Showing 1 - 10 of 19
The monetary system in Estonia is based on the currency board arrangement with German Mark. The strong commitments and … rule-based features of currency board imply that there is no active monetary policy in Estonia – all necessarily monetary …
Persistent link: https://www.econbiz.de/10005076744
Estonia is one of the most rapidly developing information societies in Central and Eastern Europe. Still, 61% of the … PRAXIS Center for Policy Studies from January to July 2002. The research was commissioned and financed by the Open Estonia … Foundation, the Look@World Foundation and the State Chancellery of the Republic of Estonia. It was co-financed by the …
Persistent link: https://www.econbiz.de/10005407742
This paper analyses the long-run effects of Estonia’s 2000 Income Tax Act with a dynamic general equilibrium model …
Persistent link: https://www.econbiz.de/10005412671
the view that efficiency considerations drive ownership changes (while earlier analysis for Estonia and for many other …
Persistent link: https://www.econbiz.de/10005412700
candidate countries. It aims to describe the ICT manufacturing and software industry in Estonia and also throw light on how this …
Persistent link: https://www.econbiz.de/10005550990
Estonia has had a currency board arrangement (CBA) for more than 10 years. Due to the successful performance of the … Estonian economy under a CBA the current position of the Bank of Estonia is to maintain its exchange rate regime until full … participation in the EMU, inter alia, during Estonia’s participation in ERM 2. Therefore, it is necessary to analyse the reasons for …
Persistent link: https://www.econbiz.de/10005561193
The paper presents a structural model framework for a small open economy. The model, based on optimising households and firms, has been calibrated on Czech macroeconomic data in order to develop an analytic framework suitable for analysing key policy questions related to the Czech Republic’s...
Persistent link: https://www.econbiz.de/10005076689
The recent economic literature shows a new interest in the links between politics and economics. In this paper, we join Hibbs’ partisanship theory with the literature of fiscal policies international co- ordination. Furthermore, by considering a monetary union context, we also open a new angle...
Persistent link: https://www.econbiz.de/10005076746
European countries have progressively integrated from the point of view of trade and investment and have a common currency now. However, labour market and fiscal institutions have largely retained their national status. The aim of this paper is to examine: a) the possibility for trade unions of...
Persistent link: https://www.econbiz.de/10005076748
This note looks ata the correlation of short-term business cycles in the euro area and the Eu accession countries. This issue is assessed with the help of vector autoregressive models. There are clear differences in the degree of correlation between acces-sion countries. For Hungary and...
Persistent link: https://www.econbiz.de/10005076777