European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component …. Using a simulation-based technique, we find that estimates of FDI effects of EMU range between 18.5% for Poland and 30% for …

An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not …

processes which have to be estimated by discretely sampled observations. Using daily exchange rate data prior to the Greek EMU … increased central bank intervention activities in the run-up to the Greek EMU entrance. Thus the modelling and estimation …

European Monetary Union (EMU). Joining the EMU is not optional for these countries but mandatory, although there is no de …

Economic and Monetary Union (EMU) were met and the seventh pair saw the euro conversion rate be set at 200 escudos. The agreed …-oriented policy was maintained until EMU qualification but there were no other major reforms, rasing the threat of a "euro hold … on capital inflows at the beginning of first stage of EMU. Yet, the escudo-DMark rate, even allowing for the last …

analysis of the stabilising properties of the monetary policy in the EMU countries within an open economy framework and obtain …

European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component …. Using a simulation-based technique, we find that estimates of FDI effects of EMU range between 18.5% for Poland and 30% for …

Union (EMU). For these countries, joining the EMU is not optional but mandatory, although there is not a definite deadline …

This paper addresses the issue of the transition from Stage Two of EMU to Stage Three. The criteria established in the …