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Persistent link: https://www.econbiz.de/10011672555
We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and heterogeneity between the countries....
Persistent link: https://www.econbiz.de/10012026337
achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic …
Persistent link: https://www.econbiz.de/10011850773
Länder werden wechselkurspolitische Optionen vor und nach einem EU-Beitritt untersucht. Ein zentrales Ziel ist es, eine … angemessene und länderindividuelle Strategie für die Währungsintegration der EU-Aspiranten herauszuarbeiten, die zugleich unter … Grundsatz nicht angemessen ist. Zugleich wird auf die Notwendigkeit verwiesen, die rechtsverbindlichen Vorgaben der EU in …
Persistent link: https://www.econbiz.de/10011938716
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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/10012506932
Persistent link: https://www.econbiz.de/10011992440
While economic theory highlights the usefulness of flexible exchange rates in promoting adjustment in international relative prices, flexible exchange rates also can be a source of destabilizing shocks. We find that when countries joining the euro currency union abandoned their national exchange...
Persistent link: https://www.econbiz.de/10012456694
Persistent link: https://www.econbiz.de/10012261314
While economic theory highlights the usefulness of flexible exchange rates in promoting adjustment in international relative prices, flexible exchange rates also can be a source of destabilizing shocks. We find that when countries joining the euro currency union abandoned their national exchange...
Persistent link: https://www.econbiz.de/10012998959