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Some empirical tests on the integration of economic activity between the Euro area and the accession countries
Korhonen, Iikka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2001
This note looks at the correlation of short-term business cycles in the euro area and the EU accession countries. The issue is assessed with the help of vector autoregressive models. There are clear differences in the degree of correlation between accession countries. For Hungary and Slovenia,...
Persistent link: https://www.econbiz.de/10005771105
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Some empirical tests on the integration of economic activity between the euro area and the accession countries
Korhonen, Iikka - EconWPA - 2002
This note looks ata the correlation of short-term business cycles in the euro area and the Eu accession countries. This issue is assessed with the help of vector autoregressive models. There are clear differences in the degree of correlation between acces-sion countries. For Hungary and...
Persistent link: https://www.econbiz.de/10005076777
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Some empirical tests on the integration of economic activity between the Euro area and the accession countries
Korhonen, Iikka - 2001
This note looks at the correlation of short-term business cycles in the euro area and the EU accession countries.The issue is assessed with the help of vector autoregressive models.There are clear differences in the degree of correlation between accession countries.For Hungary and Slovenia, euro...
Persistent link: https://www.econbiz.de/10012148421
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Some Empirical Tests on the Integration of Economic Activity between the Euro Area and the Accession Countries
Korhonen, Iikka - 2007
This note looks at the correlation of short-term business cycles in the euro area and the EU accession countries. The issue is assessed with the help of vector autoregressive models. There are clear differences in the degree of correlation between accession countries. For Hungary and Slovenia,...
Persistent link: https://www.econbiz.de/10014224027
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The effects of the war on the Ukraine economy: The situation at the end of 2022
Heinonen, Lauri; Korhonen, Iikka - 2023
This brief presents an overview of Ukraine's economy before and during the first ten months of the Russo-Ukraine war …, as well as some preliminary considerations for the post-war economy. Although Ukraine's economic growth trailed many of … to exports, take place in the eastern regions of Ukraine or in the Kyiv capital region. These areas have either been …
Persistent link: https://www.econbiz.de/10013531818
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The effects of the war on the Ukraine economy : the situation at the end of 2022
Heinonen, Lauri; Korhonen, Iikka - 2023
This brief presents an overview of Ukraine's economy before and during the first ten months of the Russo-Ukraine war …, as well as some preliminary considerations for the post-war economy. Although Ukraine's economic growth trailed many of … to exports, take place in the eastern regions of Ukraine or in the Kyiv capital region. These areas have either been …
Persistent link: https://www.econbiz.de/10013489476
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Similarity of supply and demand shocks between the Euro area and the CEECs
Fidrmuc, Jarko; Korhonen, Iikka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2001
We assess the correlation of supply and demand shocks between the countries of the euro area and the accession countries in the 1990s. Shocks are recovered from estimated structural VAR models of output growth and inflation. We find that some accession countries have a quite high correlation of...
Persistent link: https://www.econbiz.de/10005419582
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Similarity of Supply and Demand Shocks Between the Euro Area and the CEECs
Fidrmuc, Jarko; Korhonen, Iikka - Royal Economic Society - RES - 2003
We assess the correlation of supply and demand shocks between the countries of the euro area and the accession countries in the 1990s. Shocks are recovered from estimated structural VAR models of output growth and inflation. We find that some accession countries have a quite high correlation of...
Persistent link: https://www.econbiz.de/10005232507
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The euro goes East. Implications of the 2000-2002 economic slowdown for synchronisation of business cycles between the euro area and CEEs
Korhonen, Iikka; Fidrmuc, Jarko - EconWPA - 2003
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession candidates from 1993/1995 to 2002. Supply and demand shocks are recovered from estimated structural VAR models of output growth and inflation. Notably, the economic slowdown between...
Persistent link: https://www.econbiz.de/10005412572
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Business Cycle Synchronisation in a Currency Union: Taking Stock of the Evidence
Fidrmuc, Jarko; Campos, Nauro F.; Korhonen, Iikka - 2018
This paper offers a first systematic evaluation of the evidence on the effects of currency unions on the synchronisation of economic activity. Focusing on Europe, we construct a database of about 3,000 business cycles synchronisation coefficients and their design and estimation characteristics....
Persistent link: https://www.econbiz.de/10011892113