In this paper, we map the process of synchronization of the Visegrad Four within the framework of the European Union using wavelet techniques. We show that the relationship of among countries is dynamic and that it varies over time and across frequencies. We study the synchronization applying...

This volume contains, for the most part, the papers and their formal discussions presented at an International Symposium "EUFORIKZ" (EURO, FORINT, KRONE, ZLOTY), held at Gerhard-Mercator-University Duisburg, Germany, on October 26-28, 2001. The focus of the volume lies on the following two...

In this paper, we map the process of synchronization of the Visegrad Four within the framework of the European Union using the wavelet techniques. In addition, we show that the relationship of output and key macroeconomic indicators is dynamic and varies over time and across frequencies. We...

In this paper, we map the process of business In this paper, we map the growth cycle synchronization across the European Union, specifically focusing on the position of the Visegrad Four countries. We study the synchronization using frequency and time-frequency domain. To accommodate for dynamic...

Die exzessiven Wechselkursschwankungen sind ein empirisch beobachtbares Phänomen, das Anfang der 1970er Jahre, insbesondere nach dem Zusammenbruch des Bretton-Woods-Systems mit festen Wechselkursen, stark an Bedeutung gewonnen hat. Die Entwicklung der Wechselkurse scheint seitdem von der...