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  • This paper assesses compatibility of the price stability and exchange rate stability convergence (Maastricht) criteria in the conditions of the new EU Member States. It discusses a construction of the convergence criteria and evaluates how optimal they are for the heterogeneous EU Member States. The paper provides an overview of the exchange rate regimes applied in the new Member States and focuses primarily on the currency board arrangement. It also evaluates and compares inflation developments in the new EU Member States and, finally, it analyzes the ECB commitment to foreign exchange intervention against speculative attacks within the ERM II framework.
  • This paper assesses compatibility of the price stability and exchange rate stability convergence (Maastricht) criteria in the conditions of the new EU Member States. It discusses a construction of the convergence criteria and evaluates how optimal they are for the heterogeneous EU Member States. The paper provides an overview of the exchange rate regimes applied in the new Member States and focuses primarily on the currency board arrangement. It also evaluates and compares inflation developments in the new EU Member States and, finally, it analyzes the ECB commitment to foreign exchange intervention against speculative attacks within the ERM II framework. (en)
  • V příspěvku je zkoumána vzájemná kompatibilita dvou konvergenčních kritérií (cenového a kurzového), jejichž splnění je nezbytné pro vstup do Eurozóny. Důraz je kladen na podmínky nových členských zemí EU, které uplatňují rozdílné režimy devizových kurzů. Příspěvek dochází k závěru, že zejména u zemí s plovoucím devizovým kurzem může paralelní plnění obou kritérií vyvolat ekonomickou nestabilitu. (cs)
Title
  • Compatibility of the Price Stability and Exchange Rate Stability Criteria
  • Compatibility of the Price Stability and Exchange Rate Stability Criteria (en)
  • Kompatibilita kritérií cenové stability a stability devizového kurzu (cs)
skos:prefLabel
  • Compatibility of the Price Stability and Exchange Rate Stability Criteria
  • Compatibility of the Price Stability and Exchange Rate Stability Criteria (en)
  • Kompatibilita kritérií cenové stability a stability devizového kurzu (cs)
skos:notation
  • RIV/47813059:19520/06:00000023!RIV07-GA0-19520___
http://linked.open.../vavai/riv/strany
  • 607-614
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GA402/05/2758)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 469354
http://linked.open...ai/riv/idVysledku
  • RIV/47813059:19520/06:00000023
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Price stability, exchange rate stability, convergence criteria, ERM II, Balassa-Samuelson effect, European Central Bank (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [2F4BB9C72758]
http://linked.open...v/mistoKonaniAkce
  • Karviná
http://linked.open...i/riv/mistoVydani
  • Karviná
http://linked.open...i/riv/nazevZdroje
  • International Business Administration
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Stavárek, Daniel
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
number of pages
http://purl.org/ne...btex#hasPublisher
  • Slezská univerzita v Opavě. Obchodně podnikatelská fakulta v Karviné
https://schema.org/isbn
  • 80-7248-353-6
http://localhost/t...ganizacniJednotka
  • 19520
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