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The OCA theory - application of criterion labour mobility in Czech and Slovak republic
Stanková, Katarína ; Chytil, Zdeněk (advisor) ; Chytilová, Helena (referee)
The topic of my bachelor paper is the theory of optimal currency areas and the possibility of its application to the Czech Republic and Slovakia. The aim of this paper is to study the volume of fulfilment of the criteria of labour mobility as one of the criteria of the theory of optimum currency areas. The introductory part of paper is theoretic and deals with the development of the OCA theory, focusing on Mundell's main contributions and further extension of this theory. The next part discusses cost and benefits associated with monetary integration faced by countries contemplating accession to monetary union. It seeks to assess whether the European monetary union may be considered optimal currency area. The merit of common currency adoption depends on fulfilment of the optimum currency area criteria. The goal of this paper is focused on examination of the volume of fulfilment and further expectations one of the OCA criteria by the Czech and Slovak Republic, the criterion of labour mobility.

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