CEU Electronic Theses and Dissertations, 2008
| Author | Madzarevic, Igor |
|---|---|
| Title | SHOULD SERBIA ADOPT EURO BEFORE ENTERING EU? |
| Summary | This thesis analyzes if Serbia should early unilaterally adopt Euro as official currency before entering European Union. The research is done by looking at business cycles of countries that joined European Union at 2004, the ones that joined in 2007 with addition of Croatia and Serbia. Moreover, these countries’ business cycles are compared to old European Union members’. The estimations are based on simple Vector Autoregressive model. The data covers periods from first quarter of 1997 until second quarter of 2007 for most of the countries. However, few countries cover somewhat shorter time period. Having in mind analysis throughout whole thesis work and applying it to the case of Serbia, the conclusion is reached that it would be beneficial if Serbia would adopt euro before entering European Union. |
| Supervisor | Julius Horvath |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2008/madzarevic_igor.pdf |
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