Macroeconomic consequences of the adoption of the Euro: The case of Slovenia

被引：1
|
作者：
Weyerstrass K. [1 ]
Neck R. [2 ]
机构：
[1] Institute for Advanced Studies (IHS), A-1060 Vienna
[2] Department of Economics, Klagenfurt University, A-9020 Klagenfurt
来源：
International Advances in Economic Research | 2008年 / 14卷 / 1期
关键词：
Euro Area; Macroeconometric model; Slovenia;
D O I：
10.1007/s11294-007-9131-x
中图分类号：
学科分类号：
摘要：
On 1 January 2007, Slovenia adopted the euro as the first of the ten new EU member states. By means of simulations with SLOPOL6, a macroeconometric model of the Slovene economy, this paper examines the macroeconomic consequences that can be expected from this event. It is shown that after a short period of minor turbulences related to the introduction of the euro, the adoption of the euro brings about higher real GDP growth, a higher GDP level, more employment, lower inflation, a lower price level and improved public finances in the medium run. On the other hand, the current account deteriorates. © International Atlantic Economic Society 2007.
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页码：1 / 10
页数：9
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