Taylor rules for CEE-EU countries: How much heterogeneity?

We derive Taylor rates for those CEE-EU countries which are not part of the Eurozone. The degree of heterogeneity decreased tremendously over time (2005 - 2015). Nevertheless, the business cycles are still not fully synchronized. As a consequence, joining the Eurozone seems to be premature and should not be an option right now.

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Year of publication:	2015
Authors:	Sydykova, Meerim ; Stadtmann, Georg
Publisher:	Frankfurt (Oder) : European University Viadrina, Department of Business Administration and Economics
Subject:	CEE \| monetary policy \| currency union \| convergence \| Taylor rule

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Series:	Discussion Paper ; 377
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	840586744 [GVK] hdl:10419/123333 [Handle] RePEc:zbw:euvwdp:377 [RePEc]
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; F15 - Economic Integration
Source:	EconStor

Persistent link: https://www.econbiz.de/10011390576