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@article{5801, author = {Mentlík, Roman and Helísek, Mojmír}, article_location = {USA}, article_number = {2017}, keywords = {euro area enlargement; nominal and real convergence; actual and perceived inflation}, language = {eng}, issn = {2169-0367}, journal = {Journal of Eastern Europe Research in Business & Economics}, title = {The risk of increasing inflation as a barrier for the Czech Republic's accession to the euro area}, url = {http://ibimapublishing.com/articles/JEERBE/2017/433556/}, volume = {Neuveden}, year = {2017} }
TY - JOUR ID - 5801 AU - Mentlík, Roman - Helísek, Mojmír PY - 2017 TI - The risk of increasing inflation as a barrier for the Czech Republic's accession to the euro area JF - Journal of Eastern Europe Research in Business & Economics VL - Neuveden IS - 2017 SP - 1-18 EP - 1-18 PB - IBIMA Publishing SN - 21690367 KW - euro area enlargement KW - nominal and real convergence KW - actual and perceived inflation UR - http://ibimapublishing.com/articles/JEERBE/2017/433556/ L2 - http://ibimapublishing.com/articles/JEERBE/2017/433556/ N2 - The Czech economy is ready to adopt the euro. The reasons for the postponement of the euro adoption process are merely political. People are skeptical when it comes to the euro (also in the light of the existing debt crisis in the euro area); consequently, political institutions do not promote the euro introduction. Concerns thus remain. We can expect analogical development in the Czech Republic as that of Slovakia or Slovenia, as these economies are similar. Actual inflation did not increase in either of the two countries; however, the perceived inflation was quite high. The prospect of the euro introduction depends on how to avoid worries about inflationary implications of the introduction of the euro. The communication and information campaign should focus on eliminating the concerns about the euro introduction. ER -
MENTLÍK, Roman and Mojmír HELÍSEK. The risk of increasing inflation as a barrier for the Czech Republic's accession to the euro area. \textit{Journal of Eastern Europe Research in Business \&{} Economics}. USA: IBIMA Publishing, 2017, Neuveden, No~2017, p.~1-18. ISSN~2169-0367.
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