Evaluation of optimal monetary policy strategy in Romania in the context of fulfilment of convergence criteria

Evaluation of optimal monetary policy strategy in Romania in the context of fulfilment of convergence criteria

Blog Article

Adopting the euro currency implies the fulfilment of Maastricht convergence criteria, which implies a number Hayward H135 Parts of challenges for the macroeconomic policy mix, due to the existence of the conflict between them.The paper analyzes empirically the main monetary MENO EASE policy strategy in the context of euro in Romania.The results of the study show that inflation targeting is an optimal monetary policy strategy to achieve real and nominal convergence criteria.