUM
fueconorg-5655	207	51	)	)	PUNCT
fueconorg-5655	207	52	,	,	PUNCT
fueconorg-5655	207	53	petrova	petrova	X
fueconorg-5655	207	54	(	(	PUNCT
fueconorg-5655	207	55	2010	2010	NUM
fueconorg-5655	207	56	)	)	PUNCT
fueconorg-5655	207	57	,	,	PUNCT
fueconorg-5655	207	58	micossi	micossi	PROPN
fueconorg-5655	207	59	(	(	PUNCT
fueconorg-5655	207	60	2015	2015	NUM
fueconorg-5655	207	61	)	)	PUNCT
fueconorg-5655	207	62	,	,	PUNCT
fueconorg-5655	207	63	wortmann	wortmann	PROPN
fueconorg-5655	207	64	&	&	CCONJ
fueconorg-5655	207	65	stahl	stahl	PROPN
fueconorg-5655	207	66	(	(	PUNCT
fueconorg-5655	207	67	2016	2016	NUM
fueconorg-5655	207	68	)	)	PUNCT
fueconorg-5655	207	69	,	,	PUNCT
fueconorg-5655	207	70	botta	botta	PROPN
fueconorg-5655	207	71	,	,	PUNCT
fueconorg-5655	207	72	tippet	tippet	NOUN
fueconorg-5655	207	73	&	&	CCONJ
fueconorg-5655	207	74	onaran	onaran	ADJ
fueconorg-5655	207	75	(	(	PUNCT
fueconorg-5655	207	76	2018	2018	NUM
fueconorg-5655	207	77	)	)	PUNCT
fueconorg-5655	207	78	,	,	PUNCT
fueconorg-5655	207	79	etc	etc	X
fueconorg-5655	207	80	.	.	X
fueconorg-5655	208	1	4	4	X
fueconorg-5655	208	2	.	.	X
fueconorg-5655	208	3	concluding	conclude	VERB
fueconorg-5655	208	4	remarks	remark	NOUN
fueconorg-5655	208	5	“	"	PUNCT
fueconorg-5655	208	6	diversity	diversity	NOUN
fueconorg-5655	208	7	in	in	ADP
fueconorg-5655	208	8	unity	unity	NOUN
fueconorg-5655	208	9	”	"	PUNCT
fueconorg-5655	208	10	is	be	AUX
fueconorg-5655	208	11	the	the	DET
fueconorg-5655	208	12	famous	famous	ADJ
fueconorg-5655	208	13	european	european	ADJ
fueconorg-5655	208	14	slogan	slogan	NOUN
fueconorg-5655	208	15	,	,	PUNCT
fueconorg-5655	208	16	and	and	CCONJ
fueconorg-5655	208	17	as	as	ADV
fueconorg-5655	208	18	far	far	ADV
fueconorg-5655	208	19	as	as	SCONJ
fueconorg-5655	208	20	economic	economic	ADJ
fueconorg-5655	208	21	diversity	diversity	NOUN
fueconorg-5655	208	22	is	be	AUX
fueconorg-5655	208	23	concerned	concern	VERB
fueconorg-5655	208	24	,	,	PUNCT
fueconorg-5655	208	25	this	this	DET
fueconorg-5655	208	26	motto	motto	NOUN
fueconorg-5655	208	27	seems	seem	VERB
fueconorg-5655	208	28	appropriate	appropriate	ADJ
fueconorg-5655	208	29	.	.	PUNCT
fueconorg-5655	209	1	economic	economic	ADJ
fueconorg-5655	209	2	heterogeneity	heterogeneity	NOUN
fueconorg-5655	209	3	in	in	ADP
fueconorg-5655	209	4	the	the	DET
fueconorg-5655	209	5	ez	ez	PROPN
fueconorg-5655	209	6	is	be	AUX
fueconorg-5655	209	7	a	a	DET
fueconorg-5655	209	8	well	well	ADV
fueconorg-5655	209	9	-	-	PUNCT
fueconorg-5655	209	10	known	know	VERB
fueconorg-5655	209	11	phenomenon	phenomenon	NOUN
fueconorg-5655	209	12	,	,	PUNCT
fueconorg-5655	209	13	ranging	range	VERB
fueconorg-5655	209	14	from	from	ADP
fueconorg-5655	209	15	employment	employment	NOUN
fueconorg-5655	209	16	to	to	ADP
fueconorg-5655	209	17	growth	growth	NOUN
fueconorg-5655	209	18	rates	rate	NOUN
fueconorg-5655	209	19	,	,	PUNCT
fueconorg-5655	209	20	from	from	ADP
fueconorg-5655	209	21	public	public	ADJ
fueconorg-5655	209	22	debt	debt	NOUN
fueconorg-5655	209	23	and	and	CCONJ
fueconorg-5655	209	24	budget	budget	NOUN
fueconorg-5655	209	25	deficit	deficit	NOUN
fueconorg-5655	209	26	to	to	PART
fueconorg-5655	209	27	wage	wage	VERB
fueconorg-5655	209	28	and	and	CCONJ
fueconorg-5655	209	29	price	price	NOUN
fueconorg-5655	209	30	dynamics	dynamic	NOUN
fueconorg-5655	209	31	.	.	PUNCT
fueconorg-5655	210	1	convergence	convergence	NOUN
fueconorg-5655	210	2	criteria	criterion	NOUN
fueconorg-5655	210	3	should	should	AUX
fueconorg-5655	210	4	not	not	PART
fueconorg-5655	210	5	be	be	AUX
fueconorg-5655	210	6	viewed	view	VERB
fueconorg-5655	210	7	as	as	ADP
fueconorg-5655	210	8	a	a	DET
fueconorg-5655	210	9	temporary	temporary	ADJ
fueconorg-5655	210	10	adjustment	adjustment	NOUN
fueconorg-5655	210	11	aimed	aim	VERB
fueconorg-5655	210	12	at	at	ADP
fueconorg-5655	210	13	adopting	adopt	VERB
fueconorg-5655	210	14	a	a	DET
fueconorg-5655	210	15	common	common	ADJ
fueconorg-5655	210	16	currency	currency	NOUN
fueconorg-5655	210	17	.	.	PUNCT
fueconorg-5655	211	1	specifically	specifically	ADV
fueconorg-5655	211	2	,	,	PUNCT
fueconorg-5655	211	3	the	the	DET
fueconorg-5655	211	4	common	common	ADJ
fueconorg-5655	211	5	currency	currency	NOUN
fueconorg-5655	211	6	and	and	CCONJ
fueconorg-5655	211	7	monetary	monetary	ADJ
fueconorg-5655	211	8	union	union	NOUN
fueconorg-5655	211	9	are	be	AUX
fueconorg-5655	211	10	threatened	threaten	VERB
fueconorg-5655	211	11	per	per	ADP
fueconorg-5655	211	12	se	se	ADV
fueconorg-5655	211	13	if	if	SCONJ
fueconorg-5655	211	14	convergence	convergence	NOUN
fueconorg-5655	211	15	is	be	AUX
fueconorg-5655	211	16	not	not	PART
fueconorg-5655	211	17	maintained	maintain	VERB
fueconorg-5655	211	18	in	in	ADP
fueconorg-5655	211	19	the	the	DET
fueconorg-5655	211	20	long	long	ADJ
fueconorg-5655	211	21	run	run	NOUN
fueconorg-5655	211	22	.	.	PUNCT
fueconorg-5655	212	1	the	the	DET
fueconorg-5655	212	2	global	global	ADJ
fueconorg-5655	212	3	crisis	crisis	NOUN
fueconorg-5655	212	4	has	have	AUX
fueconorg-5655	212	5	highlighted	highlight	VERB
fueconorg-5655	212	6	already	already	ADV
fueconorg-5655	212	7	accumulated	accumulate	VERB
fueconorg-5655	212	8	macroeconomic	macroeconomic	ADJ
fueconorg-5655	212	9	imbalance	imbalance	NOUN
fueconorg-5655	212	10	and	and	CCONJ
fueconorg-5655	212	11	vulnerability	vulnerability	NOUN
fueconorg-5655	212	12	of	of	ADP
fueconorg-5655	212	13	the	the	DET
fueconorg-5655	212	14	ez	ez	PROPN
fueconorg-5655	212	15	in	in	ADP
fueconorg-5655	212	16	the	the	DET
fueconorg-5655	212	17	pre	pre	ADJ
fueconorg-5655	212	18	-	-	ADJ
fueconorg-5655	212	19	crisis	crisis	ADJ
fueconorg-5655	212	20	period	period	NOUN
fueconorg-5655	212	21	,	,	PUNCT
fueconorg-5655	212	22	culminating	culminate	VERB
fueconorg-5655	212	23	with	with	ADP
fueconorg-5655	212	24	the	the	DET
fueconorg-5655	212	25	debt	debt	NOUN
fueconorg-5655	212	26	ez	ez	NOUN
fueconorg-5655	212	27	crisis	crisis	NOUN
fueconorg-5655	212	28	.	.	PUNCT
fueconorg-5655	213	1	the	the	DET
fueconorg-5655	213	2	lesson	lesson	NOUN
fueconorg-5655	213	3	of	of	ADP
fueconorg-5655	213	4	crisis	crisis	NOUN
fueconorg-5655	213	5	episodes	episode	NOUN
fueconorg-5655	213	6	underlines	underline	VERB
fueconorg-5655	213	7	the	the	DET
fueconorg-5655	213	8	need	need	NOUN
fueconorg-5655	213	9	to	to	PART
fueconorg-5655	213	10	prevent	prevent	VERB
fueconorg-5655	213	11	the	the	DET
fueconorg-5655	213	12	aforementioned	aforementione	VERB
fueconorg-5655	213	13	imbalances	imbalance	NOUN
fueconorg-5655	213	14	within	within	ADP
fueconorg-5655	213	15	the	the	DET
fueconorg-5655	213	16	single	single	ADJ
fueconorg-5655	213	17	currency	currency	NOUN
fueconorg-5655	213	18	area	area	NOUN
fueconorg-5655	213	19	,	,	PUNCT
fueconorg-5655	213	20	as	as	SCONJ
fueconorg-5655	213	21	divergence	divergence	NOUN
fueconorg-5655	213	22	will	will	AUX
fueconorg-5655	213	23	lead	lead	VERB
fueconorg-5655	213	24	sooner	soon	ADV
fueconorg-5655	213	25	or	or	CCONJ
fueconorg-5655	213	26	later	later	ADV
fueconorg-5655	213	27	to	to	ADP
fueconorg-5655	213	28	the	the	DET
fueconorg-5655	213	29	ez	ez	PROPN
fueconorg-5655	213	30	crisis	crisis	NOUN
fueconorg-5655	213	31	under	under	ADP
fueconorg-5655	213	32	sudden	sudden	ADJ
fueconorg-5655	213	33	external	external	ADJ
fueconorg-5655	213	34	shocks	shock	NOUN
fueconorg-5655	213	35	.	.	PUNCT
fueconorg-5655	214	1	despite	despite	SCONJ
fueconorg-5655	214	2	vast	vast	ADJ
fueconorg-5655	214	3	literature	literature	NOUN
fueconorg-5655	214	4	dealing	deal	VERB
fueconorg-5655	214	5	with	with	ADP
fueconorg-5655	214	6	the	the	DET
fueconorg-5655	214	7	issue	issue	NOUN
fueconorg-5655	214	8	of	of	ADP
fueconorg-5655	214	9	ez	ez	PROPN
fueconorg-5655	214	10	vulnerability	vulnerability	NOUN
fueconorg-5655	214	11	,	,	PUNCT
fueconorg-5655	214	12	the	the	DET
fueconorg-5655	214	13	paper	paper	NOUN
fueconorg-5655	214	14	aims	aim	VERB
fueconorg-5655	214	15	to	to	PART
fueconorg-5655	214	16	contribute	contribute	VERB
fueconorg-5655	214	17	with	with	ADP
fueconorg-5655	214	18	an	an	DET
fueconorg-5655	214	19	up	up	ADP
fueconorg-5655	214	20	-	-	PUNCT
fueconorg-5655	214	21	to	to	ADP
fueconorg-5655	214	22	-	-	PUNCT
fueconorg-5655	214	23	date	date	NOUN
fueconorg-5655	214	24	descriptive	descriptive	ADJ
fueconorg-5655	214	25	and	and	CCONJ
fueconorg-5655	214	26	econometric	econometric	ADJ
fueconorg-5655	214	27	analysis	analysis	NOUN
fueconorg-5655	214	28	of	of	ADP
fueconorg-5655	214	29	macroeconomic	macroeconomic	ADJ
fueconorg-5655	214	30	divergences	divergence	NOUN
fueconorg-5655	214	31	among	among	ADP
fueconorg-5655	214	32	core	core	NOUN
fueconorg-5655	214	33	-	-	PUNCT
fueconorg-5655	214	34	periphery	periphery	NOUN
fueconorg-5655	214	35	-	-	PUNCT
fueconorg-5655	214	36	emerging	emerge	VERB
fueconorg-5655	214	37	ez	ez	ADJ
fueconorg-5655	214	38	members	member	NOUN
fueconorg-5655	214	39	and	and	CCONJ
fueconorg-5655	214	40	consequential	consequential	ADJ
fueconorg-5655	214	41	asymmetric	asymmetric	ADJ
fueconorg-5655	214	42	responses	response	NOUN
fueconorg-5655	214	43	to	to	ADP
fueconorg-5655	214	44	supranational	supranational	ADJ
fueconorg-5655	214	45	monetary	monetary	ADJ
fueconorg-5655	214	46	measures	measure	NOUN
fueconorg-5655	214	47	.	.	PUNCT
fueconorg-5655	215	1	this	this	DET
fueconorg-5655	215	2	paper	paper	NOUN
fueconorg-5655	215	3	argues	argue	VERB
fueconorg-5655	215	4	that	that	SCONJ
fueconorg-5655	215	5	the	the	DET
fueconorg-5655	215	6	ez	ez	PROPN
fueconorg-5655	215	7	seems	seem	VERB
fueconorg-5655	215	8	to	to	PART
fueconorg-5655	215	9	be	be	AUX
fueconorg-5655	215	10	a	a	DET
fueconorg-5655	215	11	rather	rather	ADV
fueconorg-5655	215	12	complicated	complicated	ADJ
fueconorg-5655	215	13	framework	framework	NOUN
fueconorg-5655	215	14	for	for	ADP
fueconorg-5655	215	15	certain	certain	ADJ
fueconorg-5655	215	16	ez	ez	PROPN
fueconorg-5655	215	17	members	member	NOUN
fueconorg-5655	215	18	like	like	ADP
fueconorg-5655	215	19	greece	greece	PROPN
fueconorg-5655	215	20	,	,	PUNCT
fueconorg-5655	215	21	portugal	portugal	PROPN
fueconorg-5655	215	22	,	,	PUNCT
fueconorg-5655	215	23	spain	spain	PROPN
fueconorg-5655	215	24	,	,	PUNCT
fueconorg-5655	215	25	ireland	ireland	PROPN
fueconorg-5655	215	26	,	,	PUNCT
fueconorg-5655	215	27	and	and	CCONJ
fueconorg-5655	215	28	italy	italy	PROPN
fueconorg-5655	215	29	,	,	PUNCT
fueconorg-5655	215	30	namely	namely	ADV
fueconorg-5655	215	31	the	the	DET
fueconorg-5655	215	32	weaker	weak	ADJ
fueconorg-5655	215	33	or	or	CCONJ
fueconorg-5655	215	34	periphery	periphery	ADJ
fueconorg-5655	215	35	economies	economy	NOUN
fueconorg-5655	215	36	.	.	PUNCT
fueconorg-5655	216	1	here	here	ADV
fueconorg-5655	216	2	we	we	PRON
fueconorg-5655	216	3	especially	especially	ADV
fueconorg-5655	216	4	stress	stress	VERB
fueconorg-5655	216	5	nominal	nominal	ADJ
fueconorg-5655	216	6	and	and	CCONJ
fueconorg-5655	216	7	real	real	ADJ
fueconorg-5655	216	8	divergences	divergence	NOUN
fueconorg-5655	216	9	having	have	VERB
fueconorg-5655	216	10	in	in	ADP
fueconorg-5655	216	11	mind	mind	NOUN
fueconorg-5655	216	12	original	original	ADJ
fueconorg-5655	216	13	ez12	ez12	PROPN
fueconorg-5655	216	14	core	core	NOUN
fueconorg-5655	216	15	-	-	PUNCT
fueconorg-5655	216	16	periphery	periphery	NOUN
fueconorg-5655	216	17	dichotomy	dichotomy	NOUN
fueconorg-5655	216	18	,	,	PUNCT
fueconorg-5655	216	19	with	with	ADP
fueconorg-5655	216	20	even	even	ADV
fueconorg-5655	216	21	more	more	ADJ
fueconorg-5655	216	22	diversity	diversity	NOUN
fueconorg-5655	216	23	added	add	VERB
fueconorg-5655	216	24	by	by	ADP
fueconorg-5655	216	25	emerging	emerge	VERB
fueconorg-5655	216	26	ez19	ez19	PROPN
fueconorg-5655	216	27	economies	economy	NOUN
fueconorg-5655	216	28	.	.	PUNCT
fueconorg-5655	217	1	in	in	ADP
fueconorg-5655	217	2	the	the	DET
fueconorg-5655	217	3	periods	period	NOUN
fueconorg-5655	217	4	during	during	ADP
fueconorg-5655	217	5	which	which	PRON
fueconorg-5655	217	6	asymmetric	asymmetric	ADJ
fueconorg-5655	217	7	macroeconomic	macroeconomic	ADJ
fueconorg-5655	217	8	divergences	divergence	NOUN
fueconorg-5655	217	9	and	and	CCONJ
fueconorg-5655	217	10	asymmetric	asymmetric	ADJ
fueconorg-5655	217	11	resonses	resonse	NOUN
fueconorg-5655	217	12	within	within	ADP
fueconorg-5655	217	13	the	the	DET
fueconorg-5655	217	14	euro	euro	NOUN
fueconorg-5655	217	15	-	-	PUNCT
fueconorg-5655	217	16	zone	zone	NOUN
fueconorg-5655	217	17	39	39	NUM
fueconorg-5655	217	18	shocks	shock	NOUN
fueconorg-5655	217	19	create	create	VERB
fueconorg-5655	217	20	fundamentally	fundamentally	ADV
fueconorg-5655	217	21	different	different	ADJ
fueconorg-5655	217	22	economic	economic	ADJ
fueconorg-5655	217	23	conditions	condition	NOUN
fueconorg-5655	217	24	in	in	ADP
fueconorg-5655	217	25	the	the	DET
fueconorg-5655	217	26	ez	ez	PROPN
fueconorg-5655	217	27	,	,	PUNCT
fueconorg-5655	217	28	monetary	monetary	ADJ
fueconorg-5655	217	29	policy	policy	NOUN
fueconorg-5655	217	30	is	be	AUX
fueconorg-5655	217	31	not	not	PART
fueconorg-5655	217	32	a	a	DET
fueconorg-5655	217	33	very	very	ADV
fueconorg-5655	217	34	efficient	efficient	ADJ
fueconorg-5655	217	35	stabilizer	stabilizer	NOUN
fueconorg-5655	217	36	.	.	PUNCT
fueconorg-5655	218	1	the	the	DET
fueconorg-5655	218	2	ecb	ecb	NOUN
fueconorg-5655	218	3	’s	’s	PART
fueconorg-5655	218	4	monetary	monetary	ADJ
fueconorg-5655	218	5	policy	policy	NOUN
fueconorg-5655	218	6	has	have	VERB
fueconorg-5655	218	7	to	to	PART
fueconorg-5655	218	8	do	do	VERB
fueconorg-5655	218	9	justice	justice	NOUN
fueconorg-5655	218	10	to	to	ADP
fueconorg-5655	218	11	the	the	DET
fueconorg-5655	218	12	needs	need	NOUN
fueconorg-5655	218	13	of	of	ADP
fueconorg-5655	218	14	all	all	DET
fueconorg-5655	218	15	member	member	NOUN
fueconorg-5655	218	16	states	state	NOUN
fueconorg-5655	218	17	simultaneously	simultaneously	ADV
fueconorg-5655	218	18	and	and	CCONJ
fueconorg-5655	218	19	may	may	AUX
fueconorg-5655	218	20	not	not	PART
fueconorg-5655	218	21	be	be	AUX
fueconorg-5655	218	22	geared	gear	VERB
fueconorg-5655	218	23	to	to	ADP
fueconorg-5655	218	24	the	the	DET
fueconorg-5655	218	25	requirements	requirement	NOUN
fueconorg-5655	218	26	of	of	ADP
fueconorg-5655	218	27	individual	individual	ADJ
fueconorg-5655	218	28	member	member	NOUN
fueconorg-5655	218	29	states	state	NOUN
fueconorg-5655	218	30	only	only	ADV
fueconorg-5655	218	31	.	.	PUNCT
fueconorg-5655	219	1	however	however	ADV
fueconorg-5655	219	2	,	,	PUNCT
fueconorg-5655	219	3	the	the	DET
fueconorg-5655	219	4	effectiveness	effectiveness	NOUN
fueconorg-5655	219	5	or	or	CCONJ
fueconorg-5655	219	6	stabilization	stabilization	NOUN
fueconorg-5655	219	7	role	role	NOUN
fueconorg-5655	219	8	of	of	ADP
fueconorg-5655	219	9	supranational	supranational	ADJ
fueconorg-5655	219	10	monetary	monetary	ADJ
fueconorg-5655	219	11	policy	policy	NOUN
fueconorg-5655	219	12	is	be	AUX
fueconorg-5655	219	13	weak	weak	ADJ
fueconorg-5655	219	14	in	in	ADP
fueconorg-5655	219	15	mutually	mutually	ADV
fueconorg-5655	219	16	divergent	divergent	ADJ
fueconorg-5655	219	17	economies	economy	NOUN
fueconorg-5655	219	18	,	,	PUNCT
fueconorg-5655	219	19	subject	subject	ADJ
fueconorg-5655	219	20	to	to	ADP
fueconorg-5655	219	21	asymmetric	asymmetric	ADJ
fueconorg-5655	219	22	shocks	shock	NOUN
fueconorg-5655	219	23	.	.	PUNCT
fueconorg-5655	220	1	the	the	DET
fueconorg-5655	220	2	results	result	NOUN
fueconorg-5655	220	3	confirm	confirm	VERB
fueconorg-5655	220	4	that	that	SCONJ
fueconorg-5655	220	5	ecb	ecb	PROPN
fueconorg-5655	220	6	’s	’s	PART
fueconorg-5655	220	7	interest	interest	NOUN
fueconorg-5655	220	8	rate	rate	NOUN
fueconorg-5655	220	9	monetary	monetary	ADJ
fueconorg-5655	220	10	transmission	transmission	NOUN
fueconorg-5655	220	11	is	be	AUX
fueconorg-5655	220	12	counter	counter	ADJ
fueconorg-5655	220	13	-	-	ADJ
fueconorg-5655	220	14	cyclical	cyclical	ADJ
fueconorg-5655	220	15	for	for	ADP
fueconorg-5655	220	16	the	the	DET
fueconorg-5655	220	17	core	core	NOUN
fueconorg-5655	220	18	countries	country	NOUN
fueconorg-5655	220	19	,	,	PUNCT
fueconorg-5655	220	20	while	while	SCONJ
fueconorg-5655	220	21	for	for	ADP
fueconorg-5655	220	22	the	the	DET
fueconorg-5655	220	23	periphery	periphery	ADJ
fueconorg-5655	220	24	countries	country	NOUN
fueconorg-5655	220	25	it	it	PRON
fueconorg-5655	220	26	is	be	AUX
fueconorg-5655	220	27	a	a	DET
fueconorg-5655	220	28	relatively	relatively	ADV
fueconorg-5655	220	29	weak	weak	ADJ
fueconorg-5655	220	30	stabilization	stabilization	NOUN
fueconorg-5655	220	31	mechanism	mechanism	NOUN
fueconorg-5655	220	32	.	.	PUNCT
fueconorg-5655	221	1	especially	especially	ADV
fueconorg-5655	221	2	,	,	PUNCT
fueconorg-5655	221	3	the	the	DET
fueconorg-5655	221	4	ecb	ecb	NOUN
fueconorg-5655	221	5	’s	’s	PART
fueconorg-5655	221	6	impulse	impulse	PROPN
fueconorg-5655	221	7	is	be	AUX
fueconorg-5655	221	8	most	most	ADV
fueconorg-5655	221	9	compatible	compatible	ADJ
fueconorg-5655	221	10	with	with	ADP
fueconorg-5655	221	11	the	the	DET
fueconorg-5655	221	12	german	german	ADJ
fueconorg-5655	221	13	countercyclical	countercyclical	ADJ
fueconorg-5655	221	14	need	need	NOUN
fueconorg-5655	221	15	,	,	PUNCT
fueconorg-5655	221	16	then	then	ADV
fueconorg-5655	221	17	french	french	ADJ
fueconorg-5655	221	18	,	,	PUNCT
fueconorg-5655	221	19	and	and	CCONJ
fueconorg-5655	221	20	in	in	ADP
fueconorg-5655	221	21	the	the	DET
fueconorg-5655	221	22	least	least	ADJ
fueconorg-5655	221	23	extent	extent	NOUN
fueconorg-5655	221	24	adjusted	adjust	VERB
fueconorg-5655	221	25	to	to	ADP
fueconorg-5655	221	26	the	the	DET
fueconorg-5655	221	27	greek	greek	ADJ
fueconorg-5655	221	28	situation	situation	NOUN
fueconorg-5655	221	29	.	.	PUNCT
fueconorg-5655	222	1	the	the	DET
fueconorg-5655	222	2	convergence	convergence	NOUN
fueconorg-5655	222	3	of	of	ADP
fueconorg-5655	222	4	key	key	ADJ
fueconorg-5655	222	5	nominal	nominal	ADJ
fueconorg-5655	222	6	and	and	CCONJ
fueconorg-5655	222	7	real	real	ADJ
fueconorg-5655	222	8	variables	variable	NOUN
fueconorg-5655	222	9	is	be	AUX
fueconorg-5655	222	10	necessary	necessary	ADJ
fueconorg-5655	222	11	for	for	ADP
fueconorg-5655	222	12	the	the	DET
fueconorg-5655	222	13	proper	proper	ADJ
fueconorg-5655	222	14	functioning	functioning	NOUN
fueconorg-5655	222	15	of	of	ADP
fueconorg-5655	222	16	the	the	DET
fueconorg-5655	222	17	monetary	monetary	ADJ
fueconorg-5655	222	18	union	union	NOUN
fueconorg-5655	222	19	.	.	PUNCT
fueconorg-5655	223	1	however	however	ADV
fueconorg-5655	223	2	,	,	PUNCT
fueconorg-5655	223	3	structural	structural	ADJ
fueconorg-5655	223	4	differences	difference	NOUN
fueconorg-5655	223	5	of	of	ADP
fueconorg-5655	223	6	ez	ez	PROPN
fueconorg-5655	223	7	members	member	NOUN
fueconorg-5655	223	8	can	can	AUX
fueconorg-5655	223	9	hardly	hardly	ADV
fueconorg-5655	223	10	be	be	AUX
fueconorg-5655	223	11	narrowed	narrow	VERB
fueconorg-5655	223	12	significantly	significantly	ADV
fueconorg-5655	223	13	in	in	ADP
fueconorg-5655	223	14	a	a	DET
fueconorg-5655	223	15	relatively	relatively	ADV
fueconorg-5655	223	16	short	short	ADJ
fueconorg-5655	223	17	period	period	NOUN
fueconorg-5655	223	18	of	of	ADP
fueconorg-5655	223	19	time	time	NOUN
fueconorg-5655	223	20	.	.	PUNCT
fueconorg-5655	224	1	therefore	therefore	ADV
fueconorg-5655	224	2	,	,	PUNCT
fueconorg-5655	224	3	persistent	persistent	ADJ
fueconorg-5655	224	4	economic	economic	ADJ
fueconorg-5655	224	5	divergence	divergence	NOUN
fueconorg-5655	224	6	is	be	AUX
fueconorg-5655	224	7	a	a	DET
fueconorg-5655	224	8	key	key	ADJ
fueconorg-5655	224	9	challenge	challenge	NOUN
fueconorg-5655	224	10	to	to	PART
fueconorg-5655	224	11	keep	keep	VERB
fueconorg-5655	224	12	european	european	PROPN
fueconorg-5655	224	13	monetary	monetary	ADJ
fueconorg-5655	224	14	union	union	PROPN
fueconorg-5655	224	15	sustainable	sustainable	ADJ
fueconorg-5655	224	16	.	.	PUNCT
fueconorg-5655	225	1	important	important	ADJ
fueconorg-5655	225	2	actions	action	NOUN
fueconorg-5655	225	3	have	have	AUX
fueconorg-5655	225	4	already	already	ADV
fueconorg-5655	225	5	been	be	AUX
fueconorg-5655	225	6	taken	take	VERB
fueconorg-5655	225	7	in	in	ADP
fueconorg-5655	225	8	establishing	establish	VERB
fueconorg-5655	225	9	the	the	DET
fueconorg-5655	225	10	banking	banking	NOUN
fueconorg-5655	225	11	union	union	NOUN
fueconorg-5655	225	12	,	,	PUNCT
fueconorg-5655	225	13	monitoring	monitor	VERB
fueconorg-5655	225	14	and	and	CCONJ
fueconorg-5655	225	15	coordinating	coordinate	VERB
fueconorg-5655	225	16	macroeconomic	macroeconomic	ADJ
fueconorg-5655	225	17	policies	policy	NOUN
fueconorg-5655	225	18	more	more	ADV
fueconorg-5655	225	19	closely	closely	ADV
fueconorg-5655	225	20	,	,	PUNCT
fueconorg-5655	225	21	and	and	CCONJ
fueconorg-5655	225	22	pushing	push	VERB
fueconorg-5655	225	23	for	for	ADP
fueconorg-5655	225	24	greater	great	ADJ
fueconorg-5655	225	25	structural	structural	ADJ
fueconorg-5655	225	26	reforms	reform	NOUN
fueconorg-5655	225	27	through	through	ADP
fueconorg-5655	225	28	the	the	DET
fueconorg-5655	225	29	european	european	ADJ
fueconorg-5655	225	30	semester	semester	NOUN
fueconorg-5655	225	31	,	,	PUNCT
fueconorg-5655	225	32	macroeconomic	macroeconomic	ADJ
fueconorg-5655	225	33	imbalances	imbalance	NOUN
fueconorg-5655	225	34	procedure	procedure	NOUN
fueconorg-5655	225	35	,	,	PUNCT
fueconorg-5655	225	36	and	and	CCONJ
fueconorg-5655	225	37	other	other	ADJ
fueconorg-5655	225	38	initiatives	initiative	NOUN
fueconorg-5655	225	39	.	.	PUNCT
fueconorg-5655	226	1	nevertheless	nevertheless	ADV
fueconorg-5655	226	2	,	,	PUNCT
fueconorg-5655	226	3	long	long	ADJ
fueconorg-5655	226	4	term	term	NOUN
fueconorg-5655	226	5	success	success	NOUN
fueconorg-5655	226	6	of	of	ADP
fueconorg-5655	226	7	the	the	DET
fueconorg-5655	226	8	ez	ez	PROPN
fueconorg-5655	226	9	depends	depend	VERB
fueconorg-5655	226	10	on	on	ADP
fueconorg-5655	226	11	continuing	continue	VERB
fueconorg-5655	226	12	process	process	NOUN
fueconorg-5655	226	13	of	of	ADP
fueconorg-5655	226	14	political	political	ADJ
fueconorg-5655	226	15	unification	unification	NOUN
fueconorg-5655	226	16	.	.	PUNCT
fueconorg-5655	227	1	budgetary	budgetary	ADJ
fueconorg-5655	227	2	union	union	NOUN
fueconorg-5655	227	3	(	(	PUNCT
fueconorg-5655	227	4	and	and	CCONJ
fueconorg-5655	227	5	thus	thus	ADV
fueconorg-5655	227	6	political	political	ADJ
fueconorg-5655	227	7	union	union	NOUN
fueconorg-5655	227	8	)	)	PUNCT
fueconorg-5655	227	9	is	be	AUX
fueconorg-5655	227	10	needed	need	VERB
fueconorg-5655	227	11	,	,	PUNCT
fueconorg-5655	227	12	but	but	CCONJ
fueconorg-5655	227	13	the	the	DET
fueconorg-5655	227	14	willingness	willingness	NOUN
fueconorg-5655	227	15	today	today	NOUN
fueconorg-5655	227	16	to	to	PART
fueconorg-5655	227	17	move	move	VERB
fueconorg-5655	227	18	in	in	ADP
fueconorg-5655	227	19	the	the	DET
fueconorg-5655	227	20	mentioned	mention	VERB
fueconorg-5655	227	21	direction	direction	NOUN
fueconorg-5655	227	22	is	be	AUX
fueconorg-5655	227	23	relatively	relatively	ADV
fueconorg-5655	227	24	weak	weak	ADJ
fueconorg-5655	227	25	.	.	PUNCT
fueconorg-5655	228	1	this	this	PRON
fueconorg-5655	228	2	will	will	AUX
fueconorg-5655	228	3	continue	continue	VERB
fueconorg-5655	228	4	to	to	PART
fueconorg-5655	228	5	make	make	VERB
fueconorg-5655	228	6	the	the	DET
fueconorg-5655	228	7	ez	ez	PROPN
fueconorg-5655	228	8	a	a	DET
fueconorg-5655	228	9	fragile	fragile	ADJ
fueconorg-5655	228	10	monetary	monetary	ADJ
fueconorg-5655	228	11	arrangement	arrangement	NOUN
fueconorg-5655	228	12	,	,	PUNCT
fueconorg-5655	228	13	without	without	ADP
fueconorg-5655	228	14	possibility	possibility	NOUN
fueconorg-5655	228	15	to	to	PART
fueconorg-5655	228	16	predict	predict	VERB
fueconorg-5655	228	17	and	and	CCONJ
fueconorg-5655	228	18	guarantee	guarantee	VERB
fueconorg-5655	228	19	its	its	PRON
fueconorg-5655	228	20	long	long	ADJ
fueconorg-5655	228	21	-	-	PUNCT
fueconorg-5655	228	22	term	term	NOUN
fueconorg-5655	228	23	success	success	NOUN
fueconorg-5655	228	24	.	.	PUNCT
fueconorg-5655	229	1	references	reference	NOUN
fueconorg-5655	229	2	aizenman	aizenman	NOUN
fueconorg-5655	229	3	,	,	PUNCT
fueconorg-5655	229	4	j.	j.	PROPN
fueconorg-5655	229	5	(	(	PUNCT
fueconorg-5655	229	6	2014	2014	NUM
fueconorg-5655	229	7	)	)	PUNCT
fueconorg-5655	229	8	.	.	PUNCT
fueconorg-5655	230	1	the	the	DET
fueconorg-5655	230	2	eurocrisis	eurocrisis	NOUN
fueconorg-5655	230	3	:	:	PUNCT
fueconorg-5655	230	4	muddling	muddle	VERB
fueconorg-5655	230	5	through	through	ADP
fueconorg-5655	230	6	,	,	PUNCT
fueconorg-5655	230	7	or	or	CCONJ
fueconorg-5655	230	8	on	on	ADP
fueconorg-5655	230	9	the	the	DET
fueconorg-5655	230	10	way	way	NOUN
fueconorg-5655	230	11	to	to	ADP
fueconorg-5655	230	12	a	a	DET
fueconorg-5655	230	13	more	more	ADV
fueconorg-5655	230	14	perfect	perfect	ADJ
fueconorg-5655	230	15	euro	euro	NOUN
fueconorg-5655	230	16	union	union	NOUN
fueconorg-5655	230	17	?	?	PUNCT
fueconorg-5655	231	1	(	(	PUNCT
fueconorg-5655	231	2	nber	nber	PROPN
fueconorg-5655	231	3	working	working	PROPN
fueconorg-5655	231	4	paper	paper	NOUN
fueconorg-5655	231	5	,	,	PUNCT
fueconorg-5655	231	6	20242	20242	NUM
fueconorg-5655	231	7	)	)	PUNCT
fueconorg-5655	231	8	,	,	PUNCT
fueconorg-5655	231	9	cambridge	cambridge	PROPN
fueconorg-5655	231	10	,	,	PUNCT
fueconorg-5655	231	11	ma	ma	PROPN
fueconorg-5655	231	12	:	:	PUNCT
fueconorg-5655	231	13	the	the	DET
fueconorg-5655	231	14	national	national	PROPN
fueconorg-5655	231	15	bureau	bureau	PROPN
fueconorg-5655	231	16	of	of	ADP
fueconorg-5655	231	17	economic	economic	ADJ
fueconorg-5655	231	18	research	research	NOUN
fueconorg-5655	231	19	.	.	PUNCT
fueconorg-5655	232	1	arratibel	arratibel	PROPN
fueconorg-5655	232	2	,	,	PUNCT
fueconorg-5655	232	3	o.	o.	PROPN
fueconorg-5655	232	4	,	,	PUNCT
fueconorg-5655	232	5	&	&	CCONJ
fueconorg-5655	232	6	michaelis	michaelis	PROPN
fueconorg-5655	232	7	,	,	PUNCT
fueconorg-5655	232	8	h.	h.	PROPN
fueconorg-5655	232	9	(	(	PUNCT
fueconorg-5655	232	10	2014	2014	NUM
fueconorg-5655	232	11	)	)	PUNCT
fueconorg-5655	232	12	.	.	PUNCT
fueconorg-5655	233	1	the	the	DET
fueconorg-5655	233	2	impact	impact	NOUN
fueconorg-5655	233	3	of	of	ADP
fueconorg-5655	233	4	monetary	monetary	ADJ
fueconorg-5655	233	5	policy	policy	NOUN
fueconorg-5655	233	6	and	and	CCONJ
fueconorg-5655	233	7	exchange	exchange	NOUN
fueconorg-5655	233	8	rate	rate	NOUN
fueconorg-5655	233	9	shocks	shock	NOUN
fueconorg-5655	233	10	in	in	ADP
fueconorg-5655	233	11	poland	poland	PROPN
fueconorg-5655	233	12	:	:	PUNCT
fueconorg-5655	233	13	evidence	evidence	NOUN
fueconorg-5655	233	14	from	from	ADP
fueconorg-5655	233	15	a	a	DET
fueconorg-5655	233	16	time	time	NOUN
fueconorg-5655	233	17	-	-	PUNCT
fueconorg-5655	233	18	varying	vary	VERB
fueconorg-5655	233	19	var	var	NOUN
fueconorg-5655	233	20	(	(	PUNCT
fueconorg-5655	233	21	ecb	ecb	NOUN
fueconorg-5655	233	22	working	working	PROPN
fueconorg-5655	233	23	paper	paper	PROPN
fueconorg-5655	233	24	series	series	PROPN
fueconorg-5655	233	25	1636(16	1636(16	NUM
fueconorg-5655	233	26	)	)	PUNCT
fueconorg-5655	233	27	)	)	PUNCT
fueconorg-5655	233	28	,	,	PUNCT
fueconorg-5655	233	29	frankfurt	frankfurt	PROPN
fueconorg-5655	233	30	:	:	PUNCT
fueconorg-5655	233	31	european	european	PROPN
fueconorg-5655	233	32	central	central	PROPN
fueconorg-5655	233	33	bank	bank	PROPN
fueconorg-5655	233	34	.	.	PUNCT
fueconorg-5655	234	1	alessandrini	alessandrini	PROPN
fueconorg-5655	234	2	,	,	PUNCT
fueconorg-5655	234	3	p.	p.	PROPN
fueconorg-5655	234	4	,	,	PUNCT
fueconorg-5655	234	5	fratianni	fratianni	PROPN
fueconorg-5655	234	6	,	,	PUNCT
fueconorg-5655	234	7	m.	m.	NOUN
fueconorg-5655	234	8	,	,	PUNCT
fueconorg-5655	234	9	hughes	hughes	PROPN
fueconorg-5655	234	10	,	,	PUNCT
fueconorg-5655	234	11	a.	a.	PROPN
fueconorg-5655	234	12	,	,	PUNCT
fueconorg-5655	234	13	&	&	CCONJ
fueconorg-5655	234	14	presbitero	presbitero	PROPN
fueconorg-5655	234	15	,	,	PUNCT
fueconorg-5655	234	16	f.	f.	PROPN
fueconorg-5655	234	17	(	(	PUNCT
fueconorg-5655	234	18	2014	2014	NUM
fueconorg-5655	234	19	)	)	PUNCT
fueconorg-5655	234	20	.	.	PUNCT
fueconorg-5655	235	1	external	external	ADJ
fueconorg-5655	235	2	imbalances	imbalance	NOUN
fueconorg-5655	235	3	and	and	CCONJ
fueconorg-5655	235	4	fiscal	fiscal	ADJ
fueconorg-5655	235	5	fragility	fragility	NOUN
fueconorg-5655	235	6	in	in	ADP
fueconorg-5655	235	7	the	the	DET
fueconorg-5655	235	8	euro	euro	PROPN
fueconorg-5655	235	9	area	area	NOUN
fueconorg-5655	235	10	.	.	PUNCT
fueconorg-5655	236	1	open	open	ADJ
fueconorg-5655	236	2	economies	economy	NOUN
fueconorg-5655	236	3	review	review	VERB
fueconorg-5655	236	4	,	,	PUNCT
fueconorg-5655	236	5	25(1	25(1	NUM
fueconorg-5655	236	6	)	)	PUNCT
fueconorg-5655	236	7	,	,	PUNCT
fueconorg-5655	236	8	3‐34	3‐34	NUM
fueconorg-5655	236	9	.	.	PUNCT
fueconorg-5655	236	10	auf	auf	PROPN
fueconorg-5655	236	11	dem	dem	PROPN
fueconorg-5655	236	12	brinke	brinke	PROPN
fueconorg-5655	236	13	,	,	PUNCT
fueconorg-5655	236	14	a.	a.	NOUN
fueconorg-5655	236	15	,	,	PUNCT
fueconorg-5655	236	16	enderlein	enderlein	ADJ
fueconorg-5655	236	17	,	,	PUNCT
fueconorg-5655	236	18	h.	h.	PROPN
fueconorg-5655	236	19	,	,	PUNCT
fueconorg-5655	236	20	&	&	CCONJ
fueconorg-5655	236	21	fritz	fritz	PROPN
fueconorg-5655	236	22	-	-	PUNCT
fueconorg-5655	236	23	vannahme	vannahme	PROPN
fueconorg-5655	236	24	,	,	PUNCT
fueconorg-5655	236	25	j.	j.	PROPN
fueconorg-5655	236	26	(	(	PUNCT
fueconorg-5655	236	27	2015	2015	NUM
fueconorg-5655	236	28	)	)	PUNCT
fueconorg-5655	236	29	.	.	PUNCT
fueconorg-5655	237	1	what	what	PRON
fueconorg-5655	237	2	kind	kind	NOUN
fueconorg-5655	237	3	of	of	ADP
fueconorg-5655	237	4	convergence	convergence	NOUN
fueconorg-5655	237	5	does	do	AUX
fueconorg-5655	237	6	the	the	DET
fueconorg-5655	237	7	euro	euro	PROPN
fueconorg-5655	237	8	area	area	NOUN
fueconorg-5655	237	9	need	need	VERB
fueconorg-5655	237	10	?	?	PUNCT
fueconorg-5655	237	11	.	.	PUNCT
fueconorg-5655	238	1	gütersloh	gütersloh	NOUN
fueconorg-5655	238	2	:	:	PUNCT
fueconorg-5655	238	3	bertelsmann	bertelsmann	PROPN
fueconorg-5655	238	4	stiftung	stiftung	PROPN
fueconorg-5655	238	5	und	und	PROPN
fueconorg-5655	238	6	jacques	jacques	PROPN
fueconorg-5655	238	7	delors	delors	PROPN
fueconorg-5655	238	8	institut	institut	PROPN
fueconorg-5655	238	9	–	–	PUNCT
fueconorg-5655	238	10	berlin	berlin	PROPN
fueconorg-5655	238	11	.	.	PUNCT
fueconorg-5655	239	1	baldwin	baldwin	PROPN
fueconorg-5655	239	2	,	,	PUNCT
fueconorg-5655	239	3	r.	r.	PROPN
fueconorg-5655	239	4	,	,	PUNCT
fueconorg-5655	239	5	&	&	CCONJ
fueconorg-5655	239	6	giavazzi	giavazzi	PROPN
fueconorg-5655	239	7	,	,	PUNCT
fueconorg-5655	239	8	f.	f.	PROPN
fueconorg-5655	239	9	(	(	PUNCT
fueconorg-5655	239	10	2016	2016	NUM
fueconorg-5655	239	11	)	)	PUNCT
fueconorg-5655	239	12	.	.	PUNCT
fueconorg-5655	240	1	how	how	SCONJ
fueconorg-5655	240	2	to	to	PART
fueconorg-5655	240	3	fix	fix	VERB
fueconorg-5655	240	4	europe	europe	PROPN
fueconorg-5655	240	5	’s	’s	PART
fueconorg-5655	240	6	monetary	monetary	ADJ
fueconorg-5655	240	7	union	union	PROPN
fueconorg-5655	240	8	:	:	PUNCT
fueconorg-5655	240	9	views	view	NOUN
fueconorg-5655	240	10	of	of	ADP
fueconorg-5655	240	11	leading	lead	VERB
fueconorg-5655	240	12	economists	economist	NOUN
fueconorg-5655	240	13	.	.	PUNCT
fueconorg-5655	241	1	london	london	PROPN
fueconorg-5655	241	2	,	,	PUNCT
fueconorg-5655	241	3	uk	uk	PROPN
fueconorg-5655	241	4	:	:	PUNCT
fueconorg-5655	241	5	cepr	cepr	ADJ
fueconorg-5655	241	6	press	press	NOUN
fueconorg-5655	241	7	.	.	PUNCT
fueconorg-5655	242	1	baldwin	baldwin	PROPN
fueconorg-5655	242	2	,	,	PUNCT
fueconorg-5655	242	3	r.	r.	PROPN
fueconorg-5655	242	4	,	,	PUNCT
fueconorg-5655	242	5	&	&	CCONJ
fueconorg-5655	242	6	wyplosz	wyplosz	PROPN
fueconorg-5655	242	7	,	,	PUNCT
fueconorg-5655	242	8	c.	c.	NOUN
fueconorg-5655	242	9	(	(	PUNCT
fueconorg-5655	242	10	2012	2012	NUM
fueconorg-5655	242	11	)	)	PUNCT
fueconorg-5655	242	12	.	.	PUNCT
fueconorg-5655	243	1	the	the	DET
fueconorg-5655	243	2	economics	economic	NOUN
fueconorg-5655	243	3	of	of	ADP
fueconorg-5655	243	4	european	european	ADJ
fueconorg-5655	243	5	integration	integration	NOUN
fueconorg-5655	243	6	.	.	PUNCT
fueconorg-5655	244	1	4th	4th	ADJ
fueconorg-5655	244	2	revised	revise	VERB
fueconorg-5655	244	3	edition	edition	NOUN
fueconorg-5655	244	4	,	,	PUNCT
fueconorg-5655	244	5	mcgraw	mcgraw	PROPN
fueconorg-5655	244	6	hill	hill	PROPN
fueconorg-5655	244	7	higher	high	ADJ
fueconorg-5655	244	8	education	education	NOUN
fueconorg-5655	244	9	.	.	PUNCT
fueconorg-5655	245	1	bartlett	bartlett	PROPN
fueconorg-5655	245	2	,	,	PUNCT
fueconorg-5655	245	3	w.	w.	PROPN
fueconorg-5655	245	4	,	,	PUNCT
fueconorg-5655	245	5	&	&	CCONJ
fueconorg-5655	245	6	prica	prica	PROPN
fueconorg-5655	245	7	,	,	PUNCT
fueconorg-5655	245	8	i.	i.	PROPN
fueconorg-5655	245	9	(	(	PUNCT
fueconorg-5655	245	10	2016	2016	NUM
fueconorg-5655	245	11	)	)	PUNCT
fueconorg-5655	245	12	.	.	PUNCT
fueconorg-5655	246	1	interdependence	interdependence	NOUN
fueconorg-5655	246	2	between	between	ADP
fueconorg-5655	246	3	core	core	NOUN
fueconorg-5655	246	4	and	and	CCONJ
fueconorg-5655	246	5	peripheries	periphery	NOUN
fueconorg-5655	246	6	of	of	ADP
fueconorg-5655	246	7	the	the	DET
fueconorg-5655	246	8	european	european	ADJ
fueconorg-5655	246	9	economy	economy	NOUN
fueconorg-5655	246	10	:	:	PUNCT
fueconorg-5655	246	11	secular	secular	ADJ
fueconorg-5655	246	12	stagnation	stagnation	NOUN
fueconorg-5655	246	13	and	and	CCONJ
fueconorg-5655	246	14	growth	growth	NOUN
fueconorg-5655	246	15	in	in	ADP
fueconorg-5655	246	16	the	the	DET
fueconorg-5655	246	17	western	western	ADJ
fueconorg-5655	246	18	balkans	balkans	PROPN
fueconorg-5655	246	19	(	(	PUNCT
fueconorg-5655	246	20	leqs	leq	VERB
fueconorg-5655	246	21	paper	paper	NOUN
fueconorg-5655	246	22	,	,	PUNCT
fueconorg-5655	246	23	1104/2016	1104/2016	NUM
fueconorg-5655	246	24	)	)	PUNCT
fueconorg-5655	246	25	,	,	PUNCT
fueconorg-5655	246	26	london	london	PROPN
fueconorg-5655	246	27	,	,	PUNCT
fueconorg-5655	246	28	uk	uk	PROPN
fueconorg-5655	246	29	:	:	PUNCT
fueconorg-5655	246	30	european	european	PROPN
fueconorg-5655	246	31	institute	institute	PROPN
fueconorg-5655	246	32	,	,	PUNCT
fueconorg-5655	246	33	london	london	PROPN
fueconorg-5655	246	34	school	school	NOUN
fueconorg-5655	246	35	of	of	ADP
fueconorg-5655	246	36	economics	economic	NOUN
fueconorg-5655	246	37	.	.	PUNCT
fueconorg-5655	247	1	bonatti	bonatti	PROPN
fueconorg-5655	247	2	,	,	PUNCT
fueconorg-5655	247	3	l.	l.	PROPN
fueconorg-5655	247	4	,	,	PUNCT
fueconorg-5655	247	5	&	&	CCONJ
fueconorg-5655	247	6	francasso	francasso	PROPN
fueconorg-5655	247	7	,	,	PUNCT
fueconorg-5655	247	8	a.	a.	NOUN
fueconorg-5655	247	9	(	(	PUNCT
fueconorg-5655	247	10	2017	2017	NUM
fueconorg-5655	247	11	)	)	PUNCT
fueconorg-5655	247	12	.	.	PUNCT
fueconorg-5655	248	1	adressing	adresse	VERB
fueconorg-5655	248	2	the	the	DET
fueconorg-5655	248	3	core	core	NOUN
fueconorg-5655	248	4	-	-	PUNCT
fueconorg-5655	248	5	periphery	periphery	NOUN
fueconorg-5655	248	6	imbalances	imbalance	NOUN
fueconorg-5655	248	7	in	in	ADP
fueconorg-5655	248	8	europe	europe	PROPN
fueconorg-5655	248	9	:	:	PUNCT
fueconorg-5655	248	10	resource	resource	NOUN
fueconorg-5655	248	11	misallocation	misallocation	NOUN
fueconorg-5655	248	12	and	and	CCONJ
fueconorg-5655	248	13	expansionary	expansionary	ADJ
fueconorg-5655	248	14	fiscal	fiscal	ADJ
fueconorg-5655	248	15	policies	policy	NOUN
fueconorg-5655	248	16	(	(	PUNCT
fueconorg-5655	248	17	econpol	econpol	NOUN
fueconorg-5655	248	18	working	working	PROPN
fueconorg-5655	248	19	paper	paper	PROPN
fueconorg-5655	248	20	november	november	PROPN
fueconorg-5655	248	21	volume	volume	NOUN
fueconorg-5655	248	22	1	1	NUM
fueconorg-5655	248	23	,	,	PUNCT
fueconorg-5655	248	24	06/2017	06/2017	NUM
fueconorg-5655	248	25	)	)	PUNCT
fueconorg-5655	248	26	,	,	PUNCT
fueconorg-5655	248	27	munich	munich	PROPN
fueconorg-5655	248	28	:	:	PUNCT
fueconorg-5655	248	29	european	european	ADJ
fueconorg-5655	248	30	network	network	NOUN
fueconorg-5655	248	31	for	for	ADP
fueconorg-5655	248	32	economic	economic	ADJ
fueconorg-5655	248	33	and	and	CCONJ
fueconorg-5655	248	34	fiscal	fiscal	ADJ
fueconorg-5655	248	35	policy	policy	NOUN
fueconorg-5655	248	36	research	research	NOUN
fueconorg-5655	248	37	.	.	PUNCT
fueconorg-5655	249	1	borghijs	borghijs	PROPN
fueconorg-5655	249	2	,	,	PUNCT
fueconorg-5655	249	3	a.	a.	PROPN
fueconorg-5655	249	4	,	,	PUNCT
fueconorg-5655	249	5	&	&	CCONJ
fueconorg-5655	249	6	kuijs	kuijs	PROPN
fueconorg-5655	249	7	,	,	PUNCT
fueconorg-5655	249	8	l.	l.	PROPN
fueconorg-5655	249	9	(	(	PUNCT
fueconorg-5655	249	10	2004	2004	NUM
fueconorg-5655	249	11	)	)	PUNCT
fueconorg-5655	249	12	.	.	PUNCT
fueconorg-5655	250	1	exchange	exchange	NOUN
fueconorg-5655	250	2	rates	rate	NOUN
fueconorg-5655	250	3	in	in	ADP
fueconorg-5655	250	4	central	central	ADJ
fueconorg-5655	250	5	europe	europe	PROPN
fueconorg-5655	250	6	:	:	PUNCT
fueconorg-5655	250	7	a	a	DET
fueconorg-5655	250	8	blessing	blessing	NOUN
fueconorg-5655	250	9	or	or	CCONJ
fueconorg-5655	250	10	a	a	DET
fueconorg-5655	250	11	curse	curse	NOUN
fueconorg-5655	250	12	?	?	PUNCT
fueconorg-5655	251	1	(	(	PUNCT
fueconorg-5655	251	2	imf	imf	PROPN
fueconorg-5655	251	3	working	working	PROPN
fueconorg-5655	251	4	paper	paper	PROPN
fueconorg-5655	251	5	wp/04/02	wp/04/02	PROPN
fueconorg-5655	251	6	)	)	PUNCT
fueconorg-5655	251	7	,	,	PUNCT
fueconorg-5655	251	8	washington	washington	PROPN
fueconorg-5655	251	9	,	,	PUNCT
fueconorg-5655	251	10	dc	dc	PROPN
fueconorg-5655	251	11	:	:	PUNCT
fueconorg-5655	251	12	international	international	ADJ
fueconorg-5655	251	13	monetary	monetary	ADJ
fueconorg-5655	251	14	fund	fund	PROPN
fueconorg-5655	251	15	.	.	PUNCT
fueconorg-5655	252	1	botta	botta	PROPN
fueconorg-5655	252	2	,	,	PUNCT
fueconorg-5655	252	3	a.	a.	PROPN
fueconorg-5655	252	4	,	,	PUNCT
fueconorg-5655	252	5	tippet	tippet	NOUN
fueconorg-5655	252	6	,	,	PUNCT
fueconorg-5655	252	7	b.	b.	PROPN
fueconorg-5655	252	8	,	,	PUNCT
fueconorg-5655	252	9	&	&	CCONJ
fueconorg-5655	252	10	onaran	onaran	NOUN
fueconorg-5655	252	11	,	,	PUNCT
fueconorg-5655	252	12	o.	o.	PROPN
fueconorg-5655	252	13	(	(	PUNCT
fueconorg-5655	252	14	2018	2018	NUM
fueconorg-5655	252	15	)	)	PUNCT
fueconorg-5655	252	16	.	.	PUNCT
fueconorg-5655	253	1	core	core	NOUN
fueconorg-5655	253	2	-	-	PUNCT
fueconorg-5655	253	3	periphery	periphery	NOUN
fueconorg-5655	253	4	divergence	divergence	NOUN
fueconorg-5655	253	5	and	and	CCONJ
fueconorg-5655	253	6	secular	secular	ADJ
fueconorg-5655	253	7	stagnation	stagnation	NOUN
fueconorg-5655	253	8	in	in	ADP
fueconorg-5655	253	9	the	the	DET
fueconorg-5655	253	10	eurozone	eurozone	NOUN
fueconorg-5655	253	11	–	–	PUNCT
fueconorg-5655	253	12	macroeconomic	macroeconomic	ADJ
fueconorg-5655	253	13	evidence	evidence	NOUN
fueconorg-5655	253	14	and	and	CCONJ
fueconorg-5655	253	15	policy	policy	NOUN
fueconorg-5655	253	16	proposals	proposal	NOUN
fueconorg-5655	253	17	beyond	beyond	ADP
fueconorg-5655	253	18	conventional	conventional	ADJ
fueconorg-5655	253	19	monetary	monetary	ADJ
fueconorg-5655	253	20	policy	policy	NOUN
fueconorg-5655	253	21	(	(	PUNCT
fueconorg-5655	253	22	feps	fep	NOUN
fueconorg-5655	253	23	policy	policy	NOUN
fueconorg-5655	253	24	paper	paper	NOUN
fueconorg-5655	253	25	,	,	PUNCT
fueconorg-5655	253	26	june	june	PROPN
fueconorg-5655	253	27	2018	2018	NUM
fueconorg-5655	253	28	)	)	PUNCT
fueconorg-5655	253	29	,	,	PUNCT
fueconorg-5655	253	30	brussels	brussels	PROPN
fueconorg-5655	253	31	:	:	PUNCT
fueconorg-5655	253	32	foundation	foundation	NOUN
fueconorg-5655	253	33	for	for	ADP
fueconorg-5655	253	34	european	european	ADJ
fueconorg-5655	253	35	progressive	progressive	ADJ
fueconorg-5655	253	36	studies	study	NOUN
fueconorg-5655	253	37	.	.	PUNCT
fueconorg-5655	254	1	de	de	X
fueconorg-5655	254	2	grauwe	grauwe	PROPN
fueconorg-5655	254	3	,	,	PUNCT
fueconorg-5655	254	4	p.	p.	NOUN
fueconorg-5655	254	5	(	(	PUNCT
fueconorg-5655	254	6	2009	2009	NUM
fueconorg-5655	254	7	)	)	PUNCT
fueconorg-5655	254	8	.	.	PUNCT
fueconorg-5655	255	1	the	the	DET
fueconorg-5655	255	2	euro	euro	NOUN
fueconorg-5655	255	3	at	at	ADP
fueconorg-5655	255	4	ten	ten	NUM
fueconorg-5655	255	5	:	:	PUNCT
fueconorg-5655	255	6	achievements	achievement	NOUN
fueconorg-5655	255	7	and	and	CCONJ
fueconorg-5655	255	8	challenges	challenge	NOUN
fueconorg-5655	255	9	.	.	PUNCT
fueconorg-5655	256	1	empirica	empirica	VERB
fueconorg-5655	256	2	,	,	PUNCT
fueconorg-5655	256	3	36(1	36(1	NUM
fueconorg-5655	256	4	)	)	PUNCT
fueconorg-5655	256	5	,	,	PUNCT
fueconorg-5655	256	6	5–20	5–20	PROPN
fueconorg-5655	256	7	.	.	PUNCT
fueconorg-5655	256	8	de	de	PROPN
fueconorg-5655	256	9	grauwe	grauwe	PROPN
fueconorg-5655	256	10	,	,	PUNCT
fueconorg-5655	256	11	p.	p.	NOUN
fueconorg-5655	256	12	(	(	PUNCT
fueconorg-5655	256	13	2018	2018	NUM
fueconorg-5655	256	14	)	)	PUNCT
fueconorg-5655	256	15	.	.	PUNCT
fueconorg-5655	257	1	core	core	NOUN
fueconorg-5655	257	2	-	-	PUNCT
fueconorg-5655	257	3	periphery	periphery	NOUN
fueconorg-5655	257	4	in	in	ADP
fueconorg-5655	257	5	the	the	DET
fueconorg-5655	257	6	eurozone	eurozone	NOUN
fueconorg-5655	257	7	.	.	PUNCT
fueconorg-5655	258	1	conference	conference	NOUN
fueconorg-5655	258	2	“	"	PUNCT
fueconorg-5655	258	3	the	the	DET
fueconorg-5655	258	4	future	future	NOUN
fueconorg-5655	258	5	of	of	ADP
fueconorg-5655	258	6	central	central	ADJ
fueconorg-5655	258	7	banking	banking	NOUN
fueconorg-5655	258	8	“	"	PUNCT
fueconorg-5655	258	9	in	in	ADP
fueconorg-5655	258	10	honour	honour	NOUN
fueconorg-5655	258	11	of	of	ADP
fueconorg-5655	258	12	vitor	vitor	PROPN
fueconorg-5655	258	13	constancio	constancio	PROPN
fueconorg-5655	258	14	,	,	PUNCT
fueconorg-5655	258	15	frankfurt	frankfurt	PROPN
fueconorg-5655	258	16	,	,	PUNCT
fueconorg-5655	258	17	16	16	NUM
fueconorg-5655	258	18	-	-	SYM
fueconorg-5655	258	19	17	17	NUM
fueconorg-5655	258	20	may	may	NOUN
fueconorg-5655	258	21	,	,	PUNCT
fueconorg-5655	258	22	2018	2018	NUM
fueconorg-5655	258	23	.	.	PUNCT
fueconorg-5655	259	1	40	40	NUM
fueconorg-5655	259	2	e.	e.	PROPN
fueconorg-5655	259	3	beker	beker	PROPN
fueconorg-5655	259	4	pucar	pucar	PROPN
fueconorg-5655	259	5	,	,	PUNCT
fueconorg-5655	259	6	o.	o.	PROPN
fueconorg-5655	259	7	glavańki	glavańki	PROPN
fueconorg-5655	259	8	de	de	PROPN
fueconorg-5655	259	9	larosičre	larosičre	PROPN
fueconorg-5655	259	10	,	,	PUNCT
fueconorg-5655	259	11	j.	j.	PROPN
fueconorg-5655	259	12	(	(	PUNCT
fueconorg-5655	259	13	2012	2012	NUM
fueconorg-5655	259	14	)	)	PUNCT
fueconorg-5655	259	15	.	.	PUNCT
fueconorg-5655	260	1	the	the	DET
fueconorg-5655	260	2	long	long	ADJ
fueconorg-5655	260	3	-	-	PUNCT
fueconorg-5655	260	4	term	term	NOUN
fueconorg-5655	260	5	outlook	outlook	NOUN
fueconorg-5655	260	6	for	for	ADP
fueconorg-5655	260	7	the	the	DET
fueconorg-5655	260	8	european	european	ADJ
fueconorg-5655	260	9	project	project	NOUN
fueconorg-5655	260	10	and	and	CCONJ
fueconorg-5655	260	11	the	the	DET
fueconorg-5655	260	12	single	single	ADJ
fueconorg-5655	260	13	currency	currency	NOUN
fueconorg-5655	260	14	(	(	PUNCT
fueconorg-5655	260	15	occasional	occasional	ADJ
fueconorg-5655	260	16	paper	paper	NOUN
fueconorg-5655	260	17	,	,	PUNCT
fueconorg-5655	260	18	84	84	NUM
fueconorg-5655	260	19	)	)	PUNCT
fueconorg-5655	260	20	,	,	PUNCT
fueconorg-5655	260	21	washington	washington	PROPN
fueconorg-5655	260	22	,	,	PUNCT
fueconorg-5655	260	23	d.c	d.c	PROPN
fueconorg-5655	260	24	.	.	PROPN
fueconorg-5655	260	25	:	:	PUNCT
fueconorg-5655	261	1	the	the	DET
fueconorg-5655	261	2	group	group	NOUN
fueconorg-5655	261	3	of	of	ADP
fueconorg-5655	261	4	thirty	thirty	NUM
fueconorg-5655	261	5	.	.	PUNCT
fueconorg-5655	262	1	del	del	PROPN
fueconorg-5655	262	2	hoyo	hoyo	PROPN
fueconorg-5655	262	3	,	,	PUNCT
fueconorg-5655	262	4	j.	j.	PROPN
fueconorg-5655	262	5	l.	l.	PROPN
fueconorg-5655	262	6	d.	d.	PROPN
fueconorg-5655	262	7	,	,	PUNCT
fueconorg-5655	262	8	dorrucci	dorrucci	PROPN
fueconorg-5655	262	9	,	,	PUNCT
fueconorg-5655	262	10	e.	e.	PROPN
fueconorg-5655	262	11	,	,	PUNCT
fueconorg-5655	262	12	heinz	heinz	PROPN
fueconorg-5655	262	13	,	,	PUNCT
fueconorg-5655	262	14	f.	f.	PROPN
fueconorg-5655	262	15	f.	f.	PROPN
fueconorg-5655	262	16	,	,	PUNCT
fueconorg-5655	262	17	&	&	CCONJ
fueconorg-5655	262	18	muzikarova	muzikarova	PROPN
fueconorg-5655	262	19	,	,	PUNCT
fueconorg-5655	262	20	s.	s.	PROPN
fueconorg-5655	262	21	(	(	PUNCT
fueconorg-5655	262	22	2017	2017	NUM
fueconorg-5655	262	23	)	)	PUNCT
fueconorg-5655	262	24	.	.	PUNCT
fueconorg-5655	263	1	real	real	ADJ
fueconorg-5655	263	2	convergence	convergence	NOUN
fueconorg-5655	263	3	in	in	ADP
fueconorg-5655	263	4	the	the	DET
fueconorg-5655	263	5	euro	euro	PROPN
fueconorg-5655	263	6	area	area	NOUN
fueconorg-5655	263	7	:	:	PUNCT
fueconorg-5655	263	8	a	a	DET
fueconorg-5655	263	9	long	long	ADJ
fueconorg-5655	263	10	-	-	PUNCT
fueconorg-5655	263	11	term	term	NOUN
fueconorg-5655	263	12	perspective	perspective	NOUN
fueconorg-5655	263	13	(	(	PUNCT
fueconorg-5655	263	14	ecb	ecb	PROPN
fueconorg-5655	263	15	ocassional	ocassional	ADJ
fueconorg-5655	263	16	paper	paper	NOUN
fueconorg-5655	263	17	series	series	NOUN
fueconorg-5655	263	18	,	,	PUNCT
fueconorg-5655	263	19	203	203	NUM
fueconorg-5655	263	20	)	)	PUNCT
fueconorg-5655	263	21	,	,	PUNCT
fueconorg-5655	263	22	frankfurt	frankfurt	PROPN
fueconorg-5655	263	23	:	:	PUNCT
fueconorg-5655	263	24	european	european	PROPN
fueconorg-5655	263	25	central	central	PROPN
fueconorg-5655	263	26	bank	bank	PROPN
fueconorg-5655	263	27	.	.	PUNCT
fueconorg-5655	264	1	dibooglu	dibooglu	PROPN
fueconorg-5655	264	2	,	,	PUNCT
fueconorg-5655	264	3	s.	s.	PROPN
fueconorg-5655	264	4	,	,	PUNCT
fueconorg-5655	264	5	&	&	CCONJ
fueconorg-5655	264	6	horvath	horvath	PROPN
fueconorg-5655	264	7	,	,	PUNCT
fueconorg-5655	264	8	j.	j.	PROPN
fueconorg-5655	264	9	(	(	PUNCT
fueconorg-5655	264	10	1997	1997	NUM
fueconorg-5655	264	11	)	)	PUNCT
fueconorg-5655	264	12	.	.	PUNCT
fueconorg-5655	265	1	optimum	optimum	ADJ
fueconorg-5655	265	2	currency	currency	NOUN
fueconorg-5655	265	3	areas	area	NOUN
fueconorg-5655	265	4	and	and	CCONJ
fueconorg-5655	265	5	the	the	DET
fueconorg-5655	265	6	european	european	ADJ
fueconorg-5655	265	7	monetary	monetary	ADJ
fueconorg-5655	265	8	unification	unification	NOUN
fueconorg-5655	265	9	.	.	PUNCT
fueconorg-5655	266	1	contemporary	contemporary	ADJ
fueconorg-5655	266	2	economic	economic	ADJ
fueconorg-5655	266	3	policy	policy	NOUN
fueconorg-5655	266	4	,	,	PUNCT
fueconorg-5655	266	5	15(1	15(1	NUM
fueconorg-5655	266	6	)	)	PUNCT
fueconorg-5655	266	7	,	,	PUNCT
fueconorg-5655	266	8	37–49	37–49	NUM
fueconorg-5655	266	9	.	.	PUNCT
fueconorg-5655	267	1	ehmer	ehmer	ADJ
fueconorg-5655	267	2	,	,	PUNCT
fueconorg-5655	267	3	p.	p.	NOUN
fueconorg-5655	267	4	(	(	PUNCT
fueconorg-5655	267	5	2017	2017	NUM
fueconorg-5655	267	6	)	)	PUNCT
fueconorg-5655	267	7	.	.	PUNCT
fueconorg-5655	268	1	asymmetric	asymmetric	ADJ
fueconorg-5655	268	2	within	within	ADP
fueconorg-5655	268	3	the	the	DET
fueconorg-5655	268	4	euro	euro	PROPN
fueconorg-5655	268	5	area	area	NOUN
fueconorg-5655	268	6	–	–	PUNCT
fueconorg-5655	268	7	absorption	absorption	NOUN
fueconorg-5655	268	8	mechanism	mechanism	NOUN
fueconorg-5655	268	9	needed	need	VERB
fueconorg-5655	268	10	.	.	PUNCT
fueconorg-5655	269	1	kfw	kfw	VERB
fueconorg-5655	269	2	research	research	NOUN
fueconorg-5655	269	3	economics	economic	NOUN
fueconorg-5655	269	4	in	in	ADP
fueconorg-5655	269	5	brief	brief	ADJ
fueconorg-5655	269	6	,	,	PUNCT
fueconorg-5655	269	7	137	137	NUM
fueconorg-5655	269	8	.	.	PUNCT
fueconorg-5655	270	1	eichengreen	eichengreen	PROPN
fueconorg-5655	270	2	,	,	PUNCT
fueconorg-5655	270	3	b.	b.	PROPN
fueconorg-5655	270	4	(	(	PUNCT
fueconorg-5655	270	5	1991	1991	NUM
fueconorg-5655	270	6	)	)	PUNCT
fueconorg-5655	270	7	.	.	PUNCT
fueconorg-5655	271	1	is	be	AUX
fueconorg-5655	271	2	europe	europe	PROPN
fueconorg-5655	271	3	an	an	DET
fueconorg-5655	271	4	optimal	optimal	ADJ
fueconorg-5655	271	5	currency	currency	NOUN
fueconorg-5655	271	6	area	area	NOUN
fueconorg-5655	271	7	?	?	PUNCT
fueconorg-5655	272	1	(	(	PUNCT
fueconorg-5655	272	2	nber	nber	PROPN
fueconorg-5655	272	3	working	working	PROPN
fueconorg-5655	272	4	paper	paper	NOUN
fueconorg-5655	272	5	,	,	PUNCT
fueconorg-5655	272	6	3579	3579	NUM
fueconorg-5655	272	7	)	)	PUNCT
fueconorg-5655	272	8	,	,	PUNCT
fueconorg-5655	272	9	cambridge	cambridge	PROPN
fueconorg-5655	272	10	,	,	PUNCT
fueconorg-5655	272	11	ma	ma	PROPN
fueconorg-5655	272	12	:	:	PUNCT
fueconorg-5655	272	13	the	the	DET
fueconorg-5655	272	14	national	national	PROPN
fueconorg-5655	272	15	bureau	bureau	PROPN
fueconorg-5655	272	16	of	of	ADP
fueconorg-5655	272	17	economic	economic	ADJ
fueconorg-5655	272	18	research	research	NOUN
fueconorg-5655	272	19	.	.	PUNCT
fueconorg-5655	273	1	european	european	PROPN
fueconorg-5655	273	2	council	council	PROPN
fueconorg-5655	273	3	,	,	PUNCT
fueconorg-5655	273	4	committee	committee	NOUN
fueconorg-5655	273	5	for	for	ADP
fueconorg-5655	273	6	the	the	DET
fueconorg-5655	273	7	study	study	NOUN
fueconorg-5655	273	8	of	of	ADP
fueconorg-5655	273	9	economic	economic	ADJ
fueconorg-5655	273	10	and	and	CCONJ
fueconorg-5655	273	11	monetary	monetary	ADJ
fueconorg-5655	273	12	union	union	NOUN
fueconorg-5655	273	13	.	.	PUNCT
fueconorg-5655	274	1	(	(	PUNCT
fueconorg-5655	274	2	1989	1989	NUM
fueconorg-5655	274	3	)	)	PUNCT
fueconorg-5655	274	4	.	.	PUNCT
fueconorg-5655	275	1	report	report	NOUN
fueconorg-5655	275	2	on	on	ADP
fueconorg-5655	275	3	economic	economic	ADJ
fueconorg-5655	275	4	and	and	CCONJ
fueconorg-5655	275	5	monetary	monetary	ADJ
fueconorg-5655	275	6	union	union	NOUN
fueconorg-5655	275	7	in	in	ADP
fueconorg-5655	275	8	the	the	DET
fueconorg-5655	275	9	european	european	PROPN
fueconorg-5655	275	10	community	community	PROPN
fueconorg-5655	275	11	(	(	PUNCT
fueconorg-5655	275	12	delors	delor	NOUN
fueconorg-5655	275	13	report	report	NOUN
fueconorg-5655	275	14	)	)	PUNCT
fueconorg-5655	275	15	.	.	PUNCT
fueconorg-5655	276	1	http://aei.pitt.edu/1007/1/monetary_delors.pdf	http://aei.pitt.edu/1007/1/monetary_delors.pdf	X
fueconorg-5655	276	2	feldstein	feldstein	NOUN
fueconorg-5655	276	3	,	,	PUNCT
fueconorg-5655	276	4	m.	m.	NOUN
fueconorg-5655	276	5	(	(	PUNCT
fueconorg-5655	276	6	1997	1997	NUM
fueconorg-5655	276	7	)	)	PUNCT
fueconorg-5655	276	8	.	.	PUNCT
fueconorg-5655	277	1	emu	emu	PROPN
fueconorg-5655	277	2	and	and	CCONJ
fueconorg-5655	277	3	international	international	ADJ
fueconorg-5655	277	4	conflict	conflict	NOUN
fueconorg-5655	277	5	.	.	PUNCT
fueconorg-5655	278	1	foreign	foreign	ADJ
fueconorg-5655	278	2	affairs	affair	NOUN
fueconorg-5655	278	3	nov	nov	PROPN
fueconorg-5655	278	4	-	-	PUNCT
fueconorg-5655	278	5	dec	dec	PROPN
fueconorg-5655	278	6	,	,	PUNCT
fueconorg-5655	278	7	1997	1997	NUM
fueconorg-5655	278	8	,	,	PUNCT
fueconorg-5655	278	9	60	60	NUM
fueconorg-5655	278	10	-	-	SYM
fueconorg-5655	278	11	73	73	NUM
fueconorg-5655	278	12	.	.	PUNCT
fueconorg-5655	278	13	franks	frank	NOUN
fueconorg-5655	278	14	,	,	PUNCT
fueconorg-5655	278	15	j.	j.	PROPN
fueconorg-5655	278	16	,	,	PUNCT
fueconorg-5655	278	17	barkbu	barkbu	PROPN
fueconorg-5655	278	18	,	,	PUNCT
fueconorg-5655	278	19	b.	b.	PROPN
fueconorg-5655	278	20	,	,	PUNCT
fueconorg-5655	278	21	blavy	blavy	PROPN
fueconorg-5655	278	22	,	,	PUNCT
fueconorg-5655	278	23	r.	r.	PROPN
fueconorg-5655	278	24	,	,	PUNCT
fueconorg-5655	278	25	oman	oman	PROPN
fueconorg-5655	278	26	,	,	PUNCT
fueconorg-5655	278	27	w.	w.	PROPN
fueconorg-5655	278	28	,	,	PUNCT
fueconorg-5655	278	29	&	&	CCONJ
fueconorg-5655	278	30	schoelermann	schoelermann	PROPN
fueconorg-5655	278	31	,	,	PUNCT
fueconorg-5655	278	32	h.	h.	PROPN
fueconorg-5655	278	33	(	(	PUNCT
fueconorg-5655	278	34	2018	2018	NUM
fueconorg-5655	278	35	)	)	PUNCT
fueconorg-5655	278	36	.	.	PUNCT
fueconorg-5655	279	1	economic	economic	ADJ
fueconorg-5655	279	2	convergence	convergence	NOUN
fueconorg-5655	279	3	in	in	ADP
fueconorg-5655	279	4	the	the	DET
fueconorg-5655	279	5	euro	euro	PROPN
fueconorg-5655	279	6	area	area	NOUN
fueconorg-5655	279	7	:	:	PUNCT
fueconorg-5655	279	8	coming	come	VERB
fueconorg-5655	279	9	together	together	ADV
fueconorg-5655	279	10	or	or	CCONJ
fueconorg-5655	279	11	drifting	drift	VERB
fueconorg-5655	279	12	apart	apart	ADV
fueconorg-5655	279	13	?	?	PUNCT
fueconorg-5655	280	1	(	(	PUNCT
fueconorg-5655	280	2	imf	imf	PROPN
fueconorg-5655	280	3	working	working	PROPN
fueconorg-5655	280	4	paper	paper	NOUN
fueconorg-5655	280	5	,	,	PUNCT
fueconorg-5655	280	6	wp/18/10	wp/18/10	VERB
fueconorg-5655	280	7	)	)	PUNCT
fueconorg-5655	280	8	,	,	PUNCT
fueconorg-5655	280	9	washington	washington	PROPN
fueconorg-5655	280	10	,	,	PUNCT
fueconorg-5655	280	11	dc	dc	PROPN
fueconorg-5655	280	12	:	:	PUNCT
fueconorg-5655	280	13	international	international	ADJ
fueconorg-5655	280	14	monetary	monetary	ADJ
fueconorg-5655	280	15	fund	fund	PROPN
fueconorg-5655	280	16	,	,	PUNCT
fueconorg-5655	280	17	european	european	PROPN
fueconorg-5655	280	18	department	department	PROPN
fueconorg-5655	280	19	.	.	PUNCT
fueconorg-5655	281	1	galesi	galesi	PROPN
fueconorg-5655	281	2	,	,	PUNCT
fueconorg-5655	281	3	a.	a.	PROPN
fueconorg-5655	281	4	,	,	PUNCT
fueconorg-5655	281	5	&	&	CCONJ
fueconorg-5655	281	6	lombardi	lombardi	PROPN
fueconorg-5655	281	7	,	,	PUNCT
fueconorg-5655	281	8	m.	m.	NOUN
fueconorg-5655	281	9	(	(	PUNCT
fueconorg-5655	281	10	2009	2009	NUM
fueconorg-5655	281	11	)	)	PUNCT
fueconorg-5655	281	12	.	.	PUNCT
fueconorg-5655	282	1	external	external	ADJ
fueconorg-5655	282	2	shocks	shock	NOUN
fueconorg-5655	282	3	and	and	CCONJ
fueconorg-5655	282	4	international	international	ADJ
fueconorg-5655	282	5	inflation	inflation	NOUN
fueconorg-5655	282	6	linkages	linkage	NOUN
fueconorg-5655	282	7	:	:	PUNCT
fueconorg-5655	282	8	a	a	DET
fueconorg-5655	282	9	global	global	ADJ
fueconorg-5655	282	10	var	var	NOUN
fueconorg-5655	282	11	analysis	analysis	NOUN
fueconorg-5655	282	12	(	(	PUNCT
fueconorg-5655	282	13	ecb	ecb	NOUN
fueconorg-5655	282	14	working	working	PROPN
fueconorg-5655	282	15	paper	paper	NOUN
fueconorg-5655	282	16	no	no	INTJ
fueconorg-5655	282	17	.	.	PROPN
fueconorg-5655	282	18	1062	1062	NUM
fueconorg-5655	282	19	)	)	PUNCT
fueconorg-5655	282	20	,	,	PUNCT
fueconorg-5655	282	21	frankfurt	frankfurt	PROPN
fueconorg-5655	282	22	:	:	PUNCT
fueconorg-5655	282	23	european	european	PROPN
fueconorg-5655	282	24	central	central	PROPN
fueconorg-5655	282	25	bank	bank	PROPN
fueconorg-5655	282	26	.	.	PUNCT
fueconorg-5655	283	1	ito	ito	PROPN
fueconorg-5655	283	2	,	,	PUNCT
fueconorg-5655	283	3	t.	t.	PROPN
fueconorg-5655	283	4	,	,	PUNCT
fueconorg-5655	283	5	&	&	CCONJ
fueconorg-5655	283	6	sato	sato	PROPN
fueconorg-5655	283	7	,	,	PUNCT
fueconorg-5655	283	8	k.	k.	PROPN
fueconorg-5655	283	9	(	(	PUNCT
fueconorg-5655	283	10	2006	2006	NUM
fueconorg-5655	283	11	)	)	PUNCT
fueconorg-5655	283	12	.	.	PUNCT
fueconorg-5655	284	1	exchange	exchange	NOUN
fueconorg-5655	284	2	rate	rate	NOUN
fueconorg-5655	284	3	changes	change	NOUN
fueconorg-5655	284	4	and	and	CCONJ
fueconorg-5655	284	5	inflation	inflation	NOUN
fueconorg-5655	284	6	in	in	ADP
fueconorg-5655	284	7	post	post	ADJ
fueconorg-5655	284	8	-	-	ADJ
fueconorg-5655	284	9	crisis	crisis	ADJ
fueconorg-5655	284	10	asian	asian	ADJ
fueconorg-5655	284	11	economies	economy	NOUN
fueconorg-5655	284	12	:	:	PUNCT
fueconorg-5655	284	13	var	var	VERB
fueconorg-5655	284	14	analysis	analysis	NOUN
fueconorg-5655	284	15	of	of	ADP
fueconorg-5655	284	16	the	the	DET
fueconorg-5655	284	17	exchange	exchange	NOUN
fueconorg-5655	284	18	rate	rate	NOUN
fueconorg-5655	284	19	pass	pass	NOUN
fueconorg-5655	284	20	-	-	PUNCT
fueconorg-5655	284	21	through	through	NOUN
fueconorg-5655	284	22	(	(	PUNCT
fueconorg-5655	284	23	nber	nber	PROPN
fueconorg-5655	284	24	working	working	PROPN
fueconorg-5655	284	25	paper	paper	PROPN
fueconorg-5655	284	26	12395	12395	NUM
fueconorg-5655	284	27	)	)	PUNCT
fueconorg-5655	284	28	,	,	PUNCT
fueconorg-5655	284	29	cambridge	cambridge	PROPN
fueconorg-5655	284	30	;	;	PUNCT
fueconorg-5655	284	31	ma	ma	PROPN
fueconorg-5655	284	32	:	:	PUNCT
fueconorg-5655	284	33	national	national	PROPN
fueconorg-5655	284	34	bureau	bureau	PROPN
fueconorg-5655	284	35	of	of	ADP
fueconorg-5655	284	36	economic	economic	ADJ
fueconorg-5655	284	37	research	research	NOUN
fueconorg-5655	284	38	.	.	PUNCT
fueconorg-5655	285	1	horvath	horvath	PROPN
fueconorg-5655	285	2	,	,	PUNCT
fueconorg-5655	285	3	r.	r.	PROPN
fueconorg-5655	285	4	,	,	PUNCT
fueconorg-5655	285	5	&	&	CCONJ
fueconorg-5655	285	6	komarek	komarek	PROPN
fueconorg-5655	285	7	,	,	PUNCT
fueconorg-5655	285	8	l.	l.	PROPN
fueconorg-5655	285	9	(	(	PUNCT
fueconorg-5655	285	10	2002	2002	NUM
fueconorg-5655	285	11	)	)	PUNCT
fueconorg-5655	285	12	.	.	PUNCT
fueconorg-5655	286	1	optimum	optimum	ADJ
fueconorg-5655	286	2	currency	currency	NOUN
fueconorg-5655	286	3	area	area	NOUN
fueconorg-5655	286	4	theory	theory	NOUN
fueconorg-5655	286	5	:	:	PUNCT
fueconorg-5655	286	6	an	an	DET
fueconorg-5655	286	7	approach	approach	NOUN
fueconorg-5655	286	8	for	for	ADP
fueconorg-5655	286	9	thinking	think	VERB
fueconorg-5655	286	10	about	about	ADP
fueconorg-5655	286	11	monetary	monetary	ADJ
fueconorg-5655	286	12	integration	integration	NOUN
fueconorg-5655	286	13	(	(	PUNCT
fueconorg-5655	286	14	warwick	warwick	PROPN
fueconorg-5655	286	15	economics	economics	PROPN
fueconorg-5655	286	16	research	research	NOUN
fueconorg-5655	286	17	papers	paper	NOUN
fueconorg-5655	286	18	,	,	PUNCT
fueconorg-5655	286	19	647	647	NUM
fueconorg-5655	286	20	)	)	PUNCT
fueconorg-5655	286	21	,	,	PUNCT
fueconorg-5655	286	22	the	the	DET
fueconorg-5655	286	23	coventry	coventry	NOUN
fueconorg-5655	286	24	,	,	PUNCT
fueconorg-5655	286	25	uk	uk	PROPN
fueconorg-5655	286	26	:	:	PUNCT
fueconorg-5655	286	27	university	university	PROPN
fueconorg-5655	286	28	of	of	ADP
fueconorg-5655	286	29	warwick	warwick	PROPN
fueconorg-5655	286	30	,	,	PUNCT
fueconorg-5655	286	31	department	department	NOUN
fueconorg-5655	286	32	of	of	ADP
fueconorg-5655	286	33	economics	economic	NOUN
fueconorg-5655	286	34	.	.	PUNCT
fueconorg-5655	287	1	kapuściński	kapuściński	PROPN
fueconorg-5655	287	2	,	,	PUNCT
fueconorg-5655	287	3	m.	m.	NOUN
fueconorg-5655	287	4	,	,	PUNCT
fueconorg-5655	287	5	kocięcki	kocięcki	PROPN
fueconorg-5655	287	6	,	,	PUNCT
fueconorg-5655	287	7	a.	a.	PROPN
fueconorg-5655	287	8	,	,	PUNCT
fueconorg-5655	287	9	kowalczyk	kowalczyk	PROPN
fueconorg-5655	287	10	,	,	PUNCT
fueconorg-5655	287	11	h.	h.	PROPN
fueconorg-5655	287	12	,	,	PUNCT
fueconorg-5655	287	13	łyziak	łyziak	PROPN
fueconorg-5655	287	14	,	,	PUNCT
fueconorg-5655	287	15	t.	t.	PROPN
fueconorg-5655	287	16	,	,	PUNCT
fueconorg-5655	287	17	przystupa	przystupa	NOUN
fueconorg-5655	287	18	,	,	PUNCT
fueconorg-5655	287	19	j.	j.	PROPN
fueconorg-5655	287	20	,	,	PUNCT
fueconorg-5655	287	21	stanisławska	stanisławska	ADJ
fueconorg-5655	287	22	,	,	PUNCT
fueconorg-5655	287	23	e.	e.	PROPN
fueconorg-5655	287	24	,	,	PUNCT
fueconorg-5655	287	25	sznajderska	sznajderska	PROPN
fueconorg-5655	287	26	,	,	PUNCT
fueconorg-5655	287	27	a.	a.	NOUN
fueconorg-5655	287	28	,	,	PUNCT
fueconorg-5655	287	29	&	&	CCONJ
fueconorg-5655	287	30	wróbel	wróbel	PROPN
fueconorg-5655	287	31	,	,	PUNCT
fueconorg-5655	287	32	e.	e.	PROPN
fueconorg-5655	287	33	(	(	PUNCT
fueconorg-5655	287	34	2016	2016	NUM
fueconorg-5655	287	35	)	)	PUNCT
fueconorg-5655	287	36	.	.	PUNCT
fueconorg-5655	288	1	monetary	monetary	ADJ
fueconorg-5655	288	2	policy	policy	NOUN
fueconorg-5655	288	3	transmission	transmission	NOUN
fueconorg-5655	288	4	mechanism	mechanism	NOUN
fueconorg-5655	288	5	in	in	ADP
fueconorg-5655	288	6	poland	poland	PROPN
fueconorg-5655	288	7	.	.	PUNCT
fueconorg-5655	289	1	what	what	PRON
fueconorg-5655	289	2	do	do	AUX
fueconorg-5655	289	3	we	we	PRON
fueconorg-5655	289	4	know	know	VERB
fueconorg-5655	289	5	in	in	ADP
fueconorg-5655	289	6	2015	2015	NUM
fueconorg-5655	289	7	?	?	PUNCT
fueconorg-5655	290	1	(	(	PUNCT
fueconorg-5655	290	2	nbp	nbp	PROPN
fueconorg-5655	290	3	working	working	PROPN
fueconorg-5655	290	4	papers	paper	NOUN
fueconorg-5655	290	5	249	249	NUM
fueconorg-5655	290	6	)	)	PUNCT
fueconorg-5655	290	7	,	,	PUNCT
fueconorg-5655	290	8	warszava	warszava	NOUN
fueconorg-5655	290	9	:	:	PUNCT
fueconorg-5655	290	10	national	national	PROPN
fueconorg-5655	290	11	bank	bank	PROPN
fueconorg-5655	290	12	of	of	ADP
fueconorg-5655	290	13	poland	poland	PROPN
fueconorg-5655	290	14	.	.	PUNCT
fueconorg-5655	291	1	koziara	koziara	PROPN
fueconorg-5655	291	2	,	,	PUNCT
fueconorg-5655	291	3	b.	b.	PROPN
fueconorg-5655	291	4	(	(	PUNCT
fueconorg-5655	291	5	2013	2013	NUM
fueconorg-5655	291	6	)	)	PUNCT
fueconorg-5655	291	7	.	.	PUNCT
fueconorg-5655	292	1	the	the	DET
fueconorg-5655	292	2	eurozone	eurozone	NOUN
fueconorg-5655	292	3	:	:	PUNCT
fueconorg-5655	292	4	an	an	DET
fueconorg-5655	292	5	optimal	optimal	ADJ
fueconorg-5655	292	6	currency	currency	NOUN
fueconorg-5655	292	7	area	area	NOUN
fueconorg-5655	292	8	.	.	PUNCT
fueconorg-5655	293	1	a	a	DET
fueconorg-5655	293	2	senior	senior	ADJ
fueconorg-5655	293	3	honour	honour	NOUN
fueconorg-5655	293	4	thesis	thesis	NOUN
fueconorg-5655	293	5	.	.	PUNCT
fueconorg-5655	294	1	the	the	DET
fueconorg-5655	294	2	university	university	PROPN
fueconorg-5655	294	3	of	of	ADP
fueconorg-5655	294	4	michigan	michigan	PROPN
fueconorg-5655	294	5	.	.	PUNCT
fueconorg-5655	295	1	kool	kool	PROPN
fueconorg-5655	295	2	,	,	PUNCT
fueconorg-5655	295	3	c.	c.	PROPN
fueconorg-5655	295	4	j.	j.	PROPN
fueconorg-5655	295	5	m.	m.	PROPN
fueconorg-5655	295	6	(	(	PUNCT
fueconorg-5655	295	7	2005	2005	NUM
fueconorg-5655	295	8	)	)	PUNCT
fueconorg-5655	295	9	.	.	PUNCT
fueconorg-5655	296	1	what	what	PRON
fueconorg-5655	296	2	drives	drive	VERB
fueconorg-5655	296	3	ecb	ecb	PROPN
fueconorg-5655	296	4	monetary	monetary	ADJ
fueconorg-5655	296	5	policy	policy	NOUN
fueconorg-5655	296	6	?	?	PUNCT
fueconorg-5655	297	1	(	(	PUNCT
fueconorg-5655	297	2	tjalling	tjalle	VERB
fueconorg-5655	297	3	c.	c.	PROPN
fueconorg-5655	297	4	koopmans	koopmans	PROPN
fueconorg-5655	297	5	research	research	PROPN
fueconorg-5655	297	6	institute	institute	PROPN
fueconorg-5655	297	7	discussion	discussion	PROPN
fueconorg-5655	297	8	paper	paper	NOUN
fueconorg-5655	297	9	series	series	NOUN
fueconorg-5655	297	10	,	,	PUNCT
fueconorg-5655	297	11	05	05	NUM
fueconorg-5655	297	12	-	-	SYM
fueconorg-5655	297	13	03	03	NUM
fueconorg-5655	297	14	)	)	PUNCT
fueconorg-5655	297	15	,	,	PUNCT
fueconorg-5655	297	16	utrecht	utrecht	PROPN
fueconorg-5655	297	17	,	,	PUNCT
fueconorg-5655	297	18	the	the	DET
fueconorg-5655	297	19	netherlands	netherlands	PROPN
fueconorg-5655	297	20	:	:	PUNCT
fueconorg-5655	297	21	utrecht	utrecht	PROPN
fueconorg-5655	297	22	school	school	PROPN
fueconorg-5655	297	23	of	of	ADP
fueconorg-5655	297	24	economics	economic	NOUN
fueconorg-5655	297	25	,	,	PUNCT
fueconorg-5655	297	26	untrecht	untrecht	PROPN
fueconorg-5655	297	27	university	university	NOUN
fueconorg-5655	297	28	.	.	PUNCT
fueconorg-5655	298	1	lapavitsas	lapavitsas	PROPN
fueconorg-5655	298	2	,	,	PUNCT
fueconorg-5655	298	3	c.	c.	NOUN
fueconorg-5655	298	4	,	,	PUNCT
fueconorg-5655	298	5	kaltenbrunner	kaltenbrunner	NOUN
fueconorg-5655	298	6	,	,	PUNCT
fueconorg-5655	298	7	a.	a.	NOUN
fueconorg-5655	298	8	,	,	PUNCT
fueconorg-5655	298	9	lindo	lindo	PROPN
fueconorg-5655	298	10	,	,	PUNCT
fueconorg-5655	298	11	d.	d.	PROPN
fueconorg-5655	298	12	,	,	PUNCT
fueconorg-5655	298	13	michell	michell	PROPN
fueconorg-5655	298	14	,	,	PUNCT
fueconorg-5655	298	15	j.	j.	PROPN
fueconorg-5655	298	16	,	,	PUNCT
fueconorg-5655	298	17	painceira	painceira	PROPN
fueconorg-5655	298	18	,	,	PUNCT
fueconorg-5655	298	19	j.p	j.p	PROPN
fueconorg-5655	298	20	.	.	PROPN
fueconorg-5655	298	21	,	,	PUNCT
fueconorg-5655	298	22	pires	pire	NOUN
fueconorg-5655	298	23	,	,	PUNCT
fueconorg-5655	298	24	e.	e.	PROPN
fueconorg-5655	298	25	,	,	PUNCT
fueconorg-5655	298	26	powell	powell	PROPN
fueconorg-5655	298	27	,	,	PUNCT
fueconorg-5655	298	28	j.	j.	PROPN
fueconorg-5655	298	29	,	,	PUNCT
fueconorg-5655	298	30	stenfors	stenfor	NOUN
fueconorg-5655	298	31	,	,	PUNCT
fueconorg-5655	298	32	a.	a.	NOUN
fueconorg-5655	298	33	,	,	PUNCT
fueconorg-5655	298	34	&	&	CCONJ
fueconorg-5655	298	35	teles	tele	NOUN
fueconorg-5655	298	36	,	,	PUNCT
fueconorg-5655	298	37	n.	n.	NOUN
fueconorg-5655	298	38	(	(	PUNCT
fueconorg-5655	298	39	2010	2010	NUM
fueconorg-5655	298	40	)	)	PUNCT
fueconorg-5655	298	41	.	.	PUNCT
fueconorg-5655	299	1	eurozone	eurozone	NOUN
fueconorg-5655	299	2	crisis	crisis	NOUN
fueconorg-5655	299	3	:	:	PUNCT
fueconorg-5655	299	4	beggar	beggar	PROPN
fueconorg-5655	299	5	thyself	thyself	PRON
fueconorg-5655	299	6	and	and	CCONJ
fueconorg-5655	299	7	thy	thy	PRON
fueconorg-5655	299	8	neighbour	neighbour	PROPN
fueconorg-5655	299	9	.	.	PUNCT
fueconorg-5655	300	1	journal	journal	PROPN
fueconorg-5655	300	2	of	of	ADP
fueconorg-5655	300	3	balkan	balkan	PROPN
fueconorg-5655	300	4	and	and	CCONJ
fueconorg-5655	300	5	near	near	ADP
fueconorg-5655	300	6	eastern	eastern	ADJ
fueconorg-5655	300	7	studies	study	NOUN
fueconorg-5655	300	8	,	,	PUNCT
fueconorg-5655	300	9	12(4	12(4	NUM
fueconorg-5655	300	10	)	)	PUNCT
fueconorg-5655	300	11	,	,	PUNCT
fueconorg-5655	300	12	321	321	NUM
fueconorg-5655	300	13	-	-	SYM
fueconorg-5655	300	14	373	373	NUM
fueconorg-5655	300	15	.	.	PUNCT
fueconorg-5655	301	1	micossi	micossi	PROPN
fueconorg-5655	301	2	,	,	PUNCT
fueconorg-5655	301	3	s.	s.	PROPN
fueconorg-5655	301	4	(	(	PUNCT
fueconorg-5655	301	5	2015	2015	NUM
fueconorg-5655	301	6	)	)	PUNCT
fueconorg-5655	301	7	.	.	PUNCT
fueconorg-5655	302	1	the	the	DET
fueconorg-5655	302	2	monetary	monetary	ADJ
fueconorg-5655	302	3	policy	policy	NOUN
fueconorg-5655	302	4	of	of	ADP
fueconorg-5655	302	5	the	the	DET
fueconorg-5655	302	6	european	european	PROPN
fueconorg-5655	302	7	central	central	PROPN
fueconorg-5655	302	8	bank	bank	PROPN
fueconorg-5655	302	9	.	.	PUNCT
fueconorg-5655	303	1	ceps	ceps	PROPN
fueconorg-5655	303	2	special	special	ADJ
fueconorg-5655	303	3	report	report	PROPN
fueconorg-5655	303	4	no	no	INTJ
fueconorg-5655	303	5	.	.	PROPN
fueconorg-5655	304	1	109	109	NUM
fueconorg-5655	304	2	.	.	PUNCT
fueconorg-5655	304	3	mundell	mundell	PROPN
fueconorg-5655	304	4	,	,	PUNCT
fueconorg-5655	304	5	r.	r.	PROPN
fueconorg-5655	304	6	a.	a.	PROPN
fueconorg-5655	304	7	(	(	PUNCT
fueconorg-5655	304	8	1961	1961	NUM
fueconorg-5655	304	9	)	)	PUNCT
fueconorg-5655	304	10	.	.	PUNCT
fueconorg-5655	305	1	a	a	DET
fueconorg-5655	305	2	theory	theory	NOUN
fueconorg-5655	305	3	of	of	ADP
fueconorg-5655	305	4	optimum	optimum	ADJ
fueconorg-5655	305	5	currency	currency	NOUN
fueconorg-5655	305	6	areas	area	NOUN
fueconorg-5655	305	7	.	.	PUNCT
fueconorg-5655	306	1	the	the	DET
fueconorg-5655	306	2	american	american	PROPN
fueconorg-5655	306	3	economic	economic	PROPN
fueconorg-5655	306	4	review	review	PROPN
fueconorg-5655	306	5	,	,	PUNCT
fueconorg-5655	306	6	51(4	51(4	NUM
fueconorg-5655	306	7	)	)	PUNCT
fueconorg-5655	306	8	,	,	PUNCT
fueconorg-5655	306	9	657	657	NUM
fueconorg-5655	306	10	-	-	SYM
fueconorg-5655	306	11	665	665	NUM
fueconorg-5655	306	12	.	.	PUNCT
fueconorg-5655	307	1	petrova	petrova	PROPN
fueconorg-5655	307	2	,	,	PUNCT
fueconorg-5655	307	3	t.	t.	PROPN
fueconorg-5655	307	4	d.	d.	PROPN
fueconorg-5655	307	5	(	(	PUNCT
fueconorg-5655	307	6	2010	2010	NUM
fueconorg-5655	307	7	)	)	PUNCT
fueconorg-5655	307	8	.	.	PUNCT
fueconorg-5655	308	1	how	how	SCONJ
fueconorg-5655	308	2	european	european	ADJ
fueconorg-5655	308	3	is	be	AUX
fueconorg-5655	308	4	the	the	DET
fueconorg-5655	308	5	european	european	PROPN
fueconorg-5655	308	6	central	central	PROPN
fueconorg-5655	308	7	bank	bank	PROPN
fueconorg-5655	308	8	's	's	PART
fueconorg-5655	308	9	monetary	monetary	ADJ
fueconorg-5655	308	10	policy	policy	NOUN
fueconorg-5655	308	11	?	?	PUNCT
fueconorg-5655	309	1	estimating	estimate	VERB
fueconorg-5655	309	2	the	the	DET
fueconorg-5655	309	3	differential	differential	ADJ
fueconorg-5655	309	4	impact	impact	NOUN
fueconorg-5655	309	5	of	of	ADP
fueconorg-5655	309	6	the	the	DET
fueconorg-5655	309	7	ecb	ecb	NOUN
fueconorg-5655	309	8	's	's	PART
fueconorg-5655	309	9	interest	interest	NOUN
fueconorg-5655	309	10	rate	rate	NOUN
fueconorg-5655	309	11	policy	policy	NOUN
fueconorg-5655	309	12	on	on	ADP
fueconorg-5655	309	13	the	the	DET
fueconorg-5655	309	14	eurozone	eurozone	NOUN
fueconorg-5655	309	15	states	state	NOUN
fueconorg-5655	309	16	.	.	PUNCT
fueconorg-5655	310	1	(	(	PUNCT
fueconorg-5655	310	2	honors	honor	NOUN
fueconorg-5655	310	3	projects	project	VERB
fueconorg-5655	310	4	paper	paper	NOUN
fueconorg-5655	310	5	,	,	PUNCT
fueconorg-5655	310	6	109	109	NUM
fueconorg-5655	310	7	)	)	PUNCT
fueconorg-5655	310	8	,	,	PUNCT
fueconorg-5655	310	9	bloomington	bloomington	PROPN
fueconorg-5655	310	10	:	:	PUNCT
fueconorg-5655	310	11	illinois	illinois	PROPN
fueconorg-5655	310	12	wesleyan	wesleyan	PROPN
fueconorg-5655	310	13	university	university	PROPN
fueconorg-5655	310	14	.	.	PUNCT
fueconorg-5655	311	1	pierluigi	pierluigi	PROPN
fueconorg-5655	311	2	,	,	PUNCT
fueconorg-5655	311	3	b.	b.	PROPN
fueconorg-5655	311	4	,	,	PUNCT
fueconorg-5655	311	5	&	&	CCONJ
fueconorg-5655	311	6	sondermann	sondermann	PROPN
fueconorg-5655	311	7	,	,	PUNCT
fueconorg-5655	311	8	d.	d.	PROPN
fueconorg-5655	311	9	(	(	PUNCT
fueconorg-5655	311	10	2018	2018	NUM
fueconorg-5655	311	11	)	)	PUNCT
fueconorg-5655	311	12	.	.	PUNCT
fueconorg-5655	312	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	312	2	imbalances	imbalance	NOUN
fueconorg-5655	312	3	in	in	ADP
fueconorg-5655	312	4	the	the	DET
fueconorg-5655	312	5	euro	euro	PROPN
fueconorg-5655	312	6	area	area	NOUN
fueconorg-5655	312	7	:	:	PUNCT
fueconorg-5655	312	8	where	where	SCONJ
fueconorg-5655	312	9	do	do	AUX
fueconorg-5655	312	10	we	we	PRON
fueconorg-5655	312	11	stand	stand	VERB
fueconorg-5655	312	12	?	?	PUNCT
fueconorg-5655	313	1	(	(	PUNCT
fueconorg-5655	313	2	ecb	ecb	PROPN
fueconorg-5655	313	3	occasional	occasional	ADJ
fueconorg-5655	313	4	paper	paper	NOUN
fueconorg-5655	313	5	,	,	PUNCT
fueconorg-5655	313	6	211	211	NUM
fueconorg-5655	313	7	)	)	PUNCT
fueconorg-5655	313	8	,	,	PUNCT
fueconorg-5655	313	9	frankfurt	frankfurt	PROPN
fueconorg-5655	313	10	:	:	PUNCT
fueconorg-5655	313	11	european	european	PROPN
fueconorg-5655	313	12	central	central	PROPN
fueconorg-5655	313	13	bank	bank	PROPN
fueconorg-5655	313	14	.	.	PUNCT
fueconorg-5655	314	1	polito	polito	PROPN
fueconorg-5655	314	2	,	,	PUNCT
fueconorg-5655	314	3	v.	v.	PROPN
fueconorg-5655	314	4	,	,	PUNCT
fueconorg-5655	314	5	&	&	CCONJ
fueconorg-5655	314	6	wickens	wicken	NOUN
fueconorg-5655	314	7	,	,	PUNCT
fueconorg-5655	314	8	m.	m.	NOUN
fueconorg-5655	314	9	(	(	PUNCT
fueconorg-5655	314	10	2012	2012	NUM
fueconorg-5655	314	11	)	)	PUNCT
fueconorg-5655	314	12	.	.	PUNCT
fueconorg-5655	315	1	optimal	optimal	ADJ
fueconorg-5655	315	2	monetary	monetary	ADJ
fueconorg-5655	315	3	policy	policy	NOUN
fueconorg-5655	315	4	using	use	VERB
fueconorg-5655	315	5	an	an	DET
fueconorg-5655	315	6	unrestricted	unrestricted	ADJ
fueconorg-5655	315	7	var	var	NOUN
fueconorg-5655	315	8	.	.	PUNCT
fueconorg-5655	316	1	journal	journal	PROPN
fueconorg-5655	316	2	of	of	ADP
fueconorg-5655	316	3	applied	applied	ADJ
fueconorg-5655	316	4	econometrics	econometric	NOUN
fueconorg-5655	316	5	,	,	PUNCT
fueconorg-5655	316	6	27	27	NUM
fueconorg-5655	316	7	,	,	PUNCT
fueconorg-5655	316	8	525	525	NUM
fueconorg-5655	316	9	-	-	SYM
fueconorg-5655	316	10	553	553	NUM
fueconorg-5655	316	11	.	.	PUNCT
fueconorg-5655	317	1	ricci	ricci	PROPN
fueconorg-5655	317	2	,	,	PUNCT
fueconorg-5655	317	3	l.	l.	PROPN
fueconorg-5655	317	4	a.	a.	PROPN
fueconorg-5655	317	5	(	(	PUNCT
fueconorg-5655	317	6	1997	1997	NUM
fueconorg-5655	317	7	)	)	PUNCT
fueconorg-5655	317	8	.	.	PUNCT
fueconorg-5655	318	1	a	a	DET
fueconorg-5655	318	2	model	model	NOUN
fueconorg-5655	318	3	of	of	ADP
fueconorg-5655	318	4	an	an	DET
fueconorg-5655	318	5	optimum	optimum	ADJ
fueconorg-5655	318	6	currency	currency	NOUN
fueconorg-5655	318	7	area	area	NOUN
fueconorg-5655	318	8	(	(	PUNCT
fueconorg-5655	318	9	imf	imf	PROPN
fueconorg-5655	318	10	working	working	PROPN
fueconorg-5655	318	11	paper	paper	NOUN
fueconorg-5655	318	12	,	,	PUNCT
fueconorg-5655	318	13	97/76	97/76	NUM
fueconorg-5655	318	14	)	)	PUNCT
fueconorg-5655	318	15	,	,	PUNCT
fueconorg-5655	318	16	washington	washington	PROPN
fueconorg-5655	318	17	,	,	PUNCT
fueconorg-5655	318	18	dc	dc	PROPN
fueconorg-5655	318	19	:	:	PUNCT
fueconorg-5655	318	20	international	international	ADJ
fueconorg-5655	318	21	monetary	monetary	ADJ
fueconorg-5655	318	22	fund	fund	PROPN
fueconorg-5655	318	23	.	.	PUNCT
fueconorg-5655	319	1	rose	rise	VERB
fueconorg-5655	319	2	,	,	PUNCT
fueconorg-5655	319	3	a.	a.	PROPN
fueconorg-5655	319	4	k.	k.	PROPN
fueconorg-5655	319	5	(	(	PUNCT
fueconorg-5655	319	6	2008	2008	NUM
fueconorg-5655	319	7	)	)	PUNCT
fueconorg-5655	319	8	.	.	PUNCT
fueconorg-5655	320	1	is	be	AUX
fueconorg-5655	320	2	emu	emu	PROPN
fueconorg-5655	320	3	becoming	become	VERB
fueconorg-5655	320	4	an	an	DET
fueconorg-5655	320	5	optimum	optimum	ADJ
fueconorg-5655	320	6	currency	currency	NOUN
fueconorg-5655	320	7	area	area	NOUN
fueconorg-5655	320	8	?	?	PUNCT
fueconorg-5655	321	1	the	the	DET
fueconorg-5655	321	2	evidence	evidence	NOUN
fueconorg-5655	321	3	on	on	ADP
fueconorg-5655	321	4	trade	trade	NOUN
fueconorg-5655	321	5	and	and	CCONJ
fueconorg-5655	321	6	business	business	NOUN
fueconorg-5655	321	7	cycle	cycle	NOUN
fueconorg-5655	321	8	synchronization	synchronization	NOUN
fueconorg-5655	321	9	.	.	PUNCT
fueconorg-5655	322	1	berkeley	berkeley	PROPN
fueconorg-5655	322	2	:	:	PUNCT
fueconorg-5655	322	3	university	university	NOUN
fueconorg-5655	322	4	of	of	ADP
fueconorg-5655	322	5	california	california	PROPN
fueconorg-5655	322	6	.	.	PUNCT
fueconorg-5655	323	1	salvatore	salvatore	PROPN
fueconorg-5655	323	2	,	,	PUNCT
fueconorg-5655	323	3	d.	d.	PROPN
fueconorg-5655	323	4	(	(	PUNCT
fueconorg-5655	323	5	2002	2002	NUM
fueconorg-5655	323	6	)	)	PUNCT
fueconorg-5655	323	7	.	.	PUNCT
fueconorg-5655	324	1	euro	euro	PROPN
fueconorg-5655	324	2	,	,	PUNCT
fueconorg-5655	324	3	the	the	DET
fueconorg-5655	324	4	european	european	PROPN
fueconorg-5655	324	5	central	central	PROPN
fueconorg-5655	324	6	bank	bank	NOUN
fueconorg-5655	324	7	,	,	PUNCT
fueconorg-5655	324	8	and	and	CCONJ
fueconorg-5655	324	9	the	the	DET
fueconorg-5655	324	10	international	international	ADJ
fueconorg-5655	324	11	monetary	monetary	ADJ
fueconorg-5655	324	12	system	system	NOUN
fueconorg-5655	324	13	.	.	PUNCT
fueconorg-5655	325	1	annals	annal	NOUN
fueconorg-5655	325	2	of	of	ADP
fueconorg-5655	325	3	the	the	DET
fueconorg-5655	325	4	american	american	PROPN
fueconorg-5655	325	5	academy	academy	PROPN
fueconorg-5655	325	6	of	of	ADP
fueconorg-5655	325	7	political	political	ADJ
fueconorg-5655	325	8	and	and	CCONJ
fueconorg-5655	325	9	social	social	ADJ
fueconorg-5655	325	10	science	science	NOUN
fueconorg-5655	325	11	exchange	exchange	NOUN
fueconorg-5655	325	12	rate	rate	NOUN
fueconorg-5655	325	13	regimes	regime	NOUN
fueconorg-5655	325	14	and	and	CCONJ
fueconorg-5655	325	15	capital	capital	NOUN
fueconorg-5655	325	16	flows	flow	NOUN
fueconorg-5655	325	17	,	,	PUNCT
fueconorg-5655	325	18	579	579	NUM
fueconorg-5655	325	19	,	,	PUNCT
fueconorg-5655	325	20	153	153	NUM
fueconorg-5655	325	21	-	-	SYM
fueconorg-5655	325	22	167	167	NUM
fueconorg-5655	325	23	.	.	PUNCT
fueconorg-5655	326	1	schiliro	schiliro	PROPN
fueconorg-5655	326	2	,	,	PUNCT
fueconorg-5655	326	3	d.	d.	PROPN
fueconorg-5655	326	4	(	(	PUNCT
fueconorg-5655	326	5	2017	2017	NUM
fueconorg-5655	326	6	)	)	PUNCT
fueconorg-5655	326	7	.	.	PUNCT
fueconorg-5655	327	1	imbalances	imbalance	NOUN
fueconorg-5655	327	2	and	and	CCONJ
fueconorg-5655	327	3	policies	policy	NOUN
fueconorg-5655	327	4	in	in	ADP
fueconorg-5655	327	5	the	the	DET
fueconorg-5655	327	6	eurozone	eurozone	NOUN
fueconorg-5655	327	7	(	(	PUNCT
fueconorg-5655	327	8	mpra	mpra	PROPN
fueconorg-5655	327	9	working	working	PROPN
fueconorg-5655	327	10	paper	paper	NOUN
fueconorg-5655	327	11	,	,	PUNCT
fueconorg-5655	327	12	82847	82847	NUM
fueconorg-5655	327	13	)	)	PUNCT
fueconorg-5655	327	14	,	,	PUNCT
fueconorg-5655	327	15	munich	munich	PROPN
fueconorg-5655	327	16	:	:	PUNCT
fueconorg-5655	327	17	munich	munich	PROPN
fueconorg-5655	327	18	personal	personal	PROPN
fueconorg-5655	327	19	repec	repec	PROPN
fueconorg-5655	327	20	archive	archive	PROPN
fueconorg-5655	327	21	.	.	PUNCT
fueconorg-5655	328	1	serwa	serwa	NOUN
fueconorg-5655	328	2	,	,	PUNCT
fueconorg-5655	328	3	d.	d.	PROPN
fueconorg-5655	328	4	&	&	CCONJ
fueconorg-5655	328	5	wdowiński	wdowiński	PROPN
fueconorg-5655	328	6	,	,	PUNCT
fueconorg-5655	328	7	p.	p.	NOUN
fueconorg-5655	328	8	(	(	PUNCT
fueconorg-5655	328	9	2016	2016	NUM
fueconorg-5655	328	10	)	)	PUNCT
fueconorg-5655	328	11	.	.	PUNCT
fueconorg-5655	329	1	macro	macro	ADJ
fueconorg-5655	329	2	-	-	ADJ
fueconorg-5655	329	3	financial	financial	ADJ
fueconorg-5655	329	4	linkages	linkage	NOUN
fueconorg-5655	329	5	in	in	ADP
fueconorg-5655	329	6	the	the	DET
fueconorg-5655	329	7	polish	polish	ADJ
fueconorg-5655	329	8	economy	economy	NOUN
fueconorg-5655	329	9	:	:	PUNCT
fueconorg-5655	329	10	combined	combine	VERB
fueconorg-5655	329	11	impulseresponse	impulseresponse	NOUN
fueconorg-5655	329	12	functions	function	NOUN
fueconorg-5655	329	13	in	in	ADP
fueconorg-5655	329	14	svar	svar	PROPN
fueconorg-5655	329	15	models	model	NOUN
fueconorg-5655	329	16	(	(	PUNCT
fueconorg-5655	329	17	nbp	nbp	PROPN
fueconorg-5655	329	18	,	,	PUNCT
fueconorg-5655	329	19	working	work	VERB
fueconorg-5655	329	20	papers	paper	NOUN
fueconorg-5655	329	21	246	246	NUM
fueconorg-5655	329	22	)	)	PUNCT
fueconorg-5655	329	23	,	,	PUNCT
fueconorg-5655	329	24	warszawa	warszawa	PROPN
fueconorg-5655	329	25	:	:	PUNCT
fueconorg-5655	329	26	national	national	PROPN
fueconorg-5655	329	27	bank	bank	PROPN
fueconorg-5655	329	28	of	of	ADP
fueconorg-5655	329	29	poland	poland	PROPN
fueconorg-5655	329	30	.	.	PUNCT
fueconorg-5655	330	1	sklias	sklias	PROPN
fueconorg-5655	330	2	,	,	PUNCT
fueconorg-5655	330	3	p.	p.	PROPN
fueconorg-5655	330	4	,	,	PUNCT
fueconorg-5655	330	5	&	&	CCONJ
fueconorg-5655	330	6	maris	maris	PROPN
fueconorg-5655	330	7	,	,	PUNCT
fueconorg-5655	330	8	g.	g.	PROPN
fueconorg-5655	330	9	(	(	PUNCT
fueconorg-5655	330	10	2012	2012	NUM
fueconorg-5655	330	11	)	)	PUNCT
fueconorg-5655	330	12	.	.	PUNCT
fueconorg-5655	331	1	reassessment	reassessment	NOUN
fueconorg-5655	331	2	of	of	ADP
fueconorg-5655	331	3	the	the	DET
fueconorg-5655	331	4	oca	oca	NOUN
fueconorg-5655	331	5	criteria	criterion	NOUN
fueconorg-5655	331	6	in	in	ADP
fueconorg-5655	331	7	the	the	DET
fueconorg-5655	331	8	euro	euro	PROPN
fueconorg-5655	331	9	area	area	NOUN
fueconorg-5655	331	10	:	:	PUNCT
fueconorg-5655	331	11	the	the	DET
fueconorg-5655	331	12	case	case	NOUN
fueconorg-5655	331	13	of	of	ADP
fueconorg-5655	331	14	greece	greece	PROPN
fueconorg-5655	331	15	.	.	PUNCT
fueconorg-5655	332	1	int	int	PROPN
fueconorg-5655	332	2	.	.	PUNCT
fueconorg-5655	333	1	j.	j.	PROPN
fueconorg-5655	333	2	monetary	monetary	ADJ
fueconorg-5655	333	3	economics	economic	NOUN
fueconorg-5655	333	4	and	and	CCONJ
fueconorg-5655	333	5	finance	finance	NOUN
fueconorg-5655	333	6	,	,	PUNCT
fueconorg-5655	333	7	5(2	5(2	NUM
fueconorg-5655	333	8	)	)	PUNCT
fueconorg-5655	333	9	,	,	PUNCT
fueconorg-5655	333	10	124	124	NUM
fueconorg-5655	333	11	-	-	SYM
fueconorg-5655	333	12	138	138	NUM
fueconorg-5655	333	13	.	.	PUNCT
fueconorg-5655	334	1	torben	torben	PROPN
fueconorg-5655	334	2	w.	w.	PROPN
fueconorg-5655	334	3	h.	h.	PROPN
fueconorg-5655	334	4	,	,	PUNCT
fueconorg-5655	334	5	torben	torben	PROPN
fueconorg-5655	334	6	w.	w.	PROPN
fueconorg-5655	334	7	,	,	PUNCT
fueconorg-5655	334	8	&	&	CCONJ
fueconorg-5655	334	9	kempa	kempa	PROPN
fueconorg-5655	334	10	,	,	PUNCT
fueconorg-5655	334	11	b.	b.	PROPN
fueconorg-5655	334	12	(	(	PUNCT
fueconorg-5655	334	13	2008	2008	NUM
fueconorg-5655	334	14	)	)	PUNCT
fueconorg-5655	334	15	.	.	PUNCT
fueconorg-5655	335	1	asymmetric	asymmetric	ADJ
fueconorg-5655	335	2	transmission	transmission	NOUN
fueconorg-5655	335	3	of	of	ADP
fueconorg-5655	335	4	monetary	monetary	ADJ
fueconorg-5655	335	5	policy	policy	NOUN
fueconorg-5655	335	6	in	in	ADP
fueconorg-5655	335	7	europe	europe	PROPN
fueconorg-5655	335	8	:	:	PUNCT
fueconorg-5655	335	9	a	a	DET
fueconorg-5655	335	10	markov	markov	NOUN
fueconorg-5655	335	11	-	-	PUNCT
fueconorg-5655	335	12	switching	switch	VERB
fueconorg-5655	335	13	approach	approach	NOUN
fueconorg-5655	335	14	.	.	PUNCT
fueconorg-5655	336	1	journal	journal	NOUN
fueconorg-5655	336	2	of	of	ADP
fueconorg-5655	336	3	economic	economic	ADJ
fueconorg-5655	336	4	integration	integration	NOUN
fueconorg-5655	336	5	,	,	PUNCT
fueconorg-5655	336	6	23(4	23(4	NOUN
fueconorg-5655	336	7	)	)	PUNCT
fueconorg-5655	336	8	,	,	PUNCT
fueconorg-5655	336	9	873	873	NUM
fueconorg-5655	336	10	-	-	SYM
fueconorg-5655	336	11	895	895	NUM
fueconorg-5655	336	12	.	.	PUNCT
fueconorg-5655	337	1	macroeconomic	macroeconomic	ADJ
fueconorg-5655	337	2	divergences	divergence	NOUN
fueconorg-5655	337	3	and	and	CCONJ
fueconorg-5655	337	4	asymmetric	asymmetric	ADJ
fueconorg-5655	337	5	resonses	resonse	NOUN
fueconorg-5655	337	6	within	within	ADP
fueconorg-5655	337	7	the	the	DET
fueconorg-5655	337	8	euro	euro	NOUN
fueconorg-5655	337	9	-	-	PUNCT
fueconorg-5655	337	10	zone	zone	NOUN
fueconorg-5655	337	11	41	41	NUM
fueconorg-5655	337	12	verdun	verdun	PROPN
fueconorg-5655	337	13	,	,	PUNCT
fueconorg-5655	337	14	a.	a.	NOUN
fueconorg-5655	337	15	(	(	PUNCT
fueconorg-5655	337	16	2007	2007	NUM
fueconorg-5655	337	17	)	)	PUNCT
fueconorg-5655	337	18	.	.	PUNCT
fueconorg-5655	338	1	economic	economic	ADJ
fueconorg-5655	338	2	and	and	CCONJ
fueconorg-5655	338	3	monetary	monetary	ADJ
fueconorg-5655	338	4	union	union	NOUN
fueconorg-5655	338	5	.	.	PUNCT
fueconorg-5655	339	1	in	in	ADP
fueconorg-5655	339	2	:	:	PUNCT
fueconorg-5655	339	3	cini	cini	PROPN
fueconorg-5655	339	4	,	,	PUNCT
fueconorg-5655	339	5	m.	m.	NOUN
fueconorg-5655	339	6	(	(	PUNCT
fueconorg-5655	339	7	ed	ed	NOUN
fueconorg-5655	339	8	)	)	PUNCT
fueconorg-5655	339	9	,	,	PUNCT
fueconorg-5655	339	10	european	european	PROPN
fueconorg-5655	339	11	union	union	PROPN
fueconorg-5655	339	12	politics	politic	NOUN
fueconorg-5655	339	13	(	(	PUNCT
fueconorg-5655	339	14	pp	pp	ADJ
fueconorg-5655	339	15	.	.	PUNCT
fueconorg-5655	340	1	324–339	324–339	NUM
fueconorg-5655	340	2	)	)	PUNCT
fueconorg-5655	340	3	.	.	PUNCT
fueconorg-5655	341	1	oxford	oxford	NOUN
fueconorg-5655	341	2	:	:	PUNCT
fueconorg-5655	341	3	oxford	oxford	PROPN
fueconorg-5655	341	4	university	university	PROPN
fueconorg-5655	341	5	press	press	NOUN
fueconorg-5655	341	6	.	.	PUNCT
fueconorg-5655	342	1	vrňáková	vrňáková	PROPN
fueconorg-5655	342	2	,	,	PUNCT
fueconorg-5655	342	3	i.	i.	PROPN
fueconorg-5655	342	4	,	,	PUNCT
fueconorg-5655	342	5	&	&	CCONJ
fueconorg-5655	342	6	bartuńková	bartuńková	PROPN
fueconorg-5655	342	7	,	,	PUNCT
fueconorg-5655	342	8	h.	h.	PROPN
fueconorg-5655	342	9	(	(	PUNCT
fueconorg-5655	342	10	2013	2013	NUM
fueconorg-5655	342	11	)	)	PUNCT
fueconorg-5655	342	12	.	.	PUNCT
fueconorg-5655	343	1	is	be	AUX
fueconorg-5655	343	2	euro	euro	PROPN
fueconorg-5655	343	3	area	area	NOUN
fueconorg-5655	343	4	an	an	DET
fueconorg-5655	343	5	optimal	optimal	ADJ
fueconorg-5655	343	6	currency	currency	NOUN
fueconorg-5655	343	7	area	area	NOUN
fueconorg-5655	343	8	and	and	CCONJ
fueconorg-5655	343	9	what	what	DET
fueconorg-5655	343	10	barriers	barrier	NOUN
fueconorg-5655	343	11	could	could	AUX
fueconorg-5655	343	12	obstruct	obstruct	VERB
fueconorg-5655	343	13	its	its	PRON
fueconorg-5655	343	14	future	future	ADJ
fueconorg-5655	343	15	development	development	NOUN
fueconorg-5655	343	16	?	?	PUNCT
fueconorg-5655	344	1	acta	acta	PROPN
fueconorg-5655	344	2	všps	všps	PROPN
fueconorg-5655	344	3	,	,	PUNCT
fueconorg-5655	344	4	2(7	2(7	NUM
fueconorg-5655	344	5	)	)	PUNCT
fueconorg-5655	344	6	,	,	PUNCT
fueconorg-5655	344	7	123	123	NUM
fueconorg-5655	344	8	-	-	SYM
fueconorg-5655	344	9	144	144	NUM
fueconorg-5655	344	10	.	.	PUNCT
fueconorg-5655	345	1	wortmann	wortmann	PROPN
fueconorg-5655	345	2	,	,	PUNCT
fueconorg-5655	345	3	m.	m.	NOUN
fueconorg-5655	345	4	,	,	PUNCT
fueconorg-5655	345	5	&	&	CCONJ
fueconorg-5655	345	6	stahl	stahl	PROPN
fueconorg-5655	345	7	,	,	PUNCT
fueconorg-5655	345	8	m.	m.	NOUN
fueconorg-5655	345	9	(	(	PUNCT
fueconorg-5655	345	10	2016	2016	NUM
fueconorg-5655	345	11	)	)	PUNCT
fueconorg-5655	345	12	.	.	PUNCT
fueconorg-5655	346	1	one	one	NUM
fueconorg-5655	346	2	size	size	NOUN
fueconorg-5655	346	3	fits	fit	VERB
fueconorg-5655	346	4	some	some	PRON
fueconorg-5655	346	5	:	:	PUNCT
fueconorg-5655	346	6	a	a	DET
fueconorg-5655	346	7	reassesment	reassesment	NOUN
fueconorg-5655	346	8	of	of	ADP
fueconorg-5655	346	9	emu	emu	PROPN
fueconorg-5655	346	10	’s	’s	PART
fueconorg-5655	346	11	core	core	NOUN
fueconorg-5655	346	12	-	-	PUNCT
fueconorg-5655	346	13	periphery	periphery	NOUN
fueconorg-5655	346	14	framework	framework	NOUN
fueconorg-5655	346	15	.	.	PUNCT
fueconorg-5655	347	1	journal	journal	NOUN
fueconorg-5655	347	2	of	of	ADP
fueconorg-5655	347	3	economic	economic	ADJ
fueconorg-5655	347	4	integration	integration	NOUN
fueconorg-5655	347	5	,	,	PUNCT
fueconorg-5655	347	6	31(2	31(2	NUM
fueconorg-5655	347	7	)	)	PUNCT
fueconorg-5655	347	8	,	,	PUNCT
fueconorg-5655	347	9	377	377	NUM
fueconorg-5655	347	10	-	-	SYM
fueconorg-5655	347	11	413	413	NUM
fueconorg-5655	347	12	.	.	PUNCT
fueconorg-5655	348	1	ulrich	ulrich	PROPN
fueconorg-5655	348	2	,	,	PUNCT
fueconorg-5655	348	3	m.	m.	NOUN
fueconorg-5655	348	4	(	(	PUNCT
fueconorg-5655	348	5	2018	2018	NUM
fueconorg-5655	348	6	)	)	PUNCT
fueconorg-5655	348	7	.	.	PUNCT
fueconorg-5655	349	1	identification	identification	NOUN
fueconorg-5655	349	2	of	of	ADP
fueconorg-5655	349	3	financial	financial	ADJ
fueconorg-5655	349	4	and	and	CCONJ
fueconorg-5655	349	5	macroeconomic	macroeconomic	ADJ
fueconorg-5655	349	6	shocks	shock	NOUN
fueconorg-5655	349	7	in	in	ADP
fueconorg-5655	349	8	a	a	DET
fueconorg-5655	349	9	var	var	NOUN
fueconorg-5655	349	10	model	model	NOUN
fueconorg-5655	349	11	of	of	ADP
fueconorg-5655	349	12	the	the	DET
fueconorg-5655	349	13	polish	polish	ADJ
fueconorg-5655	349	14	economy	economy	NOUN
fueconorg-5655	349	15	.	.	PUNCT
fueconorg-5655	350	1	a	a	DET
fueconorg-5655	350	2	stability	stability	NOUN
fueconorg-5655	350	3	analysis	analysis	NOUN
fueconorg-5655	350	4	.	.	PUNCT
fueconorg-5655	351	1	economics	economic	NOUN
fueconorg-5655	351	2	and	and	CCONJ
fueconorg-5655	351	3	business	business	NOUN
fueconorg-5655	351	4	review	review	PROPN
fueconorg-5655	351	5	,	,	PUNCT
fueconorg-5655	351	6	4(18	4(18	NUM
fueconorg-5655	351	7	)	)	PUNCT
fueconorg-5655	351	8	,	,	PUNCT
fueconorg-5655	351	9	29­43	29­43	NUM
fueconorg-5655	351	10	.	.	PUNCT
fueconorg-5655	352	1	makroekonomske	makroekonomske	PROPN
fueconorg-5655	352	2	divergencije	divergencije	NOUN
fueconorg-5655	352	3	i	i	PRON
fueconorg-5655	352	4	asimetrične	asimetrične	VERB
fueconorg-5655	352	5	reakcije	reakcije	NOUN
fueconorg-5655	352	6	unutar	unutar	ADJ
fueconorg-5655	352	7	evro	evro	PROPN
fueconorg-5655	352	8	zone	zone	NOUN
fueconorg-5655	352	9	u	u	PROPN
fueconorg-5655	352	10	radu	radu	PROPN
fueconorg-5655	352	11	se	se	X
fueconorg-5655	352	12	ispituje	ispituje	PROPN
fueconorg-5655	352	13	nominalna	nominalna	PROPN
fueconorg-5655	352	14	i	i	PRON
fueconorg-5655	352	15	realna	realna	VERB
fueconorg-5655	352	16	divergencija	divergencija	NOUN
fueconorg-5655	352	17	unutar	unutar	ADJ
fueconorg-5655	352	18	evro	evro	NOUN
fueconorg-5655	352	19	-	-	PUNCT
fueconorg-5655	352	20	zone	zone	NOUN
fueconorg-5655	352	21	(	(	PUNCT
fueconorg-5655	352	22	ez	ez	PROPN
fueconorg-5655	352	23	)	)	PUNCT
fueconorg-5655	352	24	kao	kao	PROPN
fueconorg-5655	352	25	osnova	osnova	NOUN
fueconorg-5655	352	26	asimetrične	asimetrične	VERB
fueconorg-5655	352	27	monetarne	monetarne	ADJ
fueconorg-5655	352	28	transmisije	transmisije	NOUN
fueconorg-5655	352	29	evropske	evropske	PROPN
fueconorg-5655	352	30	centralne	centralne	PROPN
fueconorg-5655	352	31	banke	banke	PROPN
fueconorg-5655	352	32	(	(	PUNCT
fueconorg-5655	352	33	ecb	ecb	PROPN
fueconorg-5655	352	34	)	)	PUNCT
fueconorg-5655	352	35	.	.	PUNCT
fueconorg-5655	353	1	kako	kako	PROPN
fueconorg-5655	353	2	bi	bi	PROPN
fueconorg-5655	353	3	se	se	PROPN
fueconorg-5655	353	4	rasvetlila	rasvetlila	PROPN
fueconorg-5655	353	5	pomenuta	pomenuta	PROPN
fueconorg-5655	353	6	pitanja	pitanja	PROPN
fueconorg-5655	353	7	,	,	PUNCT
fueconorg-5655	354	1	deskriptivna	deskriptivna	NOUN
fueconorg-5655	354	2	analiza	analiza	PROPN
fueconorg-5655	354	3	ključnih	ključnih	PROPN
fueconorg-5655	354	4	nominalnih	nominalnih	PROPN
fueconorg-5655	355	1	i	i	PRON
fueconorg-5655	355	2	realnih	realnih	PROPN
fueconorg-5655	355	3	indikatora	indikatora	PROPN
fueconorg-5655	355	4	potvrđuje	potvrđuje	PROPN
fueconorg-5655	355	5	dihotomiju	dihotomiju	PROPN
fueconorg-5655	355	6	jezgro	jezgro	PROPN
fueconorg-5655	355	7	-	-	PUNCT
fueconorg-5655	355	8	periferija	periferija	NOUN
fueconorg-5655	355	9	unutar	unutar	PROPN
fueconorg-5655	355	10	originalnih	originalnih	PROPN
fueconorg-5655	355	11	ez12	ez12	PROPN
fueconorg-5655	355	12	članica	članica	PROPN
fueconorg-5655	355	13	,	,	PUNCT
fueconorg-5655	355	14	kao	kao	PROPN
fueconorg-5655	355	15	i	i	PROPN
fueconorg-5655	355	16	specifičnu	specifičnu	PROPN
fueconorg-5655	355	17	poziciju	poziciju	VERB
fueconorg-5655	355	18	emergentnih	emergentnih	PROPN
fueconorg-5655	355	19	članica	članica	PROPN
fueconorg-5655	356	1	ez19	ez19	PROPN
fueconorg-5655	356	2	.	.	PUNCT
fueconorg-5655	356	3	monetarna	monetarna	PROPN
fueconorg-5655	356	4	transmisija	transmisija	PROPN
fueconorg-5655	356	5	(	(	PUNCT
fueconorg-5655	356	6	kanal	kanal	PROPN
fueconorg-5655	356	7	kamatne	kamatne	PROPN
fueconorg-5655	356	8	stope	stope	PROPN
fueconorg-5655	356	9	)	)	PUNCT
fueconorg-5655	356	10	ispitana	ispitana	PROPN
fueconorg-5655	356	11	je	je	PROPN
fueconorg-5655	356	12	pomoću	pomoću	PROPN
fueconorg-5655	356	13	ocenjenog	ocenjenog	PROPN
fueconorg-5655	356	14	vektorskog	vektorskog	PROPN
fueconorg-5655	356	15	autoregresionog	autoregresionog	PROPN
fueconorg-5655	356	16	(	(	PUNCT
fueconorg-5655	356	17	var	var	PROPN
fueconorg-5655	356	18	)	)	PUNCT
fueconorg-5655	356	19	modela	modela	PROPN
fueconorg-5655	356	20	za	za	PROPN
fueconorg-5655	356	21	zemlje	zemlje	PROPN
fueconorg-5655	356	22	predstavnike	predstavnike	PROPN
fueconorg-5655	356	23	jezgra	jezgra	PROPN
fueconorg-5655	356	24	(	(	PUNCT
fueconorg-5655	356	25	nemačka	nemačka	NOUN
fueconorg-5655	356	26	,	,	PUNCT
fueconorg-5655	356	27	francuska	francuska	NOUN
fueconorg-5655	356	28	,	,	PUNCT
fueconorg-5655	356	29	belgija	belgija	NOUN
fueconorg-5655	356	30	)	)	PUNCT
fueconorg-5655	356	31	,	,	PUNCT
fueconorg-5655	356	32	kao	kao	PROPN
fueconorg-5655	357	1	i	i	PRON
fueconorg-5655	357	2	zemlje	zemlje	VERB
fueconorg-5655	357	3	periferije	periferije	PROPN
fueconorg-5655	357	4	(	(	PUNCT
fueconorg-5655	357	5	portugal	portugal	PROPN
fueconorg-5655	357	6	,	,	PUNCT
fueconorg-5655	357	7	španija	španija	NOUN
fueconorg-5655	357	8	i	i	PRON
fueconorg-5655	357	9	grčka	grčka	VERB
fueconorg-5655	357	10	)	)	PUNCT
fueconorg-5655	357	11	za	za	PROPN
fueconorg-5655	357	12	period	period	NOUN
fueconorg-5655	357	13	1999q1	1999q1	PROPN
fueconorg-5655	357	14	-	-	PUNCT
fueconorg-5655	357	15	2018q4	2018q4	VERB
fueconorg-5655	357	16	.	.	PUNCT
fueconorg-5655	358	1	posmatrajući	posmatrajući	PROPN
fueconorg-5655	358	2	transmisiju	transmisiju	PROPN
fueconorg-5655	358	3	kamatne	kamatne	PROPN
fueconorg-5655	358	4	stope	stope	PROPN
fueconorg-5655	358	5	ecb	ecb	PROPN
fueconorg-5655	358	6	(	(	PUNCT
fueconorg-5655	358	7	šok	šok	ADJ
fueconorg-5655	358	8	)	)	PUNCT
fueconorg-5655	358	9	na	na	ADP
fueconorg-5655	358	10	promene	promene	PROPN
fueconorg-5655	358	11	rasta	rasta	PROPN
fueconorg-5655	358	12	bruto	bruto	PROPN
fueconorg-5655	358	13	domaćeg	domaćeg	PROPN
fueconorg-5655	358	14	proizvoda	proizvoda	PROPN
fueconorg-5655	358	15	(	(	PUNCT
fueconorg-5655	358	16	odgovor	odgovor	ADJ
fueconorg-5655	358	17	,	,	PUNCT
fueconorg-5655	358	18	reakcija	reakcija	NOUN
fueconorg-5655	358	19	)	)	PUNCT
fueconorg-5655	358	20	,	,	PUNCT
fueconorg-5655	358	21	rezultati	rezultati	NOUN
fueconorg-5655	358	22	dekompozicije	dekompozicije	VERB
fueconorg-5655	358	23	varijanse	varijanse	NOUN
fueconorg-5655	358	24	i	i	PRON
fueconorg-5655	358	25	impulsnih	impulsnih	PROPN
fueconorg-5655	358	26	odgovora	odgovora	PROPN
fueconorg-5655	358	27	ukazuju	ukazuju	PROPN
fueconorg-5655	358	28	da	da	PROPN
fueconorg-5655	358	29	generalno	generalno	PROPN
fueconorg-5655	358	30	kanal	kanal	PROPN
fueconorg-5655	358	31	kamatne	kamatne	PROPN
fueconorg-5655	358	32	stope	stope	PROPN
fueconorg-5655	358	33	deluje	deluje	PROPN
fueconorg-5655	358	34	kontraciklično	kontraciklično	PROPN
fueconorg-5655	358	35	.	.	PUNCT
fueconorg-5655	359	1	međutim	međutim	PROPN
fueconorg-5655	359	2	,	,	PUNCT
fueconorg-5655	359	3	dok	dok	PROPN
fueconorg-5655	359	4	je	je	PROPN
fueconorg-5655	359	5	stabilizirajući	stabilizirajući	PROPN
fueconorg-5655	359	6	(	(	PUNCT
fueconorg-5655	359	7	kontracikličan	kontracikličan	NOUN
fueconorg-5655	359	8	)	)	PUNCT
fueconorg-5655	359	9	efekat	efekat	PROPN
fueconorg-5655	359	10	evidentan	evidentan	PROPN
fueconorg-5655	359	11	za	za	PROPN
fueconorg-5655	359	12	jezgro	jezgro	PROPN
fueconorg-5655	359	13	(	(	PUNCT
fueconorg-5655	359	14	posebno	posebno	PROPN
fueconorg-5655	359	15	nemačku	nemačku	PROPN
fueconorg-5655	359	16	)	)	PUNCT
fueconorg-5655	359	17	,	,	PUNCT
fueconorg-5655	359	18	skoro	skoro	PROPN
fueconorg-5655	359	19	da	da	PROPN
fueconorg-5655	359	20	izostaje	izostaje	PROPN
fueconorg-5655	359	21	u	u	NOUN
fueconorg-5655	359	22	slučaju	slučaju	X
fueconorg-5655	359	23	grčke	grčke	NOUN
fueconorg-5655	359	24	.	.	PUNCT
fueconorg-5655	360	1	zaključci	zaključci	PROPN
fueconorg-5655	360	2	naglašavaju	naglašavaju	PROPN
fueconorg-5655	360	3	osetljivost	osetljivost	PROPN
fueconorg-5655	360	4	ez	ez	PROPN
fueconorg-5655	360	5	u	u	PROPN
fueconorg-5655	360	6	kontekstu	kontekstu	PROPN
fueconorg-5655	360	7	heterogenog	heterogenog	PROPN
fueconorg-5655	360	8	članstva	članstva	PROPN
fueconorg-5655	360	9	i	i	PRON
fueconorg-5655	360	10	,	,	PUNCT
fueconorg-5655	360	11	posledično	posledično	NOUN
fueconorg-5655	360	12	,	,	PUNCT
fueconorg-5655	360	13	asimetričnog	asimetričnog	PROPN
fueconorg-5655	360	14	odgovora	odgovora	PROPN
fueconorg-5655	360	15	na	na	INTJ
fueconorg-5655	360	16	monetarne	monetarne	ADJ
fueconorg-5655	360	17	impulse	impulse	PROPN
fueconorg-5655	360	18	ecb	ecb	NOUN
fueconorg-5655	360	19	.	.	PUNCT
fueconorg-5655	361	1	naši	naši	PROPN
fueconorg-5655	361	2	nalazi	nalazi	PROPN
fueconorg-5655	361	3	podržavaju	podržavaju	PROPN
fueconorg-5655	361	4	argumente	argumente	PROPN
fueconorg-5655	361	5	brojnih	brojnih	NOUN
fueconorg-5655	361	6	istraživačkih	istraživačkih	PROPN
fueconorg-5655	361	7	radova	radova	PROPN
fueconorg-5655	361	8	u	u	PROPN
fueconorg-5655	361	9	kojima	kojima	PROPN
fueconorg-5655	361	10	se	se	PROPN
fueconorg-5655	361	11	naglašava	naglašava	PROPN
fueconorg-5655	361	12	dualizam	dualizam	VERB
fueconorg-5655	361	13	jezgro	jezgro	NOUN
fueconorg-5655	361	14	-	-	PUNCT
fueconorg-5655	361	15	periferija	periferija	NOUN
fueconorg-5655	361	16	,	,	PUNCT
fueconorg-5655	361	17	hipoteza	hipoteza	PROPN
fueconorg-5655	361	18	nemačke	nemačke	PROPN
fueconorg-5655	361	19	dominacije	dominacije	PROPN
fueconorg-5655	361	20	,	,	PUNCT
fueconorg-5655	361	21	kao	kao	PROPN
fueconorg-5655	361	22	i	i	PRON
fueconorg-5655	361	23	“	"	PUNCT
fueconorg-5655	361	24	jedna	jedna	PROPN
fueconorg-5655	361	25	odgovara	odgovara	PROPN
fueconorg-5655	361	26	nekima	nekima	PROPN
fueconorg-5655	361	27	”	"	PUNCT
fueconorg-5655	361	28	monetarna	monetarna	PROPN
fueconorg-5655	361	29	politika	politika	PROPN
fueconorg-5655	361	30	.	.	PUNCT
fueconorg-5655	362	1	ključne	ključne	PROPN
fueconorg-5655	362	2	reči	reči	NOUN
fueconorg-5655	362	3	:	:	PUNCT
fueconorg-5655	362	4	evro	evro	NOUN
fueconorg-5655	362	5	-	-	PUNCT
fueconorg-5655	362	6	zona	zona	NOUN
fueconorg-5655	362	7	,	,	PUNCT
fueconorg-5655	362	8	jezgro	jezgro	NOUN
fueconorg-5655	362	9	,	,	PUNCT
fueconorg-5655	362	10	periferija	periferija	NOUN
fueconorg-5655	362	11	,	,	PUNCT
fueconorg-5655	362	12	realna	realna	PROPN
fueconorg-5655	362	13	i	i	PRON
fueconorg-5655	362	14	nominalna	nominalna	PROPN
fueconorg-5655	362	15	divergencija	divergencija	PROPN
fueconorg-5655	362	16	,	,	PUNCT
fueconorg-5655	362	17	ecb	ecb	PROPN
fueconorg-5655	362	18	,	,	PUNCT
fueconorg-5655	362	19	monetarna	monetarna	PROPN
fueconorg-5655	362	20	transmisija	transmisija	NOUN
fueconorg-5655	362	21	.	.	PUNCT
