This dissertation is based on the perspective of the new theory of optimum currency areas (OCA) and the coherence of business cycles is considered as a prerequisite for creating monetary union. The OCA theory is applied both to the EU countries and US states and census regions. Measuring the coherence of business cycles was performed using a composite indicator, which consists of business cycles synchronicity and similarity indices. Cluster analysis was performed to identify groups of countries with similar characteristics of business cycles.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:176926 |
Date | January 2012 |
Creators | Najman, Nikola |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/doctoralThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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