Exchange Rate Volatility and Growth in Emerging Europe

Corina Georgeta Boar

back

References:

•  Alam, S., Sultana, A., Butt, M.S. (2010) “Does Social Expenditures Promote Economic Growth? A Multivariate Panel Cointegration Analysis for Asian Countries”, European Journal of Social Sciences , vol. 14, no. 1

•  Altar, M., Stancu, I., Necula, C., Bobeica , G., Bojesteanu, E., Ciurila, N., Murarasu, B., Sima, A.I., Magyari, I. (2008) “Elaborarea si estimarea de modele econometrice pentru studierea volatilitatii mediului macroeconomic din România”, Ed. ASE, Bucuresti

•  Aghion, P., Bacchetta, P., Ranciere, R., Rogoff, K. (2006) “Exchange Rate Volatility and Productivity Growth: The Role of Financial Development”, NBER Working Paper Series, no.12117

•  Arratibel, O., Furceri, D. (2008) “Real Convergence in Central and Eastern European EU Member States. Which Role for Exchange Rate Volatility?”, ECB Working Paper Series, no.929

•  Baltagi, B.H. (2005) “Econometric Analysis of Panel Data”, 3rd edition, West Sussex, England : John Willey&Sons, Ltd.

•  Black, F. (1976) “The Pricing of Commodity Contracts”, Journal of Financial Economics , 3:167-179

•  Bleaney, M., Francisco, M. (2008) “What Makes Currencies Volatile? An Empirical Investigation”, Univerisity of Nottingham-Discussion Papers in economics, no.8

•  Bollerslev, T. (1986) “Generalized Autoregressive Conditional Heteroskedasticity”, Journal of Econometrics , 31:307-327

•  Calvo, G., Reinhart, C. (2002) “Fear of Floating”, The Quarterly Journal of Economics , MIT Press, 117(2):379-408

•  Eichengreen, B., Leblang, D. (2002) “Capital Account Liberalization and Growth: Was Mr. Mahathir Right?”, NBERWorking Paper Series, no.9427

•  Edwards, S. (1989) “Real Exchange Rates in the Developing Countries: Concepts and Measurement”, NBER Working Paper Series, no.2950

•  Edwards, S. (1993) “The Political Economy of In_ation and Stabilization in Developing Countries”, NBER Working Paper Series, no.4319

•  Edwards, S., Levy-Yeyati, E. (2003) “Flexible Exchange Rates as Shock Absorbers”, NBER Working Paper Series, no.9867

•  Engle, R., Granger, C. (1987) “Co-integration and Error Correction: Representation, Estimation, and Testing,” Econometrica , 55, 251_276

•  Frankel, J., Rose, A., (2001) “An Estimate of The Effect on Common Currencies on Trade and Income”, KSG Faculty Research Working Paper Series, no.13

•  Friedman, M. (1953) “Essays in Positive Economics”, Chicago Press

•  Gali, J., Monacelli, T. (2005) “Monetary Policy and Exchange Rate Volatility an a Small Open Economy”, Review of Economic Studies , 72:707-734

•  Ganguly, S., Boucher, J. (2009) “Nominal Exchange Rate Volatility, Relative Price Volatility, and the Real Exchange Rate”, Journal of International Money and Finance , 1-17

•  Ghosh, A., Gulde, A.M., Ostry, J., Wolf, H. (1997) “Does the Nominal Exhange Rate Regime Matter?”, NBER Working Paper Series, no.5874

•  Ghosh, A., Gulde, A.M., Wolf, H. (2003) “Exchange Rate Regimes: Choices and Consequences”, Cambridge , Massachusetts : MIT Press

•  Greene, W.H. (2002) “Econometric Analysis”, 5th edition, New Jersey : Prentice Hall

•  Gutierrez, L., Gutierrez, M.M. (2003) “International R&D Spillovers and Productivity Growth in the Agricultural Sector. A Panel Cointegration Approach “, European Review of Agricultural Economics , Oxford University Press for the Foundation for the European Review of Agricultural Economics, 30(3):281-303

•  Johansen, S. (1991)”Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models”, Econometrica , 59, 1551-1580

•  Johansen, S. (1995) “Likelihood-based Inference in Cointegrated Vector Autoregressive Models”, Oxford : Oxford University Press

•  Kao, C. (1999) “Spurious Regression and Residual-Based Tests for Cointegration in Panel Data”, Journal of Econometrics , 90, 1-44

•  Meade, J. (1951) “The Theory of International Economic Policy”, London : Oxford University Press

•  Mundell, R. (1961) “A Theory of Optimum Currency Areas”, The American Economic Review , 51(4):657-665

•  Mundell, R.A., (1973a) “A Plan for a European Currency” In: Johnson, H.G. and Swoboda, A.K., Editors, (1973) “The Economics of Common Currencies”, Allen and Unwin, London , pp. 143-172

•  Mundell, R.A., (1973b) “Uncommon Arguments for Common Currencies” In: Johnson, H.G. and Swoboda, A.K., Editors, (1973) “The Economics of Common Currencies”, Allen and Unwin, London , pp. 114_132

•  Nelson, D. (1991) “Conditional Heteroskedasticity in Asset Returns: A New Approach”, Econometrica , 59(2):347-370

•  Pedroni, P. (1999) “Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors”, Oxford Bulletin of Economics and Statistics , 61, 653-70

•  Pedroni, P. (2004) “Panel Cointegration; Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis”, Econometric Theory , 20, 597-625

•  Reinhart, C., Calvo, G. (2002) “Fear of floating”, MPRA Paper, no. 1400

•  Sahan, F., Bektasoglu, Y. (2010) “A Panel Cointegration Analysis of Budget Deficit and Inflation for EU Countries and Turkey”, Empirical Studies in Social Sciences, prepared for the 6th International Student Conference, Izmir, Turkey

•  Schnabl, G. (2007a) “Exchange Rate Volatility and Growth in Small Open Economies at the EMU Periphery”, ECB Working Paper Series, no.773, 16

Copyright © 2009 | All rights reserved