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Found 2 search results for: exchange rate regimes
Michał Jurek (2013/2, Articles,
The article aims to analyze what macroeconomic circumstances support the maintenance of stable exchange rate of CEE countries currencies against the euro. In order to achieve this target, the author presents the evolution of the exchange rate regimes in CEE countries in the period of 1999-2011, as well as the results of logit analysis used in order to reveal what macroeconomic features (...)
Michał Jurek (2010/3, Articles,
Limitation of the Autonomy of Monetary Policy in Financial Integration
The aim of the paper is to analyze the possibilities of overcoming the asymmetric shocks under fully fixed and fully floating exchange rate regimes, taking into consideration increasing financial integration which results in mounting capital flows. The analysis is based on the use of the Mundell-Fleming model within the framework of the theory of Optimum Currency Areas. The main conclusion (...)
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