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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101
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Privatizations spark socialist backlash : evidence from East Germany's transformation
Hager, Anselm; Hennicke, Moritz; Krause, Werner; … - 2022
lackluster economic performance? This paper points to the rushed privatization of East European economies as one plausible driver …
Persistent link: https://www.econbiz.de/10013418954
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Does pension privatization increase economic growth? : evidence from Latin America and Eastern Europe
Altiparmakov, Nikola; Nedeljkovic, Milan - 2016
Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization … evidence that pension privatization in Latin America and Eastern Europe was associated with higher economic growth. The result … particularly unlikely in countries resorting to debt-financed privatization. Furthermore, we note the lack of positive pension …
Persistent link: https://www.econbiz.de/10011536201
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Meta-analysis of the business cycle correlation between the euro area and the CEECs
Fidrmuc, Jarko (contributor); Korhonen, Iikka (contributor) - 2006
We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already...
Persistent link: https://www.econbiz.de/10003301362
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The enlargement of the European Union and the redistribution of seigniorage wealth
Feist, Holger - 2001
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession countries will be winners from this redistribution, for...
Persistent link: https://www.econbiz.de/10011397787
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Exchange rate volatility and employment growth : empirical evidence from the CEE economies
Belke, Ansgar; Setzer, Ralph - 2003
According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...
Persistent link: https://www.econbiz.de/10011509536
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EMU enlargement, policy uncertainty and economic reforms
Hefeker, Carsten (contributor) - 2006
Persistent link: https://www.econbiz.de/10003364637
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Shadow economies and corruption all over the world : what do we really know?
Schneider, Friedrich (contributor) - 2006
Persistent link: https://www.econbiz.de/10003377261
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Modeling institutions, start-ups and productivity during transition
Brixiova, Zuzana; Égert, Balázs - 2010
The transition paths from plan to market have varied markedly across countries. Central and Eastern European and the Baltic countries, which opted for a fast and profound transformation of their institutions including business climates, rapidly narrowed the productivity gap with advanced...
Persistent link: https://www.econbiz.de/10003938148
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Real exchange rates in small open OECD and transition economies : comparing apples with oranges?
Égert, Balázs (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496465