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Prices and output co-movements : an empirical investigation for the CEECs

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  • Iuliana Matei

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article studies the features of co-movements of prices and production between six CEECs recently joined the EU and the euro zone. More precisely, based partially on the methodology suggested by Alesina, Barro and Tenreyro [2002], we evaluate the size and the persistence of prices and outputs shocks between each CEECs and euro zone. Results will contribute to the debate around the participation of the new members to the EMU.

Suggested Citation

  • Iuliana Matei, 2008. "Prices and output co-movements : an empirical investigation for the CEECs," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00335025, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00335025
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00335025
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    Keywords

    CEECs; European monetary integration; co-movements; AR models; CEECs.; Intégration monétaire européenne; co-mouvements; modèles AR; PECO.;
    All these keywords.

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