Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic …, German fiscal spillovers to the CE4 and more broadly to the rest of the euro area, have increased over time, but are still …

onset of the 2008 global financial crisis - the Czech Republic, Poland, and Romania. It finds that the evaluation …

United States and the euro area, and we perform model comparisons to study the importance of departing from the law of one …

effects. The announcement of an ECB euro liquidity line decreases the premium paid by foreign agents to borrow euros in FX … equity prices increase by around 1.75% in euro area countries highly exposed via banking linkages to countries whose …

This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach …-2012. Our results suggest that developments in the euro zone can explain about 50 percent of poland’s output and interest rate … assumptions that allow us to identify how external factors affect the evolution of business cycles in Poland in the period 1999 …

GARCH model shows a positive impact of the introduction of the Euro on exchange rate volatility for the Polish zloty … (negative for the Czech koruna), related to its larger exposure to external shocks. For countries in transition to Euro …

This study provides evidence that episodes of internal stability of exchange rates among the 11 Euro countries during … Euro on January 1, 1999, should be expected to contribute to reduced volatility of world commodity prices, other things …

SJAASTAD MODEL -- IV. DATA -- V. ESTIMATION RESULTS -- VI. EUROPEAN ECONOMIES BEFORE AND AFTER THE INTRODUCTION OF THE EURO …