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Author:Jurgutyte, J.
Title:Lithuania's track to the euro and the endogeneity hypothesis
Journal:Baltic journal of economics
2006 : SPR-SUM, VOL. 6:1, p. 53-69
Index terms:business cycles
euro
Lithuania
Baltic countries
Language:eng
Abstract:Lithuania pegged its currency to the euro in the early 2002. This article examines the business cycle synchronization between Lithuania and the Euro area. Findings show positive correlation coefficients for 2002-2005 and that the Lithuanian business cycle becomes more synchronized with the business cycle in the Euro area.
SCIMA record nr: 262287
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