able to replicate key features of the data prior to and under EMU.We find that the euro has a strong bearing on the …

able to replicate key features of the data prior to and under EMU.We ?nd that the euro has a strong bearing on the …

able to replicate key features of the data prior to and under EMU.We find that the euro has a strong bearing on the …

before and after the introduction of the Euro. Exceptions are a strong decline in real exchange rate volatility and a … EMU on standard business cycles statistics. However, further analysis reveals that the Euro has changed the nature of the …

before and after the introduction of the euro. Exceptions are a strong decline in real exchange rate volatility and a … EMU on standard business cycles statistics. However, further analysis reveals that the euro has changed the nature of the …

Deutschland erhebliche Vorteile durch den Euro hat. Um dies zu zeigen, prognostizieren die Autoren der Studie die Entwicklung des … Rückkehr zu einer eigenen Währung pro Jahr um rund 0,5 Prozentpunkte langsamer expandieren würde als beim Verbleib im Euro. Der …

Slovakia. Participation in the EMU (the Eurozone) will be the final step on the way of integration to the EU. The aim of this … contribution is to give a view on the process of monetary integration of the SR to the Eurozone, to evaluate a fulfilment of the … entering the Eurozone. (Maastricht convergence criteria. Maastricht criteria and the SR. Nominal convergence of the Slovak …

Accession countries are bound by EU rules to enter the eurozone after they have fulfilled the Maastricht criteria. Yet … for many years, the eurozone will not constitute an optimum currency area for the new members. There are additional risks … require fast productivity growth and will entail inflation rates well above present eurozone targets. The shares of the new …