Does Misaligned Currency Affect Economic Growth? – Evidence from Croatia

The main objective of this paper is to measure the currency misalignment of the Croatian kuna and to reveal whether it affects economic growth for the period 2001 (Q1) to 2013 (Q3). The estimate relies on recent cointegration techniques, VAR models and Granger causality tests. The findings show that...

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Bibliographic Details
Main Authors: Tonći Svilokos, Meri Šuman Tolić
Format: Article
Language:English
Published: The Institute of Economics, Zagreb 2014-12-01
Series:Croatian Economic Survey
Subjects:
Online Access:http://hrcak.srce.hr/file/194562