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The EMU accession countries are obliged to fulfill the Maastrich 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...
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industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it …
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The institutional model used in the integration process between the European Union (EU) and Turkey was that of … membership negotiations between the EU and Turkey, the question arises whether real economic integration between them has gone … an EU candidate country, in the field of free movement of capital are more demanding under the EU scheme of …
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This study examines whether the CEECs' financial market development can explain the EU FDI in the CEECs during 1994 … sector reforms undertaken before the CEECs' EU accession. Second, the stock market size had a positive effect in 1997 …-2004. This is due to the fact that the EU membership announcement facilitated deeper stock market integration. Third, the higher …
Persistent link: https://www.econbiz.de/10011869916
) in the European Union (EU). It presents the parallel process of fundamental systemic transformation and integration with … the EU in the analyzed countries. Their integration path is shown, starting from the association with the European … Communities, a transitional period to membership, through adjustments to the requirements related to EU accession and membership …
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