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changes in inventories. We then present evidence of the importance of cross border production chains for the economies of CEE … countries in Central and Eastern Europe (CEE) and the euro area. We start off by demonstrating that the degree of … synchronization of the business cycles of CEE countries and their main trade partners from the euro area has increased in recent years …
Persistent link: https://www.econbiz.de/10013315647
In this paper we look at business cycles similarities between CEE countries and the euro area. Particularly, we uncover …
Persistent link: https://www.econbiz.de/10013081633
We analyze business cycle convergence in the EU by focusing on the decoupling vs. convergence hypothesis for central, eastern and south eastern Europe (CESEE). In a nutshell, we fnd that business cycles in CESEE have decoupled considerably from the euro area (EA) during the financial crisis in...
Persistent link: https://www.econbiz.de/10013064345
(CEE). Given that financial and venture capital markets in CEE are thin in comparison to those in high-income economies and … that many of CEE countries experienced a credit crunch during the last recession, it is proposed that financing constraints …-sources from ten CEE countries. The results suggest that the role of financing constraints for R&D expenditures in CEE countries is …
Persistent link: https://www.econbiz.de/10011326699
The European post-communist countries that have integrated into the European Union are emerging market economies. However, their short-run economic performance does not correspond to the observed business cycles of other global emerging markets. The business cycles of the studied countries are...
Persistent link: https://www.econbiz.de/10012919556
The European post-communist countries that have integrated into the European Union are emerging market economies. However, their short-run economic performance does not correspond to the observed business cycles of other global emerging markets. The business cycles of the studied countries are...
Persistent link: https://www.econbiz.de/10011760458
A consistent set of disaggregated industrial output data for four Eastern European countries is examined in order to determine the extent to which structural adjustment has taken place since the initiation of market-oriented reform. The latter created a massive relative price shock whose effects...
Persistent link: https://www.econbiz.de/10012781656
Persistent link: https://www.econbiz.de/10011944351
the Czech Republic and its comparison with the Central and Eastern European (CEE) region. We discuss the relationships … changes in the economic cycles of the CEE region. The analysis of correlation patterns among the variables suggests that the …
Persistent link: https://www.econbiz.de/10012118688
Die Verbreitung der neuartigen Krankheit COVID-19 stellt alle Volkswirtschaften rund um den Globus vor gesundheitliche und wirtschaftliche Herausforderungen. Von der Pandemie und den Maßnahmen zur Eindämmung der Ausbreitung des Coronavirus sind internationale Wirtschaftsbeziehungen besonders...
Persistent link: https://www.econbiz.de/10012543969