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Teorie optimálních mìnových zón: rámec k diskuzím o monetární integraci

Horváth, Roman; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 7-8, pp. 386-407

The authors contend that the theory of optimum currency areas (OCA) provides a useful framework for discussions of … considered alongside empirical studies regarding OCA theory applied to the EMU and the Czech Republic, and a socalled OCA …-index is calculated. The authors conclude that OCA theory is a longterm theory and that it does not possess sufficient …

Persistent link: https://www.econbiz.de/10008495720

Independence versus accountability of the European central bank - is there any solution?

Kvizda, Martin - In: Politická ekonomie 2005 (2005) 5, pp. 617-633

The article is concerned with analysis of independence of central banks of the EU Member States within the framework of the ESCB, as well as independence and responsibility of the ECB, and suggests an alternative institutional embodiment of its position, reflecting the specific framework of the...

Persistent link: https://www.econbiz.de/10005036607