PL EN


2009 | 22 | 75-103
Article title

FOUR YEARS AFTER EXPANSION: ARE CZECH REPUBLIC, HUNGARY AND POLAND CLOSER TO CORE OR PERIPHERY OF EMU?

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Languages of publication
EN
Abstracts
EN
In this paper the author tries to check readiness of three Central and Eastern Europe countries, Czech Republic, Hungary and Poland, to introduce European single currency, euro. As a background in the macroeconomic field he uses Optimal Currency Area Theory and in the mathematical field three procedures and models: Stock and Watson unobserved component model, spectral and cross-spectral analysis and cluster analysis. Achieved results allow to state that four years after EU expansion three new countries are rather similar to EMU periphery countries like Italy, Portugal, Spain and Greece than to EMU core economies like Austria, Belgium, Denmark, Germany France and Netherlands.
Year
Issue
22
Pages
75-103
Physical description
Document type
ARTICLE
Contributors
  • Marcin Lupinski, Uniwersytet Warszawski, Wydzial Nauk Ekonomicznych, ul. Dluga 44/50, 00-241 Warszawa, Poland
References
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Publication order reference
Identifiers
CEJSH db identifier
10PLAAAA07225
YADDA identifier
bwmeta1.element.c4ce7bfb-7a4e-3606-a910-4dcf3763fb0f
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