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2005-12-15Buch DOI: 10.18452/3927
How much of the Macroeconomic Variation in Eastern Europe is Attributable to External Shocks?
dc.contributor.authorMaćkowiak, Bartosz
dc.date.accessioned2017-06-15T23:02:01Z
dc.date.available2017-06-15T23:02:01Z
dc.date.created2006-01-04
dc.date.issued2005-12-15
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4579
dc.description.abstractWe decompose by origin the sources of the variation in real aggregate output and aggregate price level in the Czech Republic, Hungary and Poland. We find that a sizable fraction of the variation is attributable to external shocks, especially so for aggregate price level. We show that euroarea interest rate shocks can account for a significant fraction of the external spillover effects. We conclude that theoretical models of advanced transition economies and policy rules for these economies should feature a prominent role for external shocks.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectVector autoregressioneng
dc.subjectGranger causal priorityeng
dc.subjecttransition economieseng
dc.subjectexternal shockseng
dc.subject.ddc330 Wirtschaft
dc.titleHow much of the Macroeconomic Variation in Eastern Europe is Attributable to External Shocks?
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-10055041
dc.identifier.doihttp://dx.doi.org/10.18452/3927
dc.subject.dnb17 Wirtschaft
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages33
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2005
local.edoc.container-issue61
local.edoc.container-year2005
local.edoc.container-erstkatid2195055-6

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