Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/40295 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorWeimann, Marcoen
dc.date.accessioned2010-07-27-
dc.date.accessioned2010-09-24T14:30:12Z-
dc.date.available2010-09-24T14:30:12Z-
dc.date.issued2003-
dc.identifier.urihttp://hdl.handle.net/10419/40295-
dc.description.abstractThe accession of several Central and Eastern European Countries to Euroland is likely to be realised within the next years. Some studies aim at analysing the suitability of these Euro aspirants for currency union with EMU by evaluating the related macroeconomic costs. Still, they are prone to the Lucas critique since they do not consider endogeneity of the relevant criteria. We build on methodologies developed with regard to the theory of optimum currency areas in the context of present EMU and use a structural VAR approach to evaluate EMU suitability of the candidate countries. To correct for the widespread flaw of previous studies we use lagged time series to account for endogeneities. An evaluation of the changing country characteristics within the process of integration in Western Europe confirms the importance of this approach.en
dc.language.isoengen
dc.publisher|aDeutsche Bank Research |cFrankfurt a. M.en
dc.relation.ispartofseries|aResearch Notes |x8en
dc.subject.jelE42en
dc.subject.jelF33en
dc.subject.jelF36en
dc.subject.ddc330en
dc.subject.keywordOCAen
dc.subject.keywordEMUen
dc.subject.keywordshock analysisen
dc.subject.keywordEastern enlargementen
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen
dc.subject.stwEU-Erweiterungen
dc.subject.stwOptimaler Währungsraumen
dc.subject.stwSchocken
dc.subject.stwWirtschaftliche Anpassungen
dc.subject.stwSchätzungen
dc.subject.stwOsteuropaen
dc.titleOCA theory and EMU Eastern enlargement: An empirical application-
dc.typeWorking Paperen
dc.identifier.ppn821774697en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:dbrrns:8en

Files in This Item:
File
Size
867.14 kB





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