Interest-Rate Volatility in the Baltics: Issues of Measurement and International Contagion

Article OPEN
Scott W. Hegerty;
(2015)
  • Journal: Eastern European Business and Economics Journal,volume 1,issue 1,pages12-27
  • Subject: Interest Rate Volatility, Baltics, Contagion, Vector Autoregression, GARCH.

Prior to their entry into the Eurozone, the Baltic countries of Estonia, Latvia, and Lithuania faced a major financial crisis that was brought about by events abroad. This financial risk led to instability in the real economy as well. This study uses monthly data to fir... View more
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