membership (Czech Republic, Hungary, Poland, and Slovakia). A Multi-Annual Fiscal Adjustment Strategy (MAFAS) and a Pre … that they established CEFTA (which Slovenia since joined) also helps set them apart from other EU associates in the region …

Poland so far. We then develop a model and use it to think about the determinants of the speed of transition and the level of … unemployment. Finally, we return to the role of policy and the future in Poland, as well as the causes of cross-Central European …

estimate only moderate effects on the financial sector: the share of Non Performing Loans on bank balance sheets would increase …

This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and … Hungary. While the examined countries have missed inflation targets often by a large margin, they nevertheless progressed well … performance will improve and support for the central bank will be higher if the central banks emphasize avoiding undershoots of …

strategies may sometimes be the best. This paper compares the regulation of financial markets in Poland and the Czech Republic in … the 1990s, when the judicial systems remained underdeveloped in both countries. In Poland, strict enforcement of the …

Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My … to seek consensus on labor issues -- as they had done under reform communism. By contrast, labor market outcomes changed …

and a third of the decline in Poland …

The paper uses bank- and instrument-level data on asset holdings and liabilities to identify and estimate a general … equilibrium model of trade in financial instruments. Bilateral ties are formed as each bank selects the size and the … lead to less amplification of partial equilibrium shocks, (ii) the influence of a bank's equity is independent of the size …