This paper examines the importance of the economic sentiments of some macroeconomic key variables in Estonia, Slovenia and Latvia. We analyze the importance of domestic as well as foreign sentiments with respect to these economies against the background of their accession to the European...

Little is known about how the introduction of a common currency and a single monetary policy has affected the labour cost dynamics in the Euro area. The literature has focused mainly on business cycle synchronisation. This paper analyses labour costs convergence in the Euro area since 1995,...