How symmetric are the shocks and the shock adjustment dynamics between the euro area and Central and Eastern European countries? /

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Bibliographic Details
Author / Creator:Frenkel, Michael, 1954-
Imprint:[Washington, D.C.] : International Monetary Fund, ©2002.
Description:1 online resource (27 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/02/222
IMF working paper ; WP/02/222.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497832
Hidden Bibliographic Details
Other authors / contributors:Nickel, Christiane.
IMF Institute.
International Monetary Fund.
ISBN:1283515644
9781283515641
1451919875
9781451919875
1462364799
9781462364794
1452767181
9781452767185
9786613828095
6613828092
Notes:Includes bibliographical references (pages 26-27).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary: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.
Other form:Print version: Frenkel, Michael, 1954- How symmetric are the shocks and the shock adjustment dynamics between the euro area and Central and Eastern European countries? [Washington, D.C.] : International Monetary Fund, ©2002
Standard no.:10.5089/9781451919875.001