Contagions could be defined as a significant increase in market comovement after a shock to one country, and mostly explained by two theorems: strong cross border relationships between the economies or sudden shifts in market actor's expectations and confidence. The first hypothesis of contagion...

This paper aims to analyse the liquidity sensible environment that has defined the range of monetary policy decisions in the selected Central-East European member states over the last decade, using bond and currency markets as indicators and stock markets as control variables. First, it is...