Showing 1 - 10 of 5,188
The objective of this paper is to review new restrictions imposed on land sales in selected Eastern EU Member States …
Persistent link: https://www.econbiz.de/10011784335
Persistent link: https://www.econbiz.de/10010241448
Where a country allows the free movement of capital and follows a free floating exchange rate policy, the monetary trilemma would suggest the existence of monetary autonomy, which is prejudiced when external shocks cause a significant decrease (divergence) or increase (contagion) in market...
Persistent link: https://www.econbiz.de/10013107395
European Union member countries are currently exposed to negative implications of the economic and debt crisis. Questions associated with disputable implications of fiscal incentives seem to be contrary to the crucial need of the effective fiscal consolidation that is necessary to reduce...
Persistent link: https://www.econbiz.de/10013071470
accordance to their degree of monetary integration with the Euro area, new EU members and accession countries are divided into …
Persistent link: https://www.econbiz.de/10012951765
This article investigates the financial convergence between Central and Eastern European (CEE) countries that are … members of the European Union (EU). The analysis covers the period 2007–2014, which accounts for the global financial crisis … and the sovereign debt crisis. To examine the convergence dynamics of these financial markets, we have employed the …
Persistent link: https://www.econbiz.de/10012894195
This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central-eastern Europe. We mitigate the small sample problem, which is especially acute for the NMS, by using a Bayesian estimation that combines...
Persistent link: https://www.econbiz.de/10012765781
This article investigates the interrelations between the Euro area and five Central and Eastern European economies. Using an open economy framework, we derive theoretical restrictions to be imposed on the cointegration space of a structural vector error correction model. We employ generalized...
Persistent link: https://www.econbiz.de/10013059052
This study analyses the Czech, Hungarian, and Polish currencies by examining the statistical characteristics of the Swiss franc as well as the ECB monetary policy in order to indicate shocks in these markets between 2002 and 2013. The abundance of monetary easing decisions can be used as a...
Persistent link: https://www.econbiz.de/10013018743
The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the …
Persistent link: https://www.econbiz.de/10013232406