This paper investigates the concept and estimation of the output gap in transition economies, with special reference to the Czech Republic, Estonia and Kosovo. The motivation for investigating this phenomenon lies in the macroeconomic imbalances characterizing many transition economies, such as...

Banks in European Transition Economies are proportionally lending less than their counterparts in the Eurozone in the face of seemingly profitable loan opportunities, whilst apparently continuously holding excess liquidity. The question that arises is whether banks in European Transition...

Competitive conditions in the banking sectors in the light of transition process in the Central and Eastern Europe countries (CEE) has been subject of interest for researchers and policy-makers, especially upon entry of foreign banks and concentrated markets. In this paper the Panzar-Rosse...