Sløk, Torsten; Christoffersen, Peter F. - International Monetary Fund (IMF) - 2000
, Poland, Russia, Slovakia, and Slovenia for the period 1994-1999 it is shown that historical values for interest rates … developments. But is this also the case in transition economies? Using a panel of monthly data for the Czech Republic, Hungary …, exchange rates, and stock prices signal future movements in real economic activity. This result has significant implications …