effect of orthogonalization is more pronounced for exposure to currency indices. We also test symmetry in exchange rate …

of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the … "outs" to fulfill the convergence criteria, and whether in this case "ins" open the door for the "outs" to enter the euro … of the Central and Eastern European accession countries to the euro area. In order to overcome these pitfalls the author …

Bakalauro baigiamajame darbe nagrinėjamas euro ir JAV dolerio kursas 1999-2011 metais ir jo perspektyvos. Pirmoje … fundamentalioji analizė ir išanalizuoti pagrindiniai makroekonominiai euro zonos ir JAV rodikliai. Nustatyta, kad ilguoju laikotarpiu … regresijos lygtis. Kiti faktoriai, tokie kaip valstybių skolų lygis, palūkanų skirtumai, įtakojo euro-JAV dolerio kursą …

The banking and currency crises of the last two decades inflictedsubstantial financial, economic, and social damage on … eventsis evaluated. An analysis of the traditional and recent literatureon currency crises is performed in order to extract …

determinants of the loan currency. Concerning the demand side, I find that firms are more likely to request EUR if they need larger … to grant such loans in local currency. On the supply side I find that the bank is more likely to switch the loan currency … depositors are willing to save and banks to lend long-term in local currency. Another topic that has received much attention from …

Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …

standard and international trade. The estimation results allow us to formulate some interesting policy conclusions. …

, dass Kosten, die durch den Verlust einer nominellen Trendaufwertung der Koruna gegenüber dem Euro entstehen, eher moderat …

Modell. Weiters deuten die Resultate auf einen asymmetrischen Anpassungsprozess hin, da eine Überbewertung des Euro in Bezug …