Chelley-Steeley, Patricia L.; Tsorakidis, Nikolaos - In: Applied financial economics 19 (2009) 10/12, pp. 905-916
volatility of the drachma exchange rate against the dollar, British pound, yen, German mark and ECU/Euro was nonstationary …, exhibiting a large number of volatility changes prior to European Monetary Union (EMU) membership. We then use a news archive …