IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v1y2008i4p399-411.html
   My bibliography  Save this article

Monetary reality and economic adaptability of new entrants to the EU

Author

Listed:
  • Shahdad Naghshpour
  • Joseph J. St. Marie

Abstract

The New EU entrants have face obstacles such as adjusting to a market economy, integration into The EU, and a single currency, to name a few. One major obstacle is the fact that the voting members consist of the six Executive Board members, and the 12 chairmen of the central banks of the original countries. In any given period this gives two votes to six of the original 12 countries. However, new members have no voting rights. This paper uses the Taylor Rule to determine if the monetary policies of the ECB match the economic realities of the EU new members.

Suggested Citation

  • Shahdad Naghshpour & Joseph J. St. Marie, 2008. "Monetary reality and economic adaptability of new entrants to the EU," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 1(4), pages 399-411.
    • Handle: RePEc:ids:ijmefi:v:1:y:2008:i:4:p:399-411
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=21147
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmefi:v:1:y:2008:i:4:p:399-411. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=218 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.