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risk premiums in the EU accession countries as they undergo monetary convergence to the eurozone. It proposes a monetary … targeting is developed. Recent trends in these risk premiums in Hungary, the Czech Republic and Poland are tested by employing …
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Closer integration between Central and Eastern Europe (CEE) and the EU has opened up channels facilitating the propagation of economic shocks from the core to the eastern periphery. This paper examines the effects of such shocks to economic activity and monetary conditions originating in the...
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