We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already...

This paper investigates the appropriate exchange rate regimes, both prior to and following European Union accession, for those former centrally planned Central and Eastern European countries that are currently candidates for full membership in the European Union (1). The exchange rate regime is...