Büttner, David; Hayo, Bernd - Volkswirtschaft Abteilung, Fachbereich … - 2009
foreign exchange and stock markets, indicating a tendency toward contagion. In searching for the origins of financial market … are rather isolated from each other. We find that the associations of CEEC-3 exchange rates versus the euro are weaker … model, we investigate the impact of euro area, US, and CEEC-3 news on the correlations. Apart from ECB monetary policy news …