Constructing Historical Euro-Zone Data.

Existing methods of reconstructing historical Euro-zone data by aggregation of the individual countries' data raises numerous difficulties due to past exchange rate changes. The approach proposed here is designed to avoid such distortions, and aggregate exactly when exchange rates are fixed. In...

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Bibliographic Details
Main Authors: Doornik, J, Hendry, D, Beyer, A
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2000