期刊名称：International Journal of Management and Economics
电子版ISSN：2299-9701
出版年度：2016
卷号：52
期号：1
页码：9-22
DOI：10.1515/ijme-2016-0024
语种：English
出版社：Walter de Gruyter GmbH
摘要：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 Poland has shown a high degree of convergence in recent years. But there are still relevant differences in Taylor rates of each country to the Eurozone of about two percentage points.
关键词：CEE ; monetary policy ; currency union ; convergence ; Taylor rule ; E52 ; E58 ; F15
