LEADER 04909oam 22012974 450 001 9910822023503321 005 20200520144314.0 010 $a1-4623-3970-0 010 $a1-4519-8430-8 010 $a1-283-51745-0 010 $a1-4519-9401-X 010 $a9786613829900 035 $a(CKB)3360000000443916 035 $a(EBL)3014531 035 $a(SSID)ssj0000940092 035 $a(PQKBManifestationID)11600621 035 $a(PQKBTitleCode)TC0000940092 035 $a(PQKBWorkID)10946572 035 $a(PQKB)11767677 035 $a(OCoLC)694141235 035 $a(IMF)WPIEE2006206 035 $a(MiAaPQ)EBC3014531 035 $a(IMF)WPIEA2006206 035 $a(EXLCZ)993360000000443916 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCommon Volatility Trends in the Central and Eastern European Currencies and the Euro /$fMarcus Pramor, Natalia Tamirisa 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (31 p.) 225 1 $aIMF Working Papers 300 $a"September 2006." 311 $a1-4518-6466-3 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. METHODOLOGY AND DATA""; ""III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN EUROPEAN CURRENCY MARKETS""; ""IV. CONCLUSIONS""; ""References"" 330 3 $aHow much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone? We explore this question by comparing long-run volatility trends in CEE currencies and the euro. We find that these trends are closely correlated, pointing to convergence in the economic and financial structures of these economies. Nonetheless, the degree of commonality remains weaker than what had been found for major European currencies before the introduction of the euro. Spillovers of volatility across regional markets appear to have diminished over time, with the exception of the Hungarian forint, which remains a source of volatility shocks to regional currencies. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/206 606 $aForeign exchange rates$xEconometric models$zEurope 606 $aMonetary policy$zEurope 606 $aCurrencies$2imf 606 $aCurrency markets$2imf 606 $aCurrency$2imf 606 $aEconomic integration$2imf 606 $aExchange rates$2imf 606 $aExports and Imports$2imf 606 $aExternalities$2imf 606 $aFinance$2imf 606 $aFinance: General$2imf 606 $aFinancial Aspects of Economic Integration$2imf 606 $aFinancial markets$2imf 606 $aFinancial sector policy and analysis$2imf 606 $aForeign exchange market$2imf 606 $aForeign Exchange$2imf 606 $aForeign exchange$2imf 606 $aGovernment and the Monetary System$2imf 606 $aInternational economics$2imf 606 $aInternational finance$2imf 606 $aInternational Financial Markets$2imf 606 $aMacroeconomics$2imf 606 $aMonetary economics$2imf 606 $aMonetary Systems$2imf 606 $aMonetary unions$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMoney$2imf 606 $aPayment Systems$2imf 606 $aRegimes$2imf 606 $aSpillovers$2imf 606 $aStandards$2imf 607 $aCzech Republic$2imf 615 0$aForeign exchange rates$xEconometric models 615 0$aMonetary policy 615 7$aCurrencies 615 7$aCurrency markets 615 7$aCurrency 615 7$aEconomic integration 615 7$aExchange rates 615 7$aExports and Imports 615 7$aExternalities 615 7$aFinance 615 7$aFinance: General 615 7$aFinancial Aspects of Economic Integration 615 7$aFinancial markets 615 7$aFinancial sector policy and analysis 615 7$aForeign exchange market 615 7$aForeign Exchange 615 7$aForeign exchange 615 7$aGovernment and the Monetary System 615 7$aInternational economics 615 7$aInternational finance 615 7$aInternational Financial Markets 615 7$aMacroeconomics 615 7$aMonetary economics 615 7$aMonetary Systems 615 7$aMonetary unions 615 7$aMoney and Monetary Policy 615 7$aMoney 615 7$aPayment Systems 615 7$aRegimes 615 7$aSpillovers 615 7$aStandards 700 $aPramor$b Marcus$01689925 701 $aTamirisa$b Natalia$01098414 801 0$bDcWaIMF 906 $aBOOK 912 $a9910822023503321 996 $aCommon Volatility Trends in the Central and Eastern European Currencies and the Euro$94065316 997 $aUNINA