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Equilibrium Real Exchange Rates in Transition
Halpern, László; Wyplosz, Charles - C.E.P.R. Discussion Papers - 1995
This paper tests two central assumptions regarding transforming economies: that the initial exchange rates were strongly undervalued and that the subsequent evolution of the real exchange rate was both a response to the initial undervaluation and an equilibrium real appreciation. The econometric...
Persistent link: https://www.econbiz.de/10005789210
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Growth in Transition: What we Know, What we Don't and What we Should
Campos, Nauro F; Coricelli, Fabrizio - C.E.P.R. Discussion Papers - 2002
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central … and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so …) institutions collapsed, and (7) the transition costs. We then critically survey the theoretical literature on transition …
Persistent link: https://www.econbiz.de/10005114235
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The Consequences of EU Enlargement for Central and Eastern European Labour Markets
Burda, Michael C - C.E.P.R. Discussion Papers - 1998
labour markets in the transition economies of Central and Eastern Europe. It argues that a hasty ‘return to Europe’ with … transition. …
Persistent link: https://www.econbiz.de/10005666680
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The Determining Factors of Foreign Direct Investment in Spain and the rest of the OECD: Lessons for CEECs
Martín, Carmela; Velazquez, Francisco J - C.E.P.R. Discussion Papers - 1997
This paper – using an estimation of an econometric model with panel data – investigates the determining factors in bilateral direct investment flows between OECD countries (except for the more recently-incorporated former communist countries of Central and Eastern Europe, or CEECs) over the...
Persistent link: https://www.econbiz.de/10005666827
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Foreign Direct Investment in Central and Eastern Europe: Employment Effects in the EU
Braconier, Henrik; Ekholm, Karolina - C.E.P.R. Discussion Papers - 2001
We use firm-level data on Swedish multinationals to analyse how the recent expansion of affiliate employment in Central and Eastern Europe (CEE) has affected affiliate employment elsewhere. According to our results, employment in affiliates located in other low-wage countries in Europe decreased...
Persistent link: https://www.econbiz.de/10005666898
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Domestic and Trade Policy for Central and East European Agriculture
Karp, Larry; Stefanou, Spiro - C.E.P.R. Discussion Papers - 1993
After a brief period of liberal agricultural policies, Central and East European (CEE) countries have begun to rely increasingly on price subsidies and trade restrictions. We outline the situation of CEE agriculture and describe current policies. Scarce government funds could be better used to...
Persistent link: https://www.econbiz.de/10005791494
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Structural Change and Unemployment in Central and Eastern Europe: Some Key Issues
Burda, Michael C - C.E.P.R. Discussion Papers - 1994
Labour markets in Central and Eastern Europe (CEE) will be a key vehicle for the expression and reallocation of skills and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this restructuring and reallocation. This paper surveys some of...
Persistent link: https://www.econbiz.de/10005792263
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Economic Fluctuations in Central and Eastern Europe: The Facts
Benczúr, Péter; Rátfai, Attila - C.E.P.R. Discussion Papers - 2005
exception is government spending: unlike in industrial economies, it is rather procyclical in transition economies. The findings …
Persistent link: https://www.econbiz.de/10005123579
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Intra-Industry Trade, Foreign Direct Investment and the Reorientation of East European Exports
Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1996
In the first half of the 1990s many Central and East European countries (CEECs) experienced very high growth rates of exports to OECD nations. This paper investigates the contribution of sources of comparative advantage and economic restructuring on the pattern, composition and volume of trade....
Persistent link: https://www.econbiz.de/10005124409
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Trade Performance and Trade Policy in Central and Eastern Europe
Drábek, Zdenek; Smith, Alasdair - C.E.P.R. Discussion Papers - 1995
The radical liberalization of foreign trade in Central and Eastern Europe since 1989 has been a key part of the economic reform and has been accompanied by a full-scale geographical reorientation of international trade from East to West. Increased trade with the EU has been associated with...
Persistent link: https://www.econbiz.de/10005136556