Giannellis, Nikolaos; Papadopoulos, Athanasios P. - In: Journal of International Money and Finance 30 (2011) 1, pp. 39-61
We allow for monetary, real, and financial variables to assess the relevant importance of each of the variables to exchange rate volatility in the case of selected EMU members and candidate countries. Ex-ante analysis shows that volatility in the Polish zloty/euro and the Hungarian forint/euro...