Similar Search Results

Real convergence in the European Union : an empirical analysis

Schmidt, Christian - 1997

Over the next couple of years, the European Union will face a difficult stage, being confronted with the eventual transition to a monetary union. In the beginning of 1997, it is less clear than ever, if and when the European Monetary Union will eventually be realized, which countries will join...

Persistent link: https://www.econbiz.de/10011927555

Fiskalische Konsequenzen der Europäischen Währungsunion : die Veränderung des Seigniorage und dessen Bedeutung für die nationalen EWU-11 Haushalte

Klopfleisch, Roland - 2000

Maastrichter Vertrags im Jahre 1992 zu analysieren, festzustellen, welche Bedeutung das Bemühen hatte, die Konvergenzkriterien …

Persistent link: https://www.econbiz.de/10011937475

Testing for inflation convergence among European Union countries : a panel approach

Tsafa-Karakatsanidou, Maria; Fountas, Stilianos - In: Applied economics quarterly 64 (2018) 1, pp. 17-37

Persistent link: https://www.econbiz.de/10011974980

Euro Adoption and Maastricht Criteria : Rules or Discretion?

Jonas, Jiri - 2006

In connection with the prospective euro adoption by the new EU members, the issue of how strictly to enforce the Maastricht criteria for joining the European Economic and Monetary Union (EMU) has been discussed for some time. Arguments have been made in favor of a more flexible interpretation of...

Persistent link: https://www.econbiz.de/10014053883

Pilgrims to the Eurozone : How Far, How Fast?

Kočenda, Evžen; Kutan, Ali M.; Yigit, Taner M. - 2006

In our analysis, we re-examine the nominal and real convergence of all recent ten European Union (EU) members to EU standards. Testing for monetary convergence has significant implications for interim optimal exchange rate and monetary policies before a formal and permanent link to the euro,...

Persistent link: https://www.econbiz.de/10014053885

Catching Up : The Role of Demand, Supply and Regulated Price Effects on the Real Exchange Rates of Four Accession Countries

MacDonald, Ronald; Wojcik, Cezary - 2004

The main aim of this paper is to examine the exchange rate behaviour of a group of four transitional, EU accession countries, with a view to making policy recommendations regarding their full accession to the European Monetary Union. We employ a dynamic OLS panel estimator to investigate the...

Persistent link: https://www.econbiz.de/10014073026

Exchange Rate Risk and Convergence to the Euro

Orlowski, Lucjan T. - 2005

This paper proposes a new monetary policy framework for effectively navigating the path to adopting the euro. The proposed policy is based on relative inflation forecast targeting and incorporates an ancillary target of declining exchange rate risk, which is suggested as a key criterion for...

Persistent link: https://www.econbiz.de/10014066924

Monetary Convergence and Risk Premiums in the EU Accession Countries

Orlowski, Lucjan T. - 2005

risk premiums in the EU accession countries as they undergo monetary convergence to the eurozone. It proposes a monetary …

Persistent link: https://www.econbiz.de/10014067013

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone

Fahrholz, Christian (contributor) - 2007

This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis … stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone. …Examines the political economy of exchange-rate policies in the context of the eastward enlargement of the eurozone …

Persistent link: https://www.econbiz.de/10013520664

Catching up : the role of demand, supply and regulated price effects on the real exchange rates of four accession countries

MacDonald, Ronald; Wójcik, Cezary - 2003

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