About: Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	This policy paper deals with the main strategic issues for monetary policy in new EU member states before their euro adoption. These are typically rooted in the challenge of ful- filling concurrently of the Maastricht inflation and exchange rate criteria. In this paper we first put forward that these criteria are vaguely defined and distinguish between the wording, written interpretation and ?revealed? interpretation (by the European authorities) of these criteria. Next, the paper contain the comprehensive discussion of the strategic options for monetary policy in the period of fulfilment of these criteria in terms of (i) its transparency, (ii) its continuity with the previous monetary policy regime, (iii) the choice of central parity for the ERM II, (iv) the setting of the fluctuation bandwidth, (v) the probability of fulfilment of both criteria and (vi) the impact on the autonomy of monetary policy. This policy paper deals with the main strategic issues for monetary policy in new EU member states before their euro adoption. These are typically rooted in the challenge of ful- filling concurrently of the Maastricht inflation and exchange rate criteria. In this paper we first put forward that these criteria are vaguely defined and distinguish between the wording, written interpretation and ?revealed? interpretation (by the European authorities) of these criteria. Next, the paper contain the comprehensive discussion of the strategic options for monetary policy in the period of fulfilment of these criteria in terms of (i) its transparency, (ii) its continuity with the previous monetary policy regime, (iii) the choice of central parity for the ERM II, (iv) the setting of the fluctuation bandwidth, (v) the probability of fulfilment of both criteria and (vi) the impact on the autonomy of monetary policy. (en)
Title	Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits (en)
skos:prefLabel	Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits (en)
skos:notation	RIV/61989100:27510/09:00020893!RIV10-MSM-27510___
http://linked.open...avai/riv/aktivita	V Z
http://linked.open...avai/riv/aktivity	V, Z(MSM0021620841)
http://linked.open...iv/cisloPeriodika	2
http://linked.open...vai/riv/dodaniDat	2010
http://linked.open...aciTvurceVysledku	Kotlán, Viktor Frait, Jan
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Vysoká škola báňská - Technická univerzita Ostrava / Ekonomická fakulta
http://linked.open...dnocenehoVysledku	327288
http://linked.open...ai/riv/idVysledku	RIV/61989100:27510/09:00020893
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Monetary policy; euro adoption; ERM II; EU (en)
http://linked.open.../riv/klicoveSlovo	EU euro adoption Monetary policy ERM II
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[CC84ED3CC631]
http://linked.open...i/riv/nazevZdroje	AUCO Czech Economic Review
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	6 (xsd:int)
http://linked.open...UplatneniVysledku	2009
http://linked.open...v/svazekPeriodika	3
http://linked.open...iv/tvurceVysledku	Frait, Jan Skořepa, Michal Horváth, Roman Kotlán, Viktor Antal, Juraj Filáček, Jan
http://linked.open...n/vavai/riv/zamer	Development of the Czech Society in the EU: challenges and risks
issn	1802-4696
number of pages	22 (xsd:int)
http://localhost/t...ganizacniJednotka	27510
is http://linked.open...avai/riv/vysledek of	Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits

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