Since the introduction of the euro in January 1999, exchange rate stability in the periphery of the euro area is … in the EMU periphery. It identifies international trade, international capital flows and macroeconomic stability as … accelerating growth. Panel estimations reveal a robust negative relationship between exchange rate volatility and growth for …

Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is … at the EMU periphery. It identifies international trade, international capital flows and macroeconomic stability as … accelerating growth. Panel estimations reveal a robust negative relationship between exchange rate volatility and growth for …

Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is … at the EMU periphery. It identifies international trade, international capital flows and macroeconomic stability as … accelerating growth. Panel estimations reveal a robust negative relationship between exchange rate volatility and growth for …

Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is … at the EMU periphery. It identifies international trade, international capital flows and macroeconomic stability as … accelerating growth. Panel estimations reveal a robust negative relationship between exchange rate volatility and growth for …

force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …

explore this question by comparing long-run volatility trends in CEE currencies and the euro. We find that these trends are … euro. Spillovers of volatility across regional markets appear to have diminished over time, with the exception of the …How much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone? We …

Reduced exchange rate volatility and higher and less heterogeneous quality of institutional rules and macroeconomic … magnitude of these two effects on the Euro area countries, looking at real effective exchange rates (REER) and at different … than the second when we compare relative changes on Euro area countries and the rest of the world in the relevant period …

the fluctuations of value of the Turkish lira against the Euro. We try to answer the following questions: Is the CDS … premium change among the drivers of EUR/TL exchange rate and what are the possible effects of CDS premium volatility on EUR …

In this paper we use three euro exchange rates to test for the presence of volatility spillovers, common volatility … components and time-varying correlations using the multivariate-GARCH model and the common volatility methodology approach … proposed by Engle and Kozicki (1993). Our results suggest that the three currencies exhibit some degree of volatility spillover …