Alternative Monetary Strategies before EMU Membership in Central Europe

Novák, Zsuzsanna (2011) Alternative Monetary Strategies before EMU Membership in Central Europe. Global Business & Economics Anthology, 2 (2). pp. 414-424.

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As more and more transition coutries join the eurozone it is becoming reasonable to investigate what monetary policy might be most successful for countries prior to the introduction of the euro. One possible alternative is inflation targeting, which has found application in numerous economies in the last two decades, including the Visegrád Countries. In this paper I am introducing some important aspects and an empirical examination of the monetary policy of the Visegrád Countries. I am providing an overview of previous empirical findings and trying to make some comparisons of new EU and recommendations for pre-accession countries, such as Croatia.

Item Type:Article
Uncontrolled Keywords:inflation targeting, monetary regimes, inflation convergence and volatility
Divisions:Faculty of Economics > Department of Finance
Subjects:Economic policy
ID Code:770
Deposited By: Ádám Hoffmann
Deposited On:19 Jul 2012 14:43
Last Modified:04 Sep 2012 14:08

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