Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/123333 
Year of Publication: 
2015
Series/Report no.: 
Discussion Paper No. 377
Publisher: 
European University Viadrina, Department of Business Administration and Economics, Frankfurt (Oder)
Abstract: 
We derive Taylor rates for those CEE-EU countries which are not part of the Eurozone. The degree of heterogeneity decreased tremendously over time (2005 - 2015). Nevertheless, the business cycles are still not fully synchronized. As a consequence, joining the Eurozone seems to be premature and should not be an option right now.
Subjects: 
CEE
monetary policy
currency union
convergence
Taylor rule
JEL: 
E52
E58
F15
Document Type: 
Working Paper

Files in This Item:
File
Size
660.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.