TY - GEN N1 - Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2019; vol. 63, nr 9, s. 58-67 N2 - The aim of the article is to estimate the extent of the inadequacy of the European Central Bank’s (ECB’s) monetary policy to the economies of those EU member states which have not joined the euro area so far. The assessment of the extent of maladjustment of the single monetary policy is based upon a counterfactual analysis and is carried out for the economies with the so-called derogation from the Economic and Monetary Union (EMU) since the ECB started to operate. The status of a derogation means that a member state is formally obliged to adopt the single currency euro and must face the consequences resulting from the single monetary policy in the context of economic macro-stabilization. The results obtained may be useful in a discussion on the moment of accession to the eurozone L1 - http://dbc.wroc.pl/Content/74474/Klus_Paluszak_Urbanowicz_Inadequacy_of_the_ECB's_monetary_policy.pdf M3 - artykuł L2 - http://dbc.wroc.pl/Content/74474 PY - 2019 KW - inadequacy KW - ECB KW - monetary policy KW - eurozone KW - European Union economies KW - nieadekwatność KW - EBC KW - polityka pieniężna KW - strefa euro KW - gospodarki europejskie C1 - Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy A1 - Klus, Sylwia A1 - Paluszak, Grzegorz A1 - Urbanowicz, Zuzanna PB - Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu C6 - Dla wszystkich zgodnie z licencją LA - eng CY - Wrocław ID - DOI: 10.15611/pn.2019.9.05 T1 - Inadequacy of the ECB’s monetary policy in the EU economies outside the eurozone UR - http://dbc.wroc.pl/dlibra/publication/edition/74474 T2 - Nieadekwatność polityki pieniężnej EBC w unijnych gospodarkach spoza strefy euro ER -