English, Article, Journal or magazine article edition: Nominal Convergence Iancu, Aurel

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Bookmark: http://trove.nla.gov.au/version/91984
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Nominal Convergence
Author
  • Iancu, Aurel
Physical Description
  • preprint
Notes
  • RePEc:ror:wpince:090602
  • After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the convergence criteria in accordance with the Maastricht Treaty. Then, the study deals with a topic often discussed in the scientific literature and included on the agenda of decision-makers at various levels, in order to clarify the following major issues: a shorter transition to the euro, the exchange rate equilibrium versus the inflation rate diminution and the Balassa-Samuelson effect, the exchange rates and the exchange rate deviation index, evidences concerning the real exchange rate equilibrium and the appreciation of the exchange rate in the CEE countries. * Study within the CEEX Programme – Project No. 220/​2006 “Economic Convergence and Role of Knowledge in Relation to the EU Integration”.
  • convergence criteria, exchange rate, exchange rate mechanisms, Euro Area, Balassa-Samuelson effect, tradable goods, non-tradable goods, exchange rate deviation index, purchasing power parity.
  • RePEc:ror:wpince:090103
Language
  • English
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