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Description
  • This paper analyses the relationships between real and nominal convergence in the new post communist member states and on this basis evaluates the potential benefits and risks connected with joining the euro. The analysis observes both the common problems of catching-up economies and the dissimilarities and specificities influenced by the differences in the macroeconomic parameters in individual countries. The regression analysis shows interdependence between the comparative price and wage level and the income per capita level. The benefits connected with elimination of exchange rate risks and reduction of transaction costs are compared with the disadvantages associated with the loss of an independent monetary policy and an adjusting exchange rate mechanism.
  • This paper analyses the relationships between real and nominal convergence in the new post communist member states and on this basis evaluates the potential benefits and risks connected with joining the euro. The analysis observes both the common problems of catching-up economies and the dissimilarities and specificities influenced by the differences in the macroeconomic parameters in individual countries. The regression analysis shows interdependence between the comparative price and wage level and the income per capita level. The benefits connected with elimination of exchange rate risks and reduction of transaction costs are compared with the disadvantages associated with the loss of an independent monetary policy and an adjusting exchange rate mechanism. (en)
  • Článek se věnuje problematice nominální a reáné konvergence ve vybraných nových členských zemích EU. Vedle shrnuti stavu konvergence jsou zmíněny i další souvislosti, které implikuje přejetí společné evropské měny - např. problematika nákladů a přínosů nebo otázka samotného načasování přijetí této měny. (cs)
Title
  • Vztah reálné a nominální konvergence v nových členských zemích EU: implikace pro přijetí eura (cs)
  • Links between Real and Nominal Convergence in the New EU Member States: Implications for the Adoption of Euro
  • Links between Real and Nominal Convergence in the New EU Member States: Implications for the Adoption of Euro (en)
skos:prefLabel
  • Vztah reálné a nominální konvergence v nových členských zemích EU: implikace pro přijetí eura (cs)
  • Links between Real and Nominal Convergence in the New EU Member States: Implications for the Adoption of Euro
  • Links between Real and Nominal Convergence in the New EU Member States: Implications for the Adoption of Euro (en)
skos:notation
  • RIV/25473361:_____/07:#0000455!RIV08-GA0-25473361
http://linked.open.../vavai/riv/strany
  • 439-458
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GA402/05/2210)
http://linked.open...iv/cisloPeriodika
  • 5
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
  • 431156
http://linked.open...ai/riv/idVysledku
  • RIV/25473361:_____/07:#0000455
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • real convergence; nominal convergence (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [B3D489E06AA3]
http://linked.open...i/riv/nazevZdroje
  • Economic Journal
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...v/svazekPeriodika
  • 2007
http://linked.open...iv/tvurceVysledku
  • Žďárek, Václav
  • Vintrová, Růžena
issn
  • 0013-3035
number of pages
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