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We argue that monetary policies in euro-candidate countries should also aim at mitigating excessive instability of the key target and instrument variables of monetary policy during turbulent market periods. Our empirical tests show a significant degree of leptokurtosis, thus prevalence of...
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-Transformationsländern in Mittel- und Osteuropa (Polen, Tschechien und Ungarn) zu testen. Darüber hinaus wird ein Model mit OLS und GMM …
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