The successful implementation of the monetary policy in practice to a large extent depends on the understanding of the functioning of the transmission mechanism of the monetary policy -- the channels by which the monetary impulses are transmitted through the economy. In this paper, an analysis...

The successful implementation of the monetary policy in practice to a large extent depends on the understanding of the functioning of the transmission mechanism of the monetary policy – the channels by which the monetary impulses are transmitted through the economy. In this paper, an analysis...

This study investigates the degree of economic integration that the group of selected South East European countries have achieved with the euro area. The evidence of this study suggests that all four selected South East European economies are in sync with the euro area cycle, and respectively...