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====Price convergence==== The evidence on the convergence of prices in the eurozone with the introduction of the euro is mixed. Several studies failed to find any evidence of convergence following the introduction of the euro after a phase of convergence in the early 1990s.<ref>{{cite web |url=https://www.ecb.eu/events/pdf/conferences/emu/sessionV_Angeloni_Paper.pdf |title=Price setting and inflation dynamics: did EMU matter |access-date=13 March 2011 |archive-url=https://web.archive.org/web/20110725112443/http://www.ecb.eu/events/pdf/conferences/emu/sessionV_Angeloni_Paper.pdf |archive-date=25 July 2011 |url-status=dead }}</ref><ref>{{cite web|url=http://opus.zbw-kiel.de/volltexte/2009/7575/pdf/200906dkp.pdf |title=Price convergence in the EMU? Evidence from micro data |access-date=2 October 2009}}</ref> Other studies have found evidence of price convergence,<ref>{{cite web|url=http://faculty.london.edu/hrey/IMRRtele.pdf |title=One TV, One Price? |access-date=17 July 2011}}</ref><ref>{{cite web|url=http://mpra.ub.uni-muenchen.de/835/1/MPRA_paper_835.pdf |title=One Market, One Money, One Price? |access-date=17 July 2011}}</ref> in particular for cars.<ref>Gil-Pareja, Salvador, and Simón Sosvilla-Rivero, [http://www.fedea.es/pub/Papers/2005/dt2005-22.pdf "Price Convergence in the European Car Market"], FEDEA, November 2005.</ref> A possible reason for the divergence between the different studies is that the processes of convergence may not have been linear, slowing down substantially between 2000 and 2003, and resurfacing after 2003 as suggested by a recent study (2009).<ref>{{cite web |url=http://www.wiso.uni-hamburg.de/hepdoc/macppr_4_2009.pdf |first1=Ulrich |last1=Fritsche |first2=Sarah |last2=Lein |first3=Sebastian |last3=Weber |title=Do Prices in the EMU Converge (Non-linearly)? |publisher=University of Hamburg, Department Economics and Politics Discussion Papers, Macroeconomics and Finance Series |date=April 2009 |access-date=28 December 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110719105515/http://www.wiso.uni-hamburg.de/hepdoc/macppr_4_2009.pdf |archive-date=19 July 2011 }}</ref>
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