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The main aim of this paper is to examine the exchange rate behavior of a group of four transitional, EU accession countries, with a view to making policy recommendations regarding their accession to full European Monetary Union. We employ a dynamic OLS panel estimator to investigate the relative...
Persistent link: https://www.econbiz.de/10011506491
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession countries will be winners from this redistribution, for...
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2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time …Der Beitritt von Estland zur Eurozone verzögerte sich aufgrund der Nichterfüllung des EU-Konvergenzkriteriums zur … Preisniveaustabilität auf Januar 2011. Zwischen 2006 und 2011 reduzierte sich der Anteil der Eurozone am Handel Estlands, wodurch sich gemäß …
Persistent link: https://www.econbiz.de/10010417152
The main aim of this paper is to examine the exchange rate behavior of a group of four transitional, EU accession countries, with a view to making policy recommendations regarding their accession to full European Monetary Union. We employ a dynamic OLS panel estimator to investigate the relative...
Persistent link: https://www.econbiz.de/10001753578
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Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch …
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