FOREIGN TRADE OF SMALL AND MEDIUM ENTERPRISES UNDER CONVERGENCE PROCESS
The accession of Poland to the Euro Zone is a necessary, strategic condition, causing far-reaching consequences for the economy as a whole, but also for individual market participants.
Monika Walicka
doaj +1 more source
European Monetary Union: Nominal Convergence, Real Divergence and Slow Growth? An investigation into the effects of changing macroeconomic policy institutions associated with monetary union [PDF]
It is by now widely accepted that the structural characteristics of the countries to become the euro area did not adhere to the conditions of an optimum currency area (OCA) when the euro was introduced in 1999.
Achim Truger, Eckhard Hein
core
Price Level Convergence and Inflation in Europe [PDF]
Consumer price inflation in the euro area declined steadily during most of the 1990s. However, in the last two years, both headline and core inflation have risen throughout the area, and sizable cross-country differences in inflation have re-emerged ...
Erika Wada +2 more
core
Optimal Spatial Allocation of Labour Force and Employment Protection Legislation (EPL)
The paper introduces a model of how workers rationally decide to which country within an area of monetary and economic integration they will move for the purposes of living and working.
Gamito Carlos Coca, Baltos Georgios
doaj +1 more source
Synchronization of Economic Sentiment Cycles in the Euro Area: a time-frequency analysis [PDF]
We use wavelet tools and Economic Sentiment Indicators to study the synchronization of economic cycles in the Euro Area. We assess the time-varying and frequency-varying pattern of business cycles synchronization in the Area and test the impact of the ...
Luís Aguiar-Conraria +2 more
core
The Inflationary Consequences of a Currency Changeover on the Catering Sector: Evidence from the Michelin Red Guide [PDF]
This paper examines the inflationary consequences of a currency changeover in the catering market. Empirical evidence from the Michelin Red Guide shows that: i) differently from restaurants in non-euro countries, restaurants in the euro area experienced ...
Fabrizio Adriani +2 more
core
Monetary integration in Eastern and Southern Africa: choosing a currency peg for COMESA [PDF]
African countries involved in monetary integration projects have been advised to peg their currencies against an external anchor before the definite fixing of exchange rates.
Carlos Vieira, Isabel Vieira
core
THE FDI ROLE IN STIMULATING THE INTEGRATION PHENOMENON [PDF]
The purpose of the study is to demonstrate that the reference rate influences significantly the economic evolution of a country or some large areas on which that currency circulates; we mean euro and US dollar. The monetary policy regarding the reference
Emilian M. DOBRESCU
doaj
The US dollar, the euro, and the yen: An evaluation of their present and future status as international currencies [PDF]
The process of European integration and especially the introduction of the euro as the single currency for up to now 12 member countries of the EU in 1999 may alter the existing clear currency hierarchy. The euro area is comparable in size to the US with
Beckmann, Rainer +2 more
core +1 more source

