Hidden Bibliographic Details
Other authors / contributors: | Nickel, Christiane.
IMF Institute.
International Monetary Fund.
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ISBN: | 1283515644 9781283515641 1451919875 9781451919875 1462364799 9781462364794 1452767181 9781452767185 9786613828095 6613828092
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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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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.
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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
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Standard no.: | 10.5089/9781451919875.001
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