Measuring Nominal and Real Convergence of Selected CEE Countries by the Taylor Rule
We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and heterogeneity between the countries. Especially P...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2016-12-01
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Series: | International Journal of Management and Economics |
Subjects: | |
Online Access: | https://doi.org/10.1515/ijme-2016-0024 |