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Slovak Republic entered the ERM II in the end of 2005 whereby it came nearer to its strategic objective - joining the euro area. In this paper we try to answer two questions. Section 1 examines the features and risks of the EMU. Is EMU an optimum currency area and what is the OCA scorecard of...
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In this paper the stability of an inflationary process is examined. A dynamic model of the inflation has been developed … based on the quantity theory of money. Some theorists say that any rate of inflation other than zero is inherently instable …. They say that as people become aware of the fact of continues inflation, however slow, they will anticipate inflation and …
Persistent link: https://www.econbiz.de/10008754967
The efficiency of macroeconomic policies depends on adequate business cycle approximation. Given that potential output and the output gap (the difference between actual and potential output) are not directly observable, their values need to be estimated using alternative statistical, structural,...
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Článok sa venuje problematike kvantifikácie nákladov nezamestnanosti mladých ľudí na príklade Slovenskej republiky a Veľkej Británie v súvislosti s nákladmi a škodami, ktoré nezamestnanosť spôsobuje priamo či nepriamo nielen jednotlivcovi, ale aj celej spoločnosti a štátnemu...
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