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A mixed blessing : monetary enlargement within the Maastricht policy framework
Schelkle, Waltraud - In: Vierteljahrshefte zur Wirtschaftsforschung 72 (2003) 4, pp. 624-635
Governments of most accession countries in Central and Eastern Europe initially expressed keen interest to adopt the Euro as soon as possible. The fervour seems to have cooled somewhat in the meantime. This paper will argue that there are good reasons for mixed feelings. While monetary...
Persistent link: https://www.econbiz.de/10010492292
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New risks ahead: the eastward enlargement of the eurozone
Bolle, Michael; Fahrholz, Christian; Jacobsen, Hanns-Dieter - 2001
Countries (CEEC) into the European Union (EU) is accompanied by an extension of the eurozone to this region. This paper surveys …
Persistent link: https://www.econbiz.de/10001790931
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A Strategy for EMU Enlargement
Dabrowski, Marek - 2009
recommendations both for new member states (on how to manage their accession to the Eurozone) and for the European Commission, ECB and … current Eurozone members, and should further improve before Eurozone entry, decreasing risk of their exposure to idiosyncratic … credibility of the Euro and price stability in the Eurozone will not be threatened by fast EMU Enlargement. Neither can the …
Persistent link: https://www.econbiz.de/10013157589
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Monetary autonomy of CESEE countries and nominal convergence in EMU : a cointegration analysis with structural breaks
Raguideau-Hannotin, Léonore - 2021
Persistent link: https://www.econbiz.de/10012606756
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The Maastricht Convergence Criteria and Optimal Monetary Policy for the EMU Accession Countries
Lipinska, Anna - 2021
The EMU accession countries are obliged to fulfill the Maastricht convergence criteria prior to entering the EMU. This paper uses a DSGE model of a two-sector small open economy, to address the following question: how do the Maastricht convergence criteria modify optimal monetary policy in an...
Persistent link: https://www.econbiz.de/10013316539
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The transition to the euro and economic convergence of Romania
Iancu, Aurel - 2017
By the Treaty of Accession to the EU, Romania opted for the euro adoption. According to the Maastricht Treaty, since 2014 Romania has fulfilled the nominal convergence criteria, thus becoming apt to adopt the euro. But a careful analysis of the reality and the lessons learnt from the Euro Area...
Persistent link: https://www.econbiz.de/10011698594
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The use of euro cash in CESEE and the role of euro adoption expectations
Scheiber, Thomas - In: Focus on European economic integration (2019) 3, pp. 76-94
Persistent link: https://www.econbiz.de/10012194360
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A Strategy for EMU Enlargement
Dabrowski, Marek - 2009
recommendations both for new member states (on how to manage their accession to the Eurozone) and for the European Commission, ECB and … current Eurozone members, and should further improve before Eurozone entry, decreasing risk of their exposure to idiosyncratic … credibility of the Euro and price stability in the Eurozone will not be threatened by fast EMU Enlargement. Neither can the …
Persistent link: https://www.econbiz.de/10014212729
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EMU Enlargement and Central Bank Independence : Which Concept of Convergence to Apply?
Freytag, Andreas - 2008
EMU enlargement not only depends on the individual state of convergence of the accession candidates, but also on their political situation. Therefore, we argue that institutional convergence, in particular monetary policy binding, is equally - if not more - important for successful monetary...
Persistent link: https://www.econbiz.de/10014218116