English, Article, Journal or magazine article edition: Exchange Market Pressure in Central Europe: An Application of the Girton-Roper Model Stavarek, Daniel; Dohnal, Marek

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/122553
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Exchange Market Pressure in Central Europe: An Application of the Girton-Roper Model
Author
  • Stavarek, Daniel
  • Dohnal, Marek
Physical Description
  • preprint
Notes
  • This paper applies the Girton-Roper model of exchange market pressure (EMP) on four Central European economies (Czech Republic, Hungary, Poland, Slovakia) over the period 1995-2008. The results suggest that there is a strong negative relation between domestic credit and EMP in all countries. We also found evidence of positive effect of domestic income on EMP in most of the countries. The paper reveals that EMP in the Czech Republic and Hungary was mostly absorbed by changes of exchange rate while changes in reserves absorbed EMP in Slovakia. The levels of EMP estimated do not pose a significant threat for fulfilment of the exchange rate stability convergence criterion.
  • exchange market pressure; Girton-Roper model; euro-candidate countries
  • RePEc:pra:mprapa:15744
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment