Zdárek, Václav; Aldasoro, Juan Ignacio - Institut für Weltwirtschaft (IfW) - 2009
problems for the EU common monetary policy (ECB), in particular negative (positive) interest rates, their repercussions on … will join the Euro area. There are some risks for these countries connected with the common monetary policy, which is … (for example Honohan and Lane 2003, 2004; ECB, 2003) has no impact on inflation in our expanded time span (e.g. exchange …