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We examine time-varying stock market comovements in Central Europe employing the asymmetric dynamic conditional correlation multivariate GARCH model. Using daily data from 2001 to 2011, we find that the correlations among stock markets in Central Europe and between Central Europe vis-a-vis the...
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Preface -- Nonlinear modelling of the relation between financial markets and economic growth in the EU / Lucian-Liviu Albu, Radu Lupu, Adrian Cantemir Calin, Institute for Economic Forecasting, Romanian Academy, Romania -- The eastern and central European financial market reaction to...
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