01755cas a2200265 a 4500 AALejournalIMF013960 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484337172 1018-5941 BD-DhAAL BD-DhAAL Andrle, Michal. The Role of Domestic and External Shocks in Poland : Results from an Agnostic Estimation Procedure / Michal Andrle, Roberto Garcia-Saltos, Giang Ho. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal variables, imposing powerful but uncontroversial assumptions that allow us to identify how external factors affect the evolution of business cycles in Poland in the period 1999-2012. Our results suggest that developments in the euro zone can explain about 50 percent of poland's output and interest rate business cycle variance and about 25 percent of the variance of inflation. Mode of access: Internet Garcia-Saltos, Roberto. Ho, Giang. IMF Working Papers; Working Paper ; No. 2013/220 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/220/001.2013.issue-220-en.xml IMF e-Library