How Symmetric Are the Shocks and the Shock Adjustment Dynamics Between the Euro Area and Central and Eastern European Countries? /

In this paper, we use a structural vector autoregression model to identify and compare demand and supply shocks between euro area countries and central and eastern European countries (CEECs). The shocks and the shock adjustment dynamics of these countries are also compared to EU countries that curre...

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Detaylı Bibliyografya
Yazar: Frenkel, Michael
Diğer Yazarlar: Nickel, Christiane
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2002.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2002/222
Online Erişim:Full text available on IMF
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100 1 |a Frenkel, Michael. 
245 1 0 |a How Symmetric Are the Shocks and the Shock Adjustment Dynamics Between the Euro Area and Central and Eastern European Countries? /  |c Michael Frenkel, Christiane Nickel. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2002. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a In this paper, we use a structural vector autoregression model to identify and compare demand and supply shocks between euro area countries and central and eastern European countries (CEECs). The shocks and the shock adjustment dynamics of these countries are also compared to EU countries that currently do not participate in the EMU. Focusing on the period 1993-2001, we find that there are still differences in the shocks and in the adjustment process to shocks between the euro area and the CEECs. However, several individual CEECs exhibit shocks and shock adjustment processes that are fairly similar to some euro area countries. 
538 |a Mode of access: Internet 
700 1 |a Nickel, Christiane. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/222 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/222/001.2002.issue-222-en.xml  |z IMF e-Library