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Does the halo effect still hold? Implications for the euro-candidates from the analysis of the EA bond market - the crisis perspective
Szczypińska, Agnieszka - Ministerstwo Finansów, Government of Poland - 2012
eurozone members reported dramatic rise in government bond yield differentials to German Bunds due to deteriorating public … conditional on countries' macroeconomic policy. However, on the basis of panel estimation, it turned out that in case of almost …
Persistent link: https://www.econbiz.de/10010991577
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Does the halo effect still hold? The (post-) crisis perspective for the euro candidates
Szczypińska, Agnieszka - Ministerstwo Finansów, Government of Poland - 2014
eurozone members reported a dramatic rise in government bond yield differentials to German bonds due to deteriorating public … conditional on countries' macroeconomic policy. However, on the basis of panel estimation, it turned out that in case of almost …
Persistent link: https://www.econbiz.de/10010991581
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Accession of the Czech Republic into euro area and Maastricht convergence criteria from the perspective of theory of „impossible trinity“
Helísek, Mojmír - In: ACTA VSFS 2 (2008) 2, pp. 138-157
Accession into euro area is conditioned (among others) by stable low inflation rate and stable currency exchange rate (participation in ERM IIII). Treaty on EU defines obligation to maintain free international capital flow. It concerns three objectives and theory of “impossible trinity”...
Persistent link: https://www.econbiz.de/10010860145
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Nominal Convergence
Iancu, Aurel - Institutul National de Cercetari Economice (INCE), … - 2009
After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the...
Persistent link: https://www.econbiz.de/10005245056
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Convergenta Nominala
Iancu, Aurel - Institutul National de Cercetari Economice (INCE), … - 2009
After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the...
Persistent link: https://www.econbiz.de/10005078971
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AN ANALYSIS OF THE FISCAL CONVERGENCE CRITERIA IN THE EUROPEAN UNION IN TERMS OF THE SUSTAINABILITY
Bucur, Iulia Andreea; Dragomirescu, Simona Elena - In: Studies and Scientific Researches. Economics Edition (2013) 18
Although the convergence criteria in the Maastricht Treaty led to the creation of the EMU and the euro area has resisted more than some of its critics believed, in the context of major macroeconomic imbalances, the issue of nominal convergence has been the subject of numerous research. This...
Persistent link: https://www.econbiz.de/10010895102
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Romania, Poland. Two Countries, One Wish: Joining the Eurozone
Soproni, Luminita; Marcut, Mirela - Volkswirtschaftliche Fakultät, … - 2013
accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and … hurry to enter the Eurozone), and not backed by the economic reality, is in a stark contrast with Poland’s reserved attitude … wish to join the Eurozone only after the national economy’s problems as well as the Eurozone’s troubles have been resolved. …
Persistent link: https://www.econbiz.de/10011258985
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THE CURRENT STATE OF CONVERGENCE IN THE EASTERN EUROPEAN COUNTRIES. ROMANIA’S STRATEGY FOR CHANGEOVER
MAGDALENA, RADULESCU - In: Annals - Economy Series 4 (2013) August, pp. 54-62
Romania doesn’t fulfill the nominal convergence criteria ogf the eurozone.Regarding the convergence criteria, Romania finds …
Persistent link: https://www.econbiz.de/10010709804
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Weiterentwicklung der Europäischen Währungsunion und demokratische Legitimation
Murswiek, Dietrich - In: Ifo Schnelldienst 66 (2013) 13, pp. 06-11
Vortrag von Prof. Dr. Dietrich Murswiek, Geschäftsführender Direktor des Instituts für Öffentliches Recht, Universität Freiburg
Persistent link: https://www.econbiz.de/10010877428