Results 1 to 10 of about 21,664 (282)

Optimum currency areas, real and nominal convergence in the European Union [PDF]

Notas Económicas, 2015
It is well known and widely accepted by economists that the characteristics of the countries of the European Monetary Union (EMU) created in 1999 did not match the requirements of an Optimum Currency Area (OCA).
João Sousa Andrade, António Portugal Duarte   +1 more
doaj   +6 more sources

Nominal convergence in post-accession Romania [PDF]

Annals of Spiru Haret University Economic Series, 2011
This paper aims to analyze the achievement of nominal convergence criteria by the Romanian economy, as well as the macroeconomic effects caused by the strong targeting of these criteria.
Ion Lucian CATRINA
doaj   +4 more sources

Romania and the Eurozone Accession: The Nominal Convergence Criteria [PDF]

Ovidius University Annals: Economic Sciences Series
Through the Treaty of Accession to the European Union, Romania has committed to adopt the European currency. The purpose is to analyze how Romania meets the nominal convergence criteria necessary for the admission to the eurozone. Romania has postponed
Tiberiu-Cristian Avrămescu
doaj   +3 more sources

Nominal and real stochastic convergence of transition economies [PDF]

Journal of Comparative Economics, 2004
Abstract To investigate the sensitivity of real and nominal economic convergence of transition economies to model specification and restrictions, we extend the work of Kocenda [J. Compar. Econ. 29 (2001) 1] by considering a more stable, post-1993 period and by adopting a more recent panel estimation approach.
Ali M Kutan, Taner M Yigit
exaly   +4 more sources

Uncertainty and the Price of Risk in a Nominal Convergence Process [PDF]

SSRN Electronic Journal, 2008
In this paper we decompose nominal interest rates into real risk-free rates, inflation expectations and risk premia using an affine model that takes as factors the observed inflation rate and the parameters generated in the zero yield curve estimation.
Ricardo Gimeno, José Manuel Marqués
openaire   +3 more sources

REAL CONVERGENCE VERSUS NOMINAL CONVERGENCE - A COMPARATIVE ANALYSIS [PDF]

Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2012
The main purpose of this study is to quantify and analyze the gap between the developmentregions of Romania through formulas that reveal the existence or not of the convergence types.The statistical data were obtained from the National Institute of ...
Ceausescu Ionut
doaj   +1 more source

Nominal Convergence – Are We Getting Closer? [PDF]

Ovidius University Annals: Economic Sciences Series, 2020
All countries that joined the European Union are obligated to adopt the euro currency, except for Denmark that benefits from an opt-out clause. Presently, there are eight EU Member states that are not part of the euro zone: Bulgaria, Croatia, Czechia ...
Otilia Georgiana Floroiu
doaj   +1 more source

THE NOMINAL CONVERGENCE CRITERIA AND ROMANIA'S COMPATIBILITY WITH THE EURO AREA [PDF]

Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2022
The developments in recent years in Romania regarding price stability, sound public finances, exchange rate stability and the convergence of long-term interest rates have significantly influenced the process of switching to the euro.
LUCIAN-ION MEDAR, IRINA-ELENA CHIRTOC
doaj   +1 more source

Nominal and real price convergence in Romania – Statistical evaluation - [PDF]

Revista Română de Statistică, 2015
The creation of both the Economic and Monetary Union and of the single common market have meant two very important steps in getting a more and more compact Union.
Mihai Gheorghe
doaj   +1 more source

Real and Nominal Convergence of the Cee Countries [PDF]

Politicka Ekonomie, 2007
Růžena Vintrova
exaly   +2 more sources