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Would Fast Sailing towards the Euro Be Smooth What Fundamental Real Exchange Rates Tells Us about Acceding Economies.
The study predicts that the Czech Republic is likely to experience difficulties during its stay in the Exchange Rate Mechanism (ERM II) if it was to introduce it too soon after the EU entry.
| Link | http://ies.fsv.cuni.cz/st…3_wp64_smidkova_bulir.pdf |
|---|---|
| Author | mdkov, K., Bul, A |
| Date | 2004 |
| Institute | Institute of Economic Studies |
| Tags | czech, exchange, rate, EU, entrance |
See also
- Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact
- Credibility of Exchange Rate Policies in Selected EU New Members: Evidence from High Frequency Data
- Real Equilibrium Exchange Rates: To What Extent Applicable for Setting Central Parity
- Differences in productivity and its determinants among firms from the Czech Republic, Hungary, Poland and Germany. The case of the cosmetics industry
- Panel Estimations of PPP and Relative Price Models for CEECs: Lessons for Real Exchange Rate Modelling.
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