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Braucht es monetäre und reale Konvergenz für eine (in einer) Währungsunion? : Anmerkungen zu einer aktuellen Debatte
Sell, Friedrich L. - 2001
von Ländern zur Teilnahme an der EWU. Es wird gezeigt, daß diese Kriterien weder die Theorie optimaler Währungsgebiete … Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch … the theory of optimum currency areas (OCA) nor can they avoid the so-called endogeneity problem. Opposed to that the level …
Persistent link: https://www.econbiz.de/10001596617
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Braucht es monetäre und reale Konvergenz für eine (in einer) Währungsunion? : Anmerkungen zu einer aktuellen Debatte
Sell, Friedrich L. - 2001
von Ländern zur Teilnahme an der EWU. Es wird gezeigt, daß diese Kriterien weder die Theorie optimaler Währungsgebiete … Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch … the theory of optimum currency areas (OCA) nor can they avoid the so-called endogeneity problem. Opposed to that the level …
Persistent link: https://www.econbiz.de/10010508238
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Exchange Rate Policies for the Transition to Emu
Bofinger, Peter; Wollmershaeuser, Timo - 2005
In this paper we formalize the framework for monetary and exchange rate policy presented in Bofinger and Wollmershäuser [2001a]. We develop a simple comparative static model for an open economy that allows us to discuss monetary policy under the exchange rate strategies of independently...
Persistent link: https://www.econbiz.de/10014066373
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On optimal currency areas and common cycles : are the acceding countries ready to join the euro?
Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021
The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...
Persistent link: https://www.econbiz.de/10012506932
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On optimal currency areas and common cycles : are the acceding countries ready to join the euro?
Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021
The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...
Persistent link: https://www.econbiz.de/10012499619
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Estonia and the European Monetary Union : are there benefits from a “late” accession?
Baas, Timo - 2014
2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time …Der Beitritt von Estland zur Eurozone verzögerte sich aufgrund der Nichterfüllung des EU-Konvergenzkriteriums zur … Preisniveaustabilität auf Januar 2011. Zwischen 2006 und 2011 reduzierte sich der Anteil der Eurozone am Handel Estlands, wodurch sich gemäß …
Persistent link: https://www.econbiz.de/10010417152
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Euro Adoption Amid Reshaping EMU : The Case of Romania
Pal, Rozalia - 2011
Adopting the European single currency is reevaluated amid changing environment of the existing euro area. In this paper we are mapping those divergences among member countries that challenge the optimal currency area (OCA), at least from a theoretical perspective. Nevertheless, the decision to...
Persistent link: https://www.econbiz.de/10014176002
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Monetary and Financial Integration in EU : Convergence or Divergence?
Sysoyeva, Larysa - 2018
. Firstly, we shall describe our position within the theoretical discourse about convergence theory. Then we shall move on to …
Persistent link: https://www.econbiz.de/10012911602
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The end of grand expectations : monetary and financial integration after the crisis in Europe
Dieter, Heribert - 2014
number of weaknesses in the approach taken in the eurozone. In Europe, there was an unresolved tension between the so …
Persistent link: https://www.econbiz.de/10010367480
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Real and financial integration in Europe : evidence for the accession states and for the pre-ins
Buch, Claudia M. - 1999
Persistent link: https://www.econbiz.de/10013261029