Common Volatility Trends in the Central and Eastern European Currencies and the Euro / / Marcus Pramor, Natalia Tamirisa

• Autore: Pramor Marcus
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Descrizione fisica: 1 online resource (31 p.)
• Soggetto topico: Foreign exchange rates - Econometric models - Europe; Monetary policy - Europe; Exports and Imports; Finance: General; Foreign Exchange; Macroeconomics; Money and Monetary Policy; Financial Aspects of Economic Integration; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems; International Financial Markets; Externalities; Monetary economics; Currency; Foreign exchange; Finance; International economics; Currencies; Exchange rates; Currency markets; Spillovers; Monetary unions; Money; Financial markets; Financial sector policy and analysis; Economic integration; Foreign exchange market; International finance
• Soggetto geografico: Czech Republic
• Altri autori: TamirisaNatalia
• Note generali: "September 2006."
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. METHODOLOGY AND DATA""; ""III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN EUROPEAN CURRENCY MARKETS""; ""IV. CONCLUSIONS""; ""References""
• Sommario/riassunto: How 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.
• Titolo autorizzato: Common Volatility Trends in the Central and Eastern European Currencies and the Euro
• ISBN: 1-4623-3970-0; 1-4519-8430-8; 1-283-51745-0; 1-4519-9401-X; 9786613829900
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788402503321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/206