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

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Author Info
Iuliana Matei () (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I)

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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.

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Publisher Info
Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00335025_v1.

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Date of creation: Oct 2008
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Handle: RePEc:hal:cesptp:halshs-00335025_v1

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Related research
Keywords: European monetary integration; co-movements; AR models; CEECs.;

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