Does Misaligned Currency Affect Economic Growth? – Evidence from Croatia
The main objective of this paper is to measure the currency misalignment of the Croatian kuna and to reveal whether it affects economic growth for the period 2001 (Q1) to 2013 (Q3). The estimate relies on recent cointegration techniques, VAR models and Granger causality tests. The findings show that...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
The Institute of Economics, Zagreb
2014-12-01
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Series: | Croatian Economic Survey |
Subjects: | |
Online Access: | http://hrcak.srce.hr/file/194562 |