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150128 ||| eng |
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|a 9781451872729
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245 |
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|a Decoupling from the East Toward the West? Analyses of Spillovers to the Baltic Countries
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2009
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300 |
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|a 38 pages
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651 |
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4 |
|a Russian Federation
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653 |
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|a International finance
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653 |
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|a Energy: Demand and Supply
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653 |
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|a Externalities
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653 |
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|a Oil prices
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653 |
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|a Dynamic Treatment Effect Models
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653 |
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|a Currency; Foreign exchange
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653 |
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|a Real effective exchange rates
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653 |
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|a Trade: General
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653 |
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|a Diffusion Processes
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653 |
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|a Exports and Imports
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653 |
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|a International economics
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653 |
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|a Spillovers
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653 |
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|a Vector autoregression
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653 |
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|a Time-Series Models
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653 |
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|a Foreign Exchange
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653 |
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|a Exports
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653 |
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|a Prices
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653 |
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|a Macroeconomics
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653 |
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|a Econometrics
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653 |
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|a Dynamic Quantile Regressions
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653 |
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|a Econometrics & economic statistics
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653 |
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|a Foreign exchange
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710 |
2 |
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|a International Monetary Fund
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
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|a 10.5089/9781451872729.001
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856 |
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|u https://elibrary.imf.org/view/journals/001/2009/125/001.2009.issue-125-en.xml?cid=23002-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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520 |
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|a This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing spillovers from Russia. Shocks to the REER generally depress growth in the Baltics, and this intensifies over time. We also find that financial and trade channels dominate the transmission of spillovers to the region which partly explains the realization of downside risks to the Baltics from the global slowdown
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