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The Effect of Nominal Exchange Rate Volatility on Real Macroeconomic Performance in the CEE Countries
Arratibel, Olga; Furceri, Davide; Martin, Reiner; … - HAL - 2011
Eastern European EU Member States. Using panel estimations for the period between 1995 and 2008, we find that lower exchange …
Persistent link: https://www.econbiz.de/10008792016
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The Effect of Nominal Exchange Rate Volatility on Real Macroeconomic Performance in the CEE Countries
Arratibel, Olga; Furceri, Davide; Martin, Reiner; … - Groupe d'Analyse et de Théorie Économique Lyon … - 2009
Eastern European EU Member States. Using panel estimations for the period between 1995 and 2008, we find that lower exchange …
Persistent link: https://www.econbiz.de/10008494240
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Business Cycle Synchronization and Insurance Mechanisms in the EU
Afonso, António; Furceri, Davide - ISEG - School of Economics and Management, Department … - 2007
In this paper we provide a positive exercise on past business-cycle correlations and risk sharing in the European Union, and on the ability of insurance mechanisms and fiscal policies to smooth income fluctuations. The results suggest in particular that while some of the new Member States have...
Persistent link: https://www.econbiz.de/10005593059
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Real convergence in Central and Eastern European EU Member States: which role for exchange rate volatility?
Arratibel, Olga; Furceri, Davide; Martin, Reiner - European Central Bank - 2008
, in the Central and Eastern European EU Member States. Using panel estimations for the period between 1995 and 2006, we …
Persistent link: https://www.econbiz.de/10005222353
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Business cycle synchronization and insurance mechanisms in the EU
Afonso, António; Furceri, Davide - European Central Bank - 2007
In this paper we provide a positive exercise on past business-cycle correlations and risk sharing in the European Union, and on the ability of insurance mechanisms and fiscal policies to smooth income fluctuations. The results suggest in particular that while some of the new Member States have...
Persistent link: https://www.econbiz.de/10005816178