Slovakia. Participation in the EMU (the Eurozone) will be the final step on the way of integration to the EU. The aim of this … of optimal currency area to describe positives and negatives of a membership in the EMU and potential time-schedule for … economy to EU-15 or EMU. Changes in the monetary policy of the National Bank of Slovakia. Benefits and costs of the monetary …

Integration into the European Monetary Union (EMU) and adoption of Euro became a specific objective for Eastern …

-run nominal rigidity in wages and prices, one would expect that under European Monetary Union (EMU) the loss of the exchange rate … strategically responsive monetary policy, floating is superior to EMU for all countries, and that even if the rest of the Community … proceeds with EMU, the UK is better off outside it. This latter conclusion is reinforced in the exercise on the more refined UK …

(EMU). In this paper, we discuss the true reasons of this situation with reference to four issues which the debate remains … framework of the EMU still reveals many weaknesses, which would underpin the current unstable situation. In this context, we …

In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …

game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context …