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document the validity of the superadditivity property of ARD for successive adoptions of a common currency by European …
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document the validity of the superadditivity property of ARD for successive adoptions of a common currency by European …
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The main aim of this paper is to examine the exchange rate behavior of a group of four transitional, EU accession countries, with a view to making policy recommendations regarding their accession to full European Monetary Union. We employ a dynamic OLS panel estimator to investigate the relative...
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