This diploma thesis has an ambition to evaluate the nominal, real and structural convergence process of the Visegrad group (also known as V4) countries to the euro area. It also discusses theoretical and methodological issues relating to this process. The first part of this paper deals with some theories which has just started to work with the concept of convergence and were imaginary springboard for the development of other theories. It analyses the Solow growth model that assume convergence between developed and developing countries. This chapter offers a general overview of real convergence measurement, which will be used by evaluation of convergence or divergence process in the V4 countries. We will not observe only the progress of real convergence. In the second part of this thesis we will also examine the nominal convergence trough the price level growth and development of inflation in comparison to the euro area. Next part focuses on identifying relationship between real and nominal convergence due to Balassa-Samuelson effect. The optimum currency area and selected structural parameters of the convergence process will be subject of the final part of this thesis, which will complete our observations of the real, nominal and structural convergence in the V4 countries.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:124869 |
| Date | January 2012 |
| Creators | Staník, Damián |
| Contributors | Mandel, Martin, Škop, Jiří |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Slovak |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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