, it looks at sustainability in EMU member countries, with particular attention given to the relations between … a sustainability requirement for an 'average' EMU member country. At the same time, the dispersion around this average … is quite substantial: this questions the viability of uniform deficit caps across EMU member countries. …

A panel data set for six Central and Eastern European countries (the Czech Republic, Hungary, Poland, Romania, Slovakia …

(e.g., for Poland). The analysis also shows that based on the average responses of exchange rates to different shocks …

variability, the monetary policy performance of eleven EMU countries for the whole period of the EMS. Second, we examine whether … the introduction of an implicit inflation- targeting by the EMU member countries after the Maastricht Treaty changed the … the trade-off ratio varies among EMU countries, especially in the case where industrial production is utilized to …

In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …

This paper explores the conflict of real and monetary convergence during the EMU run-up of the Central and Eastern …