Anker, Peter - In: Applied Economics 33 (2001) 12, pp. 1553-1562
Since the start of the European Monetary Union (EMU) in January 1999, the DM has depreciated considerably against the … the pre-EMU period to predict forward looking variables in the year 1999 is investigated. Conditional forecasts are used … in order to capture the potential effects of real shocks and to assess the ECB's reaction to these shocks. The findings …