Saman, Corina; Alexandri, Cecilia - In: Journal of Business Economics and Management (JBEM) 19 (2018) 2, pp. 268-287
This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria, Poland and Romania to global food prices. We employ time-varying VARs with stochastic volatility to estimate the behaviour of these macroeconomic variables over the 2001M1-2015M12...