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Challenges for the new EU member states on the road to the Eurozone

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  • Václav Žďárek

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    File URL: http://hdl.handle.net/10.1007/s10368-009-0137-0
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    Bibliographic Info

    Article provided by Springer in its journal International Economics and Economic Policy.

    Volume (Year): 6 (2009)
    Issue (Month): 2 (July)
    Pages: 157-177

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    Handle: RePEc:kap:iecepo:v:6:y:2009:i:2:p:157-177

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    Web page: http://www.springerlink.com/link.asp?id=111059

    Related research

    Keywords: Nominal and real convergence; Relative price level; New member states; Euro adoption; O11; E31; E52; F15;

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    1. Ctirad Slavík, 2007. "Real convergence of the Czech republic to the EU in comparison with the other new member countries," Politická ekonomie, University of Economics, Prague, vol. 2007(1), pages 23-40.
    2. Honohan, Patrick & Lane, Philip R., 2004. "Exchange Rates and Inflation Under EMU: An Update," CEPR Discussion Papers 4583, C.E.P.R. Discussion Papers.
    3. Daniel Daianu & Laurian Lungu, 2009. "The Monetary Union: The Decade Ahead. The Case of Non-Member States," William Davidson Institute Working Papers Series wp947, William Davidson Institute at the University of Michigan.
    4. Philip R. Lane, & Patrick Honohan, 2003. "Divergent Inflation Rates in EMU," The Institute for International Integration Studies Discussion Paper Series iiisdp05, IIIS.
    5. Roman Horváth & Kamila Koprnická, 2008. "Inflation Differentials in New EU Member States: Empirical Evidence," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 58(07-08), pages 318-328, Oktober.
    6. Lewis, John, 2009. "Hitting and hoping?: Meeting the exchange rate and inflation criteria during a period of nominal convergence," European Journal of Political Economy, Elsevier, vol. 25(4), pages 508-524, December.
    7. Kenneth Rogoff, 1996. "The Purchasing Power Parity Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 647-668, June.
    8. Bergstrand, Jeffrey H, 1991. "Structural Determinants of Real Exchange Rates and National Price Levels: Some Empirical Evidence," American Economic Review, American Economic Association, vol. 81(1), pages 325-34, March.
    9. Anne-Marie Brook, 2005. "The Challenges of EMU Accession Faced by Catching-up Countries: A Slovak Republic Case Study," OECD Economics Department Working Papers 444, OECD Publishing.
    10. György Szapáry, 2000. "Maastricht and the Choice of Exchange Rate Regime in Transition Countries During The Run-Up to EMU," MNB Working Papers 2000/7, Magyar Nemzeti Bank (the central bank of Hungary).
    11. Canzoneri, Matthew B & Diba, Behzad & Fudey, Gwen, 1996. "Trends in European Productivity and Real Exchange Rates: Implications for the Maastricht Convergence Criteria and for Inflation Targets after EMU," CEPR Discussion Papers 1417, C.E.P.R. Discussion Papers.
    12. Piritta Sorsa, 2006. "Macroeconomic Challenges with Eu Accession in Southeastern Europe," IMF Working Papers 06/40, International Monetary Fund.
    13. Tomas Holub & Martin Cihak, 2003. "Price Convergence: What Can the Balassa-Samuelson Model Tell Us?," Working Papers 2003/08, Czech National Bank, Research Department.
    14. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72, pages 584.
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    Cited by:
    1. Mihai Rebiga, 2010. "Is Romania Ready for Adopting Euro?," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.

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