Skip to main content
Have a personal or library account? Click to login
Effective Exchange Rates in Central and Eastern European Countries: Cyclicality and Relationship with Macroeconomic Fundamentals Cover

Effective Exchange Rates in Central and Eastern European Countries: Cyclicality and Relationship with Macroeconomic Fundamentals

Review of Economic Perspectives
Volume 15 (2015): Issue 2 (June 2015)
By:  and    
Open Access
|Jul 2015
References

References

  1. AN, L., WANG, J., 2012: Exchange rate pass-through: Evidence based on vector autoregression with sign restrictions. Open Economies Review, vol. 23, no. 2, pp. 359-380.
    Open DOISearch in Google Scholar
  2. CHEUNG, Y.W., CHINN, M.D., PASCUAL, A.G., 2005: Empirical exchange rate models of nineties: Are any fit to survive? Journal of International Money and Finance, vol. 24, no. 7, pp. 1150-1175.
    Open DOISearch in Google Scholar
  3. DAL BIANCO, M., CAMACHO, M., QUIROS, G.P., 2012: Short-run forecasting of the euro-dollar exchange rate with economic fundamentals. Journal of International Money and Finance, vol. 31, no. 2, pp. 377-396.
    Open DOISearch in Google Scholar
  4. DEDOLA, L., LELUC, S., 2001: Why Is the Business Cycle Behaviour of Fundamentals Alike across Exchange Rate Regimes? International Journal of Finance & Economics, vol. 6, no. 4, pp. 401-419.
    Open DOISearch in Google Scholar
  5. DE GRAUWE, P., GRIMALDI, M., 2006: Exchange Rate Puzzles: A Tale of Switching Attractors. European Economic Review, vol. 50, no. 1, pp. 1-33.
    Open DOISearch in Google Scholar
  6. DI MAURO, F., RUEFFER, R., BUNDA, I., 2008: The changing role of the exchange rate in a globalised economy. Occasional Paper Series 94. Frankfurt am Main: European Central Bank.
    Search in Google Scholar
  7. DUARTE, M., RESTUCCIA, D., WADDLE, A.L., 2007. Exchange Rates and Business Cycles across Countries. Federal Reserve Bank of Richmond Economic Quarterly, vol. 93, no. 1, pp. 57-76.
    Search in Google Scholar
  8. HODRICK, R.J., PRESCOTT, E.C., 1997: Postwar US Business Cycles: An Empirical Investigation. Journal of Money, Credit & Banking, vol. 29, no. 1, pp. 1-16.
    Open DOISearch in Google Scholar
  9. HOFFMANN, M., HOLTEMÖLLER, O., 2010: Transmission of nominal Exchange Rate Changes to Export Prices and Trade Flows and Implications for Exchange Rate Policy. The Scandinavian Journal of Economics, vol. 112, no. 1, pp. 127-161.
    Open DOISearch in Google Scholar
  10. JINDROVÁ, M., 2007: Exchange Rate Dynamics and the Disconnect. Acta Oeconomica Pragensia, no. 2007/4, pp. 56-68.
    Search in Google Scholar
  11. KISS, G.D., SCHUSZTER, T., 2014: What are the Differences Between the Currencies of Foreign Exchange Loans? Public Finance Quarterly, vol. 59, no. 2, pp. 187-206.
    Search in Google Scholar
  12. MABIN, G. 2010. New Zealand’s Exchange Rate Cycles: Evidence and Drivers. New Zealand Treasury Working Paper 10/10. Wellington: New Zealand Treasury.
    Search in Google Scholar
  13. MEESE, R.A., ROGOFF, K.S., 1983: Empirical exchange rate models of the seventies: Do they fit out of sample? Journal of International Economics, vol. 14, no. 1, pp. 3-24.
    Open DOISearch in Google Scholar
  14. MIRDALA, R., 2013: Exchange Rate Pass-through to Domestic Prices under Different Exchange Rate Regimes. Journal of Applied Economic Sciences, vol. 8, no. 4(26), pp. 466-491.
    Open DOISearch in Google Scholar
  15. OBSTFELD, M., ROGOFF, K.S., 2001: The six major puzzles in international economics: Is there a common cause? In: NBER Macroeconomics Annual 2000, edited by Bernanke, B.S., Rogoff, K.S., pp. 339-412. Cambridge, MA: MIT Press.
    Open DOISearch in Google Scholar
  16. RAND, J., TARP, F., 2002: Business Cycles in Developing Countries: Are They Different? World Development, vol. 30, no. 12, pp. 2071-2088.
    Open DOISearch in Google Scholar
  17. RŮČKOVÁ, P., 2012: Profitability as Basic Criterion of Efficient Management in Context of Crisis Development. In: Proceedings of 13th International Conference on Finance and Banking, edited by Stavárek, D., Vodová, P. Karviná: Silesian University, School of Business Administration, 2012, pp. 313-320.
    Search in Google Scholar
  18. SCHMIDT-HEBBEL, K., 2006: New Zealand’s monetary and exchange-rate policy in international comparison. In: Testing stabilisation policy limits in a small open economy: Proceedings from a macroeconomic policy forum, pp. 83-144. Wellington: Reserve Bank of New Zealand.
    Search in Google Scholar
  19. STAVÁREK, D., 2013: Cyclical relationship between exchange rates and macrofundamentals in Central and Eastern Europe. Ekonomska Istraživanja - Economic Research, vol. 26, no. 2, pp. 83-98.
    Open DOISearch in Google Scholar
DOI: https://doi.org/10.1515/revecp-2015-0015 | Journal eISSN: 1804-1663 | Journal ISSN: 1213-2446
Journal RSS Feed
Language: English
Page range: 157 - 177
Published on: Jul 16, 2015
Published by: Mendel University in Brno
In partnership with: Paradigm Publishing Services
Keywords:
Effective exchange rates,
Volatility,
Variability,
Cycle,
High/low analysis,
Peak/trough analysis,
Cross-correlation
Related subjects:
Business and economics,
Political economics,
Economic theory, systems and structures

© 2015 Daniel Stavárek, Cynthia Miglietti, published by Mendel University in Brno
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 15 (2015): Issue 2 (June 2015)
Previous article
Next article