Hušek, Roman; Formánek, Tomáš - In: Politická ekonomie 2011 (2011) 3, pp. 291-309
Our paper focuses on the analysis of supply and demand shocks and on the estimation of expected costs of introducing Euro currency into Czech Republic (CR). The analysis is based on the theory of optimal currency areas by Mundell (1961, 1973) and uses a macroeconomic approach formalized by...