Foreest, P.W. van

forex country regime growth exchange model policy forex regime estimate panel exchange rate regression interest effect table result currency entry moment money order value market column choice paper correlation output level growth rates analysis inflation price variable forex rate accession stability germany evidence coefficient volatility observation regime speci fics bulgaria sample theory interest rate policy regimes balassa-samuelson effect group time t cointegration ficient variance fundamental economy european exchange rate regime emu entry accession countries process balassa-samuelson criteria period factor euroisation discussion nancial solution forex return rank regression results fi scal policies emu accession criteria interest rates future series speci institute policy variables emu countries