Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we … analyze recent developments in the volatility of exchange rates of the Central European countries (the Visegrad Group) and a … exchange rate volatility: squared returns parametric model and GARCH. Both methods provide identical results for the currencies …

introduced recently in Transition Economies. The net balance of costs and benefits involved, for the country and the common …

greatly reduces volatility within such an informal “currency area”. Our theoretical findings are supported by empirical …

nonlinear relationship between debt and growth is very sensitive to modelling choices. We also show that when nonlinearity is …

nonlinearity and the associated debt threshold endogenously. Therefore, in a second stage, we put the Reinhart-Rogoff dataset to a …

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … developing and transition economy that has great growth potential, it is not enough to study the conventional "best … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …

The purpose of this paper is to study the equilibrium real exchange rate (ERER) in 5 CEE transition economies, namely … among the 5 transition countries. …