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Persistent link: https://www.econbiz.de/10012617324
former USSR - the CIS and Baltic states - over 25 years from 1985 to 2009. We use the OECD methodology (OECD EPL, version II … the former USSR with respect to firing costs were extremely rigid and were subsequently liberalized by the 15 successor … decades. By now, the ex-USSR states as a group do not differ that much from the EU-15 and OECD countries in terms of the …
Persistent link: https://www.econbiz.de/10009312896
former USSR - the CIS and Baltic states - over 25 years from 1985 to 2009. We use the OECD methodology (OECD EPL, version II … the former USSR with respect to firing costs were extremely rigid and were subsequently liberalized by the 15 successor … decades. By now, the ex-USSR states as a group do not differ that much from the EU-15 and OECD countries in terms of the …
Persistent link: https://www.econbiz.de/10013135176
The paper identifies a number of stylized facts on the behavior of key macroeconomic variables during high inflation and stabilization in countries in transition. To examine the extent to which these stylized facts conform to the predictions of standard open economy monetary theory, the paper...
Persistent link: https://www.econbiz.de/10012782200
A higher degree of de jure autonomy and accountability of the central banks of the Baltic states, Russia, and other countries of the former Soviet Union appears to be positively correlated with lower average inflation. There also seems to be some positive correlation between greater central bank...
Persistent link: https://www.econbiz.de/10013317743
The paper identifies a number of stylized facts on the behavior of key macroeconomic variables during high inflation and stabilization in countries in transition. To examine the extent to which these stylized facts conform to the predictions of standard open economy monetary theory, the paper...
Persistent link: https://www.econbiz.de/10014400305
Despite their increasing fiscal burden, the public pension systems of BRO countries are failing to provide adequate social protection. Although there is a broad consensus about the need for pension reforms, BRO countries are debating whether to embark on systemic reforms or whether to correct...
Persistent link: https://www.econbiz.de/10014401886
A higher degree of de jure autonomy and accountability of the central banks of the Baltic states, Russia, and other countries of the former Soviet Union appears to be positively correlated with lower average inflation. There also seems to be some positive correlation between greater central bank...
Persistent link: https://www.econbiz.de/10014403427
This papers reviews the common challenges and key issues in the transition process, including the decline in output and determinants of future growth; the behavior of inflation and velocity and implications for stabilization policy; interenterprise arrears; fixed versus flexible exchange rates...
Persistent link: https://www.econbiz.de/10014405566
This paper provides an overview of the recent revenue performance in the Baltics, Russia, and other countries of the former Soviet Union, and a survey of these countries' efforts to modify tax policy in line with the needs of increasingly market-oriented economies and to increase the...
Persistent link: https://www.econbiz.de/10014405796