financial objectives.
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They can be di-
vided into structural and quantitative criteria, with a de-
tailed...announcements for CEEC countries not
only influenced country credit ratings but also...
The specification of the equation is given
below, where Di,t−j represents the dummy...+α2∆PCt + α3∆V Xt + εi,t (1)
Two models have been estimated where the variable...
danger is to the solvency of the central
bank (and thus indirectly to the government budget...In other words,
there are no (extraordinary) expenses to the government...
