Money, Banking and Financial Markets in Central and Eastern Europe: 20 Years of Transition

Front Matter....Pages i-xviii
Introduction....Pages 1-4
The Spread of the Financial Crisis to Central and Eastern Europe: Evidence from the BIS Data....Pages 5-31
Are Product Market Structures Affected by Banking Concentration: Evidence from Transition Countries....Pages 32-61
Financing Constraints, Credit, Rationing, and Financing Obstacles: Evidence from Firm Level Data in South Eastern Europe....Pages 62-97
Efficiency, Persistence and Predictability of Central European Stock Markets....Pages 98-118
Non-Linear Stock Market Co-Movement in Central and East European Countries....Pages 119-138
Cross-Country Versus Cross-Regional Convergence in the European Union: An Empirical Exploration....Pages 139-160
Price- and News-Based Measures of Financial Integration among New EU Member States and the Euro Area....Pages 161-178
Exports and Economic Growth of East European Economies, 1996–2007....Pages 179-196
Inflation Convergence in the New EU Member States from Central and Eastern Europe....Pages 197-228
Persistent Differential Inflation Rates in the New Euro Member Countries: The Phillips Curve before and after Adopting the Euro....Pages 229-252
Implications of Volatility for Uncovered Interest Parity Testing....Pages 253-275
Back Matter....Pages 276-280