Skořepa, Michal - Institut ekonomických studií, Univerzita Karlova v Praze - 2011
A number of authors have used the concept of an optimum currency area (or OCA) index to assess the relative proximity … of various pairs of economies to the ideal of an optimum currency area. Alas, a significant deficiency of this approach … late-transition economies to be better prepared for a common currency with Germany than several current euro area members. …