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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
This 2014 Cluster Consultation report examines common themes and challenges facing the three Baltic countries—Estonia …
Persistent link: https://www.econbiz.de/10011244182
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
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of … arrangements and the EU banking union can enhance financial stability. Estonia needs to safeguard its external competitiveness …
Persistent link: https://www.econbiz.de/10011245026
Persistent link: https://www.econbiz.de/10005264258
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Persistent link: https://www.econbiz.de/10005605488
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
This 2014 Article IV Consultation highlights that in 2013, Estonia’s recovery from the crisis continued but at a slower pace. Real GDP growth was 0.8 percent, with private consumption providing the main support, although net exports made a negative contribution. Inflation declined to...
Persistent link: https://www.econbiz.de/10011242615
-added Tax (VAT) gap estimation methodology to Estonia for 2007–2012. It highlights that between 2009 and 2012, VAT receipts … compliance gap, the assessment gap in Estonia increased from 2009–2011, although the collections gap grew until 2009 and then …
Persistent link: https://www.econbiz.de/10011244051