Chelley-Steeley, Patricia L.; Tsorakidis, Nikolaos - In: Applied financial economics 19 (2009) 10/12, pp. 905-916
In January 2001 Greece joined the eurozone. The aim of this article is to examine whether an intention to join the eurozone had any impact on exchange rate volatility. We apply the Iterated Cumulative Sum of Squares (ICSS) algorithm of Inclan and Tiao (1994) to a set of Greek drachma exchange...
