| Author(s): |
† prof. Ing. Michal Mejstřík CSc.,
|
| Type: |
Articles in journals with impact factor |
| Year: |
2000 |
| Number: |
6 |
| ISSN / ISBN: |
ISSN 0015-1920 |
| Published in: |
Czech Journal of Economics and Finance - Finance a uver ,vol.50, No.6 |
| Publishing place: |
Praha |
| Keywords: |
financial markets; international finance; EMU |
| JEL codes: |
E5, G10, F30 |
| Suggested Citation: |
Mejstrik M., Macroeconomic and Financial Aspects of Euro-Area Development-- In Czech),Czech Journal of Economics and Finance (Finance a uver),vol.50, No.6,2000, ISSN 0015-1920 |
| Grants: |
402/99/0606 (1999-2001) The Cultivation of the Financial markets in the Czech Republic.
|
| Abstract: |
This paper describes euro-area financial development based on the implementation of the third stage of the European Monetary Union. A survey of studies conducted by the European Central Bank is presented, complemented by a summation of a number of related academic papers, including those of the 22nd SUERF Colloquium. The author focuses on the impact of single currency on the structure of financial markets, confirming the faster-than-expected growth of the euro on the capital market, and discusses the remaining rigidity as well as newly born risks. |
