Impact of the Financial Crisis on the Convergence of the Czech Economy with the Euro Area Economy

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Impact of the Financial Crisis on the Convergence of the Czech Economy with the Euro Area Economy

Popis výsledku v původním jazyce

In 2004 the Czech Republic has become one of the EU Member States but so far has not accepted the single currency. The fulfillment of the Maastricht convergence criteria is the exhaustively defined condition for the adoption of the euro. Given that thesecriteria are very often criticized, the real convergence is examined at countries that want to become a member state of the euro area. The process of the economic convergence has been certainly affected by the financial crisis. Thus, this article will be focused on analyzing and evaluating the impact of the financial crisis on the convergence of the Czech economy to the economy of the euro area (EA17). The convergence process will be verified by econometric models with the use of the panel analysis. Itwill be focused on the research of the economic level, the price level of investments and the openness of examined economies.

Název v anglickém jazyce

Impact of the Financial Crisis on the Convergence of the Czech Economy with the Euro Area Economy

Popis výsledku anglicky

In 2004 the Czech Republic has become one of the EU Member States but so far has not accepted the single currency. The fulfillment of the Maastricht convergence criteria is the exhaustively defined condition for the adoption of the euro. Given that thesecriteria are very often criticized, the real convergence is examined at countries that want to become a member state of the euro area. The process of the economic convergence has been certainly affected by the financial crisis. Thus, this article will be focused on analyzing and evaluating the impact of the financial crisis on the convergence of the Czech economy to the economy of the euro area (EA17). The convergence process will be verified by econometric models with the use of the panel analysis. Itwill be focused on the research of the economic level, the price level of investments and the openness of examined economies.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2012

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 13th International Conference on Finance and Banking : 12-13 October 2011, Ostrava, Czech Republic

ISBN

978-80-7248-753-0

ISSN

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e-ISSN

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Počet stran výsledku

11

Strana od-do

69-79

Název nakladatele

Silesian University, School of Business Administration

Místo vydání

Karviná

Místo konání akce

Ostrava

Datum konání akce

12. 10. 2011

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000309369700007