Narrow search
Showing 1 - 5 of 5
Cover Image
Non-linear exchange rate dynamics in target zones : a bumpy road towards a honeymoon ; some evidence from the ERM, ERM2 and selected new EU member states
Crespo Cuaresma, Jesús; Égert, Balázs; MacDonald, Ronald - 2005
This study investigates exchange rate movements in the Exchange Rate Mechanism (ERM) of the European Monetary System (EMS) and in the Exchange Rate Mechanism II (ERM-II). On the basis of the variant of the target zone model proposed by Bartolini and Prati (1999) and Bessec (2003), we set up a...
Persistent link: https://www.econbiz.de/10003090269
Cover Image
Central Bank interventions, communication and interest rate policy in emerging European economies
Égert, Balázs - 2006
, Romania, Slovakia and Turkey using the event study approach. Interventions are found to be effective only in the short run … Turkey. Finally, interventions are mostly sterilized in all countries except Croatia. Interventions are not much more …
Persistent link: https://www.econbiz.de/10003412129
Cover Image
Central bank interventions, communication and interest rate policy in emergiing European economies
Égert, Balázs - In: Journal of comparative economics : the journal of the … 35 (2007) 2, pp. 387-413
Persistent link: https://www.econbiz.de/10003493686
Cover Image
Equilibrium exchange rates in Southeastern Europe, Russia, Ukraine and Turkey : healthy or (Dutch) diseased?
Égert, Balázs - 2005
Persistent link: https://www.econbiz.de/10002992695