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In recent years, EU countries, including these from the Central Eastern European (CEE) region has recognised, that eco …
Persistent link: https://www.econbiz.de/10011869588
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industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it …
Persistent link: https://www.econbiz.de/10013138239
cycle and the euro area evolved over time, we find that inflation conditional correlation increased stemming from the EU …
Persistent link: https://www.econbiz.de/10013081633
Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is growing. The paper investigates the impact of exchange rate stability on growth for a sample of 41 mostly small open economies at the EMU periphery. It identifies international trade,...
Persistent link: https://www.econbiz.de/10012773503
This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central-eastern Europe. We mitigate the small sample problem, which is especially acute for the NMS, by using a Bayesian estimation that combines...
Persistent link: https://www.econbiz.de/10012765781
The rapid increase in intra-industry trade (IIT) between the EU15 and Central, Eastern and South-Eastern European … new process of transition and real convergence to the EU. Using a product-level trade flows database and employing linear … and non-linear panel data specifications, this paper assesses the determinants of intra-industry trade between the EU15 as …
Persistent link: https://www.econbiz.de/10013049577