. . "Assessment of the Exchange Rate Convergence in Euro-Candidate Countries"@en . . "This paper assesses the exchange rate convergence in selected euro-candidate countries using an alternative approach to official exchange rate stability convergence criterion. We apply various versions of correlation analysis on daily returns and implied GARCH volatility of nominal exchange rates of the euro, Czech koruna, Hungarian forint, Polish zloty, Romanian leu, Slovak koruna and Croatian kuna vis-\u0155-vis US dollar. The results suggest that none of the eurocandidates\u2019 currencies achieved a sufficient degree of convergence. If anything, a majority of the currencies analyzed in the paper experienced a departure from convergence during the recent period." . "[06398B2C1A2E]" . "11" . . "Assessment of the Exchange Rate Convergence in Euro-Candidate Countries" . . "RO - Rumunsko" . "19520" . "Assessment of the Exchange Rate Convergence in Euro-Candidate Countries"@en . "25" . "exchange rate, convergence, correlation, GARCH, euro-candidates"@en . . "RIV/47813059:19520/09:#0000421!RIV10-GA0-19520___" . "Stav\u00E1rek, Daniel" . . "304215" . . . "This paper assesses the exchange rate convergence in selected euro-candidate countries using an alternative approach to official exchange rate stability convergence criterion. We apply various versions of correlation analysis on daily returns and implied GARCH volatility of nominal exchange rates of the euro, Czech koruna, Hungarian forint, Polish zloty, Romanian leu, Slovak koruna and Croatian kuna vis-\u0155-vis US dollar. The results suggest that none of the eurocandidates\u2019 currencies achieved a sufficient degree of convergence. If anything, a majority of the currencies analyzed in the paper experienced a departure from convergence during the recent period."@en . "Assessment of the Exchange Rate Convergence in Euro-Candidate Countries" . "Amfiteatru Economic Journal" . "RIV/47813059:19520/09:#0000421" . "1"^^ . . . "1"^^ . . . . . "22"^^ . "437LN" . . "1582-9146" . . "P(GA402/08/0067)" .