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The authors contend that the theory of optimum currency areas (OCA) provides a useful framework for discussions of monetary integration. The authors summarize the historical development of monetary integration and discuss possible future development. Theoretical issues, such as those raised in...
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the eurozone and their exchange-rate regimes between the EU entry and prior to the eurozone entry. The presented empirical …. According to our analysis, Poland could benefit most from entering the eurozone relatively quickly, while the Czech Republic and …
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problem. Further we try finding out if after introducing single currency, economic cycles became synchronized in the eurozone … the eurozone. We deal with time series from the years 1994 to 2005. With the help of the correlation coefficients we … finding out if the rise of real GDP the individual countries of eurozone developed similarly as after rise of the eurozone …
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