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While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated...
Persistent link: https://www.econbiz.de/10010959461
€”Estonia, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and jointâ …
Persistent link: https://www.econbiz.de/10011244182
Latvia has rebounded from the crisis, after successfully undertaking a difficult adjustment program. The recovery has …
Persistent link: https://www.econbiz.de/10011244264
The IMF has approved an exceptional access Stand-By Arrangement for Latvia. The program is part of a coordinated …
Persistent link: https://www.econbiz.de/10011244780
This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The Baltic countries form a distinct group within a tightly integrated Nordic–Baltic region. They are following similar approaches to economic policy, broadly in line with those of...
Persistent link: https://www.econbiz.de/10011244869
Persistent link: https://www.econbiz.de/10005264258
The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in macroeconomic policies and in the policy mix, as well as in financial supervision in...
Persistent link: https://www.econbiz.de/10010790271
studies (Latvia, Lithuania, Montenegro, Poland, and Romania). Our results of the panel data analysis indicate that supply …
Persistent link: https://www.econbiz.de/10011163123
This note presents estimates of potential growth and the output gap in Latvia. The estimates suggest that the output …
Persistent link: https://www.econbiz.de/10011243161
Latvia entered the euro area in January 2014 with the fastest rate of growth in Europe. The 2014 Article IV …
Persistent link: https://www.econbiz.de/10011243959