The main aim of this paper is to examine the exchange rate behavior of a group of four transitional, EU accession …

paribus, to changes in VAT revenues in the individual EU countries. For instance, the member countries with trade surpluses … type of revenue imbalance among the EU nations. The introduction of the Single Market in 1993 appears to have further … encouraged firms' and households' evasive behaviour in paying VAT in the EU. In order to estimate its relevance, this study …

decisions on the EU-wide average of inflation and growth or should it instead focus on (appropriately weighted) national rates …