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THE ECONOMIC BALANCE OF THE CZECH REPUBLIC AND SLOVAKIA DURING THE ECONOMIC CRISIS.

Authors :
Bolotov, llya
Čajka, Radek
Gajdušková, Kateřina
Source :
Prague Economic Papers; Dec2013, Vol. 22 Issue 4, p504-523, 20p
Publication Year :
2013

Abstract

The article discusses the comparison between the macroeconomic performance of Czech Republic and Slovakia during the economic crisis. The empirical verification of the model of effective market classification (EMC) by Robert Mundell was used as theoretical reference to attain the balance through the fiscal and monetary policy of the two countries. The economic imbalances were properly coped by Czech Republic compared to Slovakia due to the independence of the monetary policy of the former.

Details

Language :
French
ISSN :
12100455
Volume :
22
Issue :
4
Database :
Supplemental Index
Journal :
Prague Economic Papers
Publication Type :
Academic Journal
Accession number :
94489979
Full Text :
https://doi.org/10.18267/j.pep.465