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Wyszukujesz frazę "optimum currency areas theory" wg kryterium: Temat


Wyświetlanie 1-2 z 2
Tytuł:
Pogłębianie integracji gospodarczej w strefie euro w świetle teorii optymalnego obszaru walutowego
Deepening of integration in the eurozone in light of the Optimum Currency Areas theory
Autorzy:
Znoykowicz-Wierzbicka, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/10539391.pdf
Data publikacji:
2019
Wydawca:
Kancelaria Sejmu. Biuro Analiz Sejmowych
Tematy:
eurozone
optimum currency areas theory
deepening of integration in the EU
economic governance in the eurozone
Opis:
This article discusses deepening of European integration resulting from the reforms of eurozone in the context of the Optimum Currency Areas (OCA) theory. The paper begins with an outline of the OCA theory crucial findings. The second section discusses the importance of proper selection of monetary union membership criteria. Next, the deepening of the European integration in light of the endogeneity of currency area optimality hypothesis is discussed. The final section emphasizes possible changes in the balance of costs and benefits of monetary integration for countries that have not yet fulfilled the necessary conditions for the adoption of the euro.
Źródło:
Studia BAS; 2019, 3(59); 49-68
2080-2404
2082-0658
Pojawia się w:
Studia BAS
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Determinants of Business Cycles Synchronization in the European Union and the Euro Area
Autorzy:
Beck, Krzysztof
Powiązania:
https://bibliotekanauki.pl/articles/517206.pdf
Data publikacji:
2013
Wydawca:
Instytut Badań Gospodarczych
Tematy:
Business Cycles Synchronization
Theory of Optimum Currency Areas
Convergence
Opis:
Further economic and monetary integration in Europe is currently on hold due to the crisis and even questions about the possible exile of Greece. Especially in those conditions, it is important, to see whether integrated Europe can handle future problems and if economic and monetary integration can be helpful or rather more problematic. The main aim of this paper is to check to what degree business cycles are synchronized in the Eurozone and the European Union and what the main determinants of business cycles synchronization are. To achieve this, the following steps have been taken. Firstly, we turn to optimum currency area theory, to see what conditions need to be met, if the European Union and the euro area can use common monetary policy to deal with some economic shocks. Then, all necessary methodological explanations are presented. Later on, the preliminary data analysis is employed to see how business cycles and their determinants were acting during the last 20 years. Finally, panel data analysis is used to check how those determinants actually influence business cycles synchronization. The main finding of the article is that even though business cycles synchronization has been progressing in the European Union and the euro area so does the specialization – divergence in production structure. This may result in less synchronized business cycles in the future.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2013, 8, 4; 25-48
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
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