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In the present paper we assess the impact of the Eurozone’s economic policies on specific South-Eastern European countries, namely Bulgaria, Croatia, Cyprus, Greece, Romania, Slovenia and Turkey. Since these countries are connected to the EU or the Eurozone and economic interdependence among...
Persistent link: https://www.econbiz.de/10010855053
In this paper, we investigate the monetary transmission mechanism through interest rate and real effective exchange rate channels, for five South-Eastern European countries, namely Bulgaria, Croatia, Greece, Romania and Turkey. Recent unit root and cointegration techniques in the presence of...
Persistent link: https://www.econbiz.de/10010933326
Persistent link: https://www.econbiz.de/10008596102
In this paper, we investigate the monetary transmission mechanism through interest rate and real effective exchange rate channels, for five South-Eastern European countries, namely Bulgaria, Croatia, Greece, Romania and Turkey. Recent unit root and cointegration techniques in the presence of...
Persistent link: https://www.econbiz.de/10010815153
In this paper, we investigate the monetary transmission mechanism through interest rate and real effective exchange rate channels, for five South-Eastern European countries, namely Bulgaria, Croatia, Greece, Romania and Turkey. Recent unit root and cointegration techniques in the presence of...
Persistent link: https://www.econbiz.de/10010755516
Persistent link: https://www.econbiz.de/10010868556
Persistent link: https://www.econbiz.de/10008371916
Persistent link: https://www.econbiz.de/10010135803
Persistent link: https://www.econbiz.de/10010170815
In this paper I test the validity of the capital‐enhanced equilibrium exchange rate (CHEER) approach for the four Visegrad new EU countries. Recent unit root and cointegration techniques with structural breaks in the data have been used. The CHEER approach is empirically validated only for the...
Persistent link: https://www.econbiz.de/10014162745