Babetskaia-Kukharchuk, Oxana; Babetskii, Ian; Podpiera, Jiri - In: Applied Economics Letters 15 (2008) 5, pp. 385-390
We empirically analyse currency fluctuations in four central European states (CE-4) against the USD and Euro, employing daily data over 1 January 1994 to 10 October 2005 and constructing a dynamic correlation coefficient based on the estimates of a bivariate generalized autoregressive...