2019
DOI: 10.1016/j.inteco.2019.10.001
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Who leads the inflation cycle in Europe? Inflation cycle and spillover influence among Eurozone and non-Eurozone economies

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Cited by 5 publications
(2 citation statements)
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“…While, these macroeconomic variable are interconnected their degree of interdependence can vary from one period of analysis to another or from a short-term relationship to a long-term effect. This time varying effect is even more evident in the case of emerging economies that are more heterogeneous than large economies (Kang, Hernandez & Yoon, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…While, these macroeconomic variable are interconnected their degree of interdependence can vary from one period of analysis to another or from a short-term relationship to a long-term effect. This time varying effect is even more evident in the case of emerging economies that are more heterogeneous than large economies (Kang, Hernandez & Yoon, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…The conflicting results found in the exiting literature (e.g. Calvo & Reinhart, 2002;Hnatkovska, Lahiri & Vegh, 2013;Sensoy & Sobaci, 2014;Kang, Hernandez & Yoon, 2019) point out that the relationship between the exchange rate and the macroeconomic environment is complex, varies in time and its dependent on the characteristic of each country.…”
Section: Introductionmentioning
confidence: 99%