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The evolution of east-west trade and the role of the Ecu in Eastern Europe

✍ Scribed by Alfred Steinherr

Publisher
Springer
Year
1992
Weight
857 KB
Volume
2
Category
Article
ISSN
1120-7388

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Responses to monetary policy shocks in t
Responses to monetary policy shocks in the east and the west of Europe: a comparison
✍ Marek JarociΕ„ski πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 360 KB

## Abstract This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central–eastern Europe. We mitigate the small‐sample problem, which is especially acute for the NMS, by using a Bayesian estimation that comb