Series: IMF Working Papers
Author(s): Marcus Pramor , and Natalia Tamirisa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2006
Keywords: exchange rate, volatility, GARCH, convergence, Central Europe, currency markets, correlations, equation, Financial Aspects of Economic Integration,
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...