Česká republika za několik let vstoupí do Evropské hospodářské a měnové unie. Tato práce je zaměřena především na předvstupní období, během kterého bude muset ČR dosáhnout uspokojivých výsledků v hospodářské oblasti a také se na přijetí eura připravit po stránce technicko-organizační. Před vstupem bude muset ČR dosáhnout určitého stupně vývoje v oblasti nominální konvergence s ohledem na plnění Maastritských kritérií a ani oblast konvergence reálné by neměla být opomenuta. Národní koordinační skupina pracuje v současné době na shrnutí úkolů ve všech oblastech národního hospodářství, které je třeba provést, aby přijetí eura proběhlo bez problémů.

Tématem diplomové práce je zhodnocení vývoje reálné a nominální konvergence ČR k EU a zkoumání připravenosti České republiky na přijetí eura. Práce se zabývá teoretickými koncepty konvergence, jako je zákon jedné ceny, teorie parity kupní síly či Balassa - Samuelsonův model. Shrnuje, která kritéria se k hodnocení procesu konvergence používají, a blíže analyzuje, jak Česká republika plní maastrichtská konvergenční kritéria. V závěru práce jsou shrnuty aktuální problémy hospodářské politiky ČR, které jsou překážkou přijetí společné měny eura. Práce se mimo jiné zabývá otázkou, v jakém časovém horizontu je možné přijetí eura očekávat.

This diploma thesis deals with the prospect of introducing the euro in the Czech Republic under the actual circumstances. The process of entering the Economic and Monetary Union is described, as well as the criteria comparison of nominal and real convergence and the hitherto development of fulfilment of conditions for introducing the euro in the Czech Republic. The other part of the diploma work compares, according to some chosen data, the development of Czech and Slovak Economies in 2004-2008, when both countries had their national currencies, and in 2009 when euro was introduced in the Slovak Republic. The aim of the analysis is to show, whether it is more beneficial for the economy to introduce euro in the current economic crisis and the prospects of euro introduction in the Czech Republic.

This thesis concentrates on theoretical postulates of the Optimum Currency Area theory, mentiones preparedness of the Czech Republic in the area of Maastricht criteria, real convergence, alternative adjustment mechanisms, legislative a institucional preparedness, summarizes actual preparatory work and possible scenarios of the euro-adoption, describes opinions of public and entrepreneurs on euro, mentions experience of Slovenia and Slovakia with new currency and recapitulates the risks of procrastination in this area. Main objective is an analysis of the overall preparedness of the Czech Republic to adopt euro.

This master dissertation deals with broadly discussed topic -- are there really some trade enhancing effects for countries that have adopted the euro? This thesis provides an estimate of the effect of the European Monetary Union on trade, taking into account panel data of 37 economies during sample period 1995 -- 2012. The sample consists of 27 European Union members and 10 non-EU OECD countries. After applying gravity model of trade and controlling for gravity-model-specific influences, the effect of the euro on trade obtained from the results of the estimation is positive and statistically significant 9 per cent.

This paper estimates the determinants of exchange rate variability for 21 developed economies in 1980-1998. The results show that traditional criteria implied by the optimum currency area (OCA) theory, such as business cycle synchronisation, trade linkages and economy size, determine to a large extent bilateral exchange rate variability. Using the ordinary least squares estimation, we compute OCA indices for European economies vis-à-vis Germany and identify countries showing consistently large or little signs of convergence. We find that since 1998, most European developed economies have converged to Germany whether or not they are using the euro, suggesting that structural similarity is not driven solely by monetary integration. Our results from the model estimated by the generalized method of moments suggest that two additional criteria reflecting labour market flexibility and private credit growth are significant in explaining the exchange rate variability and lead to a ranking of countries different from the traditional approach. We find a positive relationship between the OCA indices and GDP decline during the economic crisis of 2008-09, which further supports the view that the OCA index is a useful indicator of the candidates' readiness to join the Euro Area. We apply the results to the...

The relation between the euro cash changeover and the perceived inflation in the Baltic countries Abstract This thesis focuses on the effect of euro cash changeover on inflation perception, and its relation to the inflation measured by central banks or by national statistical offices. We present an analyses of inflation gap in Estonia, Latvia and Lithuania at the euro introduction and detect its determinants by econometric methods. We use Ordinary Least Squares, Random Effects Generalized Least Squares and Fixed Effects estimator. The thesis is divided into two main parts. The first part examines the theoretical background of perceived inflation and focuses at the phenomenon of increased inflation gap at the euro introduction. Second part contains an empirical study on inflation gap. We find out that perceived inflation in Baltic countries does not show such a divergence, as it was presented at the establishment of the Eurozone. Moreover, we find out that education and available income in general has a small, but evincible effect on inflation gap observed at euro introduction.

The main goal of this thesis is to analyze the topic of the endogeneity of OCA criteria with the focus on the Euro area and simulate the adoption of Euro in Czech Republic. The paper is organized as follows. Firstly the theory of the Optimal Currency Area (OCA) and the comparison of the costs and benefits of currency union are explained. In next chapter the literature review is given. The most important and most recent studies dealing with the shock asymmetry and integration, eastern enlargement of European Union and the endogeneity hypothesis are presented. In the fourth chapter the Euro adoption in Czech Republic is simulated. According to studies handling with the Euro introduction the expectations of the impact of Euro adoption in the Czech economy are presented. The fourth chapter includes the description of the data, the model and results.

Estudi de conjunt de la figura i l'obra de fra Agustí Eura i a l'edició crítica de la seva poesia completa. La tesi està publicada en 2 obres impreses. Les referències es localitzen a Qüern 5, refs. 1298 i 1301

The thesis analyzes the development of the Spanish economy during the crisis due to the impact of the introduction of the euro, both in the years of prosperity and subsequently in the years of the biggest recession, which significantly affected many sectors of the economy, mostly construction, real estate market and the labor market. The thesis consists of three chapters. The first chapter describes the economy of Spain based on the representation of individual sectors and development of the basic indicators of the economy before and after the adoption of the common currency of the Union. In the second chapter, the thesis focuses on the real estate market, which depends on developments in the construction industry that is closely connected with the banking sector, while it was particularly the situation in the mortgage market that had a decisive impact on the negative development of the national economy. The third chapter describes the labor market and the impact of the crisis of overproduction on unemployment rate, particularly among young people. It also presents the current problems and the recently adopted reform of the labor market.