The main objective is to assess the current situation of real and nominal conver-gence Czech Republic and selected countries of the euro area average. In assessing the real convergence of the work focuses on measuring the synchronization of business cycles and structural convergence. Measuring the synchronization of bussines cycles is done in the spirit of the modern concept of OCA theory. When assessing structural convergence is assessed similarities development of sectoral structures and the intensity of intra-industry trade. In nominal convergence are critical Maastricht convergence criteria and the development of the index CPL. While the analysis of convergence shows a high business cycle synchronization and the convergence trend in most countries and developments in the field of structural convergence points to ongoing differences in industrial specialization among the surveyed countries, which could lead to an increased risk of asymmetric shock in case membership in a monetary union.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:431342 |
Date | January 2017 |
Creators | Dufek, Josef |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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