Similar Search Results

How Symmetric Are the Shocks and the Shock Adjustment Dynamics Between the Euro Area and Central and Eastern European Countries (CEEC)?

Frenkel, Michael - 2002

In this paper, we use a structural vector autoregression model to identify and compare demand and supply shocks between euro area countries and central and eastern European countries (CEECs). The shocks and the shock adjustment dynamics of these countries are also compared to EU countries that...

Persistent link: https://www.econbiz.de/10014401455

Implications of EMU for Exchange Rate Policy in Central and Eastern Europe

Kopits, George - 1999

In view of the requirements of Stage 2 of European Monetary Union (EMU) for accession to the European Union, this paper examines the desirability for, and the ability of, the lead candidates in Central and Eastern Europe to participate in the new exchange rate mechanism (ERM2) and eventually in...

Persistent link: https://www.econbiz.de/10014403432

Fiscal Transparency in EU Accession Countries : Progress and Future Challenges

Allan, William - 2003

This paper discusses the findings of fiscal transparency reports on standards and codes (ROSCs) for most EU accession candidate countries. Emphasis is given to the need to establish effective and accountable medium-term budget frameworks to establish policy credibility and anchor adjustment...

Persistent link: https://www.econbiz.de/10014403821

The ECB and Euro-Area Enlargement

Berger, Helge - 2002

The likely enlargement of euro-area membership will radically change the environment under which monetary policy will be made in the euro area. Within less than a decade, the number of member countries in the euro area could more than double, with the vast majority of accession countries being...

Persistent link: https://www.econbiz.de/10014399555

The great rebalancing act : can investment be a lever in Asia?

Nabar, Malhar; Syed, Murtaza - 2011

Persistent link: https://www.econbiz.de/10009487108

Transport infrastructure, city productivity growth and sectoral reallocation : evidence from China

Yang, Yang - 2018

This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to …

Persistent link: https://www.econbiz.de/10011978605

Foreign Direct Investment and Structural Reforms : Evidence From Eastern Europe and Latin America

Kinoshita, Yuko - 2008

This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main...

Persistent link: https://www.econbiz.de/10014401501

Economic Reform and Structural Adjustment in East European Industry

Borensztein, Eduardo - 1994

A consistent set of disaggregated industrial output data for four Eastern European countries is examined In order to determine the extent to which structural adjustment has taken place since the initiation of market-oriented reform. The latter created a massive relative price shock whose affects...

Persistent link: https://www.econbiz.de/10014396046

The Path of Output From Plan to Market

Gylfason, Thorvaldur - 1994

This paper is intended to clarify the contribution of macroeconomic stabilization and structural adjustment to the transformation from plan to market in Central and Eastern Europe and elsewhere. Four main points emerge. First, increased price stability improves the utilization of capital and...

Persistent link: https://www.econbiz.de/10014396085

Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy

Milesi-Ferretti, Gian-Maria - 1992

The corporate governance problem of state enterprises in former socialist economies can give rise to excessive wage claims and/or capital decumulation. This paper focuses on these problems, highlighting the dynamic links between wage behavior, the fiscal deficit, inflation and the capital stock....

Persistent link: https://www.econbiz.de/10014398237

1
2
3
4
5
6
7
8
9
10
Next
Last