López, Jesús Rodríguez; Chacón, José Luis Torres - Centro de Estudios Andaluces, Government of Andalusia - 2006
This paper uses a combination of VAR and bootstrapping techniques to analyze whether the exchange rates of some New Member States of the EU have been used as output stabilizers (those of the Czech Republic, Hungary and Poland), during 1993-2004. This question is important because it provides...