This paper offers a systematic evaluation of the evidence on the effects of currency unions
on the synchronisation of economic activity. Focusing on Europe, we construct a database of …

The purpose of this book is to introduce novice researchers to the tools of meta-analysis and
meta-regression analysis and to summarize the state of the art for existing practitioners …

This paper puts forward a global macro model comprising 43 countries and covering the
period from Q1 1995 to Q4 2011. Our regional focus is on countries in Central, Eastern and …

Since the introduction of the euro in January 1999, exchange rate stability in the periphery of
the euro area is growing. The paper investigates the impact of exchange rate stability on …

We review a large body of literature dealing with the effects of Foreign Direct Investment
(FDI) on economies during their transformation from a command economic system toward a …

This paper analyzes the synchronization of business cycles between new and old EU
members using various measures. The main findings are that Hungary, Poland and …

We present a meta-analysis of the impact of higher capital requirements imposed by
regulatory reforms on the macroeconomic activity (Basel III). The empirical evidence derived …

This paper investigates the role of trade openness, export diversification and institutions as
potential predictors of output volatility in 25 transition economies in the period 1996–2010 …

This paper uses a meta‐analysis to survey existing factor forecast applications for output
and inflation and assesses what causes large factor models to perform better or more poorly …

We estimate the impact of macroeconomic news on composite stock returns in three
emerging European Union financial markets (the Budapest BUX, Prague PX-50, and …