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Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we … analyze recent developments in the volatility of exchange rates of the Central European countries (the Visegrad Group) and a … exchange rate volatility: squared returns parametric model and GARCH. Both methods provide identical results for the currencies …
Persistent link: https://www.econbiz.de/10005207889
We analyze exchange rate volatility in the Visegrad Four countries in the course of their abandoning tight regimes for … generalized error distribution. The overall findings are that volatility path dependence has a limited effect on exchange rate … developments and introduction of floating regimes tends to increase exchange rate volatility. During the period of flexible regimes …
Persistent link: https://www.econbiz.de/10009476919
This paper investigates capital market integration in the major Central European emerging economies by testing the …
Persistent link: https://www.econbiz.de/10011509413
"Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September …
Persistent link: https://www.econbiz.de/10011274911
After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004 …'Union européenne<BR><P>Le 1er mai 2004, après presque quinze années de transition, les pays d’Europe centrale sont entrés dans l …
Persistent link: https://www.econbiz.de/10005045850
Persistent link: https://www.econbiz.de/10012051574
Persistent link: https://www.econbiz.de/10001968194
, Hungary, and the Slovak Republic meanwhile display a high degree of international integration with the euro area. Integration … Republik, Ungarn und der Slowakei inzwischen einen hohen Grad an internationaler Integration mit dem Euro-Raum aufweisen. Die … Integration hat sich im Untersuchungszeitraum von 1999 bis Mitte 2002 kontinuierlich verstärkt. Für die noch zu beobachtende …
Persistent link: https://www.econbiz.de/10011432010
, Hungary, and the Slovak Republic meanwhile display a high degree of international integration with the euro area. Integration … Republik, Ungarn und der Slowakei inzwischen einen hohen Grad an internationaler Integration mit dem Euro-Raum aufweisen. Die … Integration hat sich im Untersuchungszeitraum von 1999 bis Mitte 2002 kontinuierlich verstärkt. Für die noch zu beobachtende …
Persistent link: https://www.econbiz.de/10011432015
A test of speculative efficiency on the foreign exchange markets of Poland, the Czech Republic, Hungary and the Slovak republic was unable to identify a cointegration relationship between forward and spot rates against the euro for the period between 1999 and mid-2002. Econometric studies...
Persistent link: https://www.econbiz.de/10011432049