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), The External Dimension of the Euro Area: Assessing the Linkages, Cambridge: Cambridge University Press. Di Mauro F., L.V. Smith, S. Dées and M. H. Pesaran (2007), Exploring the international linkages of the euro area: a global VAR analysis, Journal of Applied Econometrics, vol. 22(1), pages 1-38. BIS Review 146/2007  7