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The Structural Convergence of New Members of the European Union: An Input-Output Perspective
Economies, 2023 This paper aims to approach the topic of structural convergence for new member states from the perspective of input-output analysis. Using a set of input-output measures, based on the OECD RStan database, and a number of unit-root tests, both for ...
Petre Caraiani
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Convergence, capital accumulation and the nominal exchange rate [PDF]
Journal of International Money and Finance, 2013 This paper develops a ‡exible price, two-sector growth model with a nominal side in order to study the role of the exchange rate regime in transition dynamics (capital and …nancial wealth accumulation). We adopt a standard model of a small open economy with traded and nontraded goods, and enrich its structure with costly investment and a preference for
Péter Benczúr, István Kónya
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EURO ADOPTION – THE ILLUSION OF THE MONETARY INTEGRATION OF ROMANIA [PDF]
CES Working Papers, 2012 The accession to the European Union for Central and Eastern Europe countries involved their requirement to start the process of the European Monetary Union integration. The desire to enjoy the benefits of EU membership has made both the 10 countries that
Cristina Duhnea +2 more
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Reflections on Croatia's Accession to the Euro Area [PDF]
Ovidius University Annals: Economic Sciences Series, 2023 Accession to the Economic and Monetary Union, although a historical process, is always a current and dynamic one, its challenges being each time complex and distinct due to the different circumstances in which this event occurs. The article's objective
Adina Criste , Iulia Lupu
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Macroeconomic Sources of Foreign Exchange Risk in New EU Members [PDF]
, 2007 We address the issue of foreign exchange risk and its macroeconomic determinants in several new EU members. The joint distribution of excess returns in the foreign exchange market and the observable macroeconomic factors is modeled using the stochastic ...
Kocenda, Evzen, Poghosyan, Tigran
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Romania’s Dilemmas in Perspective of EMU Integration [PDF]
Theoretical and Applied Economics, 2006 Our study evaluates the trade-off between real and nominal convergence in transition countries relating European integration (case of Romania). The potential conflict between Maastricht criteria and the possibility to obtain a faster real convergence ...
Aura Niculescu, Cristian Socol
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THE PROSPECT OF THE ACCESSION OF ROMANIA TO THE EUROPEAN MONETARY UNION - AN APPROACH IN TERMS OF REAL CONVERGENCE [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2014 Joining the European Monetary Union and adopting the unique currency - euro requires the states to meet a set of real and nominal convergence criteria. Although the real convergence criteria are not mentioned in the Treaty of Maastricht, they planned
ANISOARA NICULINA APETRI +2 more
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Geodesy and Geodynamics, 2023 Stochastic models play an important role in achieving high accuracy in positioning, the ideal estimator in the least-squares (LS) can be obtained only by using the suitable stochastic model.
Kamal Parvazi +2 more
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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
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Molecular Oncology, EarlyView.Glioma cells mainly express the endothelin receptor EDNRB, while EDNRA is restricted to a perivascular tumor subpopulation. Endothelin signaling reduces glioma cell proliferation while promoting migration and a proneural‐to‐mesenchymal transition associated with poor prognosis. This pathway activates Ca2+, K+, ERK, and STAT3 signalings and is regulated
Donovan Pineau +36 more
wiley +1 more source