Theoretical and Applied Economics
No. 1 / 2007 (506)
Adopting the Euro: Costs or Benefits?
Aura Socol
Academia de Studii Economice Bucuresti
Abstract. This paper presents the main costs and benefits of accession to the EMU countries, different transmission mechanisms of monetary policy measures villages as national fiscal policies and the procedures for quantifying the effects of these measures on the real economy. Are costs caused by the occurrence of asymmetric shocks, different preferences of countries of inflation and unemployment and due to institutional differences in the labor market or something to with different rates of growth. The resulting benefits are presented after elimination of transaction costs and decrease welfare gains due to uncertainty after joining the EMU.
Contents
Behavioral Finances versus Technical and Fundamental Analysis
Systemic Models of Local Development
Price Strategies in Banking Marketing
Effects of Private Pension Funds to Emergent Markets
Analysis of Public Sector Performances
Adopting the Euro: Costs or Benefits?
The System of Public Acquisitions by Means of Electronic Bids in the Light of European Regulations
Levels and Atypical Evolutions of the Romanian Demographic Processes
Strategic Methods to Reduce Globalization Company Risk: Alliances
Financial Ratio Analysis: the Development of a Dedicated Management Information System
The Role and Importance of the Lease Towards the Farms’ Size Increase
Operationalisation the Romanian Employment Strategy – Target for European Union Integration
The Impact of STN on Developing Markets in Relation with Globalization