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Nominal and Real Convergence in Alternative Exchange Rate Regimes in Transition Countries : Implications for the EMU Accession

Kowalski, Przemyslaw A. - 2009

simple empirical assessment of convergence of inflation to EU levels and economic growth of 7 CEE economies which had adopted …

Persistent link: https://www.econbiz.de/10013157459

The EME Enlargement and the Choice of the Euro Conversion Rates : Theoretical and Empirical Issues

Rawdanowicz, Lukasz - 2009

The paper deals with the choice of the nominal euro conversion rates for the acceding countries upon their accession to EMU. The paper reviews theoretical models of equilibrium exchange rates as well as discusses their interpretation and the ensuing policy recommendations. Problems with...

Persistent link: https://www.econbiz.de/10014205753

Exchange Rate Variability and Foreign Direct Investment – Consequences of EMU Enlargement

Brzozowski, Michal - 2009

The aim of the paper is to analyze theoretically and empirically the likely impact of the reduction in exchange rate uncertainty, due to the EMU accession, on the intensity of FDI inflow into candidate countries. Theoretical models give an ambiguous picture of how exchange rate uncertainty and...

Persistent link: https://www.econbiz.de/10014205886

Exchange Rate Regimes and the Nominal Convergence

Szczurek, Mateusz - 2010

's and EU authorities importance (even if non-existent) in the parity setting process to avoid excessive domestic debt …

Persistent link: https://www.econbiz.de/10013151686

Poland's Accession to EMU - Choosing the Exchange Rate Parity

Rawdanowicz, Lukasz - 2009

This paper deals with the choice of the exchange rate parity upon Poland's entry to EMU. Given that the euro parity should reflect some equilibrium exchange rate, two theoretical concepts are discussed: fundamental and behavioural equilibrium exchange rates. These approaches are then estimated....

Persistent link: https://www.econbiz.de/10013157635

Do Candidate Countries Fit the Optimum-Currency-Area Criteria?

Blaszkiewicz, Monika; Wozniak, Przemyslaw - 2009

indicates that candidate countries are already very open to trade with the EU, in many cases much more open than the members of … the EU themselves. Nonetheless, results of the static real activity comovements, with the exception of Hungary and …

Persistent link: https://www.econbiz.de/10014205754