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A high degree of cyclical synchronization between central and east European countries (CEECs) and the euro area is generally seen as a prerequisite for successful EMU enlargement. This paper investigates comovements between CEECs and the euro area. We first establish stylized facts on economic...
Persistent link: https://www.econbiz.de/10002909184
Persistent link: https://www.econbiz.de/10012991315
A high degree of cyclical synchronization between the new EU member states (NMS) from central and eastern Europe and the euro area is generally seen as a prerequisite for successful EMU enlargement. This paper investigates comovements between NMS and the euro area. We first establish stylized...
Persistent link: https://www.econbiz.de/10014064585
A high degree of cyclical synchronization between central and east European countries (CEECs) and the euro area is generally seen as a prerequisite for successful EMU enlargement. This paper investigates comovements between CEECs and the euro area. We first establish stylized facts on economic...
Persistent link: https://www.econbiz.de/10010295688