Money, Banking and Financial Markets in Central and Eastern Europe [electronic resource] : 20 Years of Transition /
Matousek, R.editor.
This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.
Description based upon print version of record.
Cover; Contents; List of Figures and Tables; Notes on Contributors; 1 Introduction; 2 The Spread of the Financial Crisis to Central and Eastern Europe: Evidence from the BIS Data; 3 Are Product Market Structures Affected by Banking Concentration: Evidence from Transition Countries; 4 Financing Constraints, Credit, Rationing, and Financing Obstacles: Evidence from Firm Level Data in South Eastern Europe; 5 Efficiency, Persistence and Predictability of Central European Stock Markets; 6 Non-Linear Stock Market Co-Movement in Central and East European Countries
7 Cross-Country Versus Cross-Regional Convergence in the European Union: An Empirical Exploration8 Price- and News-Based Measures of Financial Integration among New EU Member States and the Euro Area; 9 Exports and Economic Growth of East European Economies, 1996-2007; 10 Inflation Convergence in the New EU Member States from Central and Eastern Europe; 11 Persistent Differential Inflation Rates in the New Euro Member Countries: The Phillips Curve before and after Adopting the Euro; 12 Implications of Volatility for Uncovered Interest Parity Testing; Index
Includes bibliographical references and index.
This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.
Development economics.
International economics.
Banks and banking.
Macroeconomics.
Economic policy.
Economics.
Economic history.
Development Economics.
International Economics.
Banking.
Macroeconomics/Monetary Economics//Financial Economics.
Political Economy/Economic Systems.
Economic History.