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This paper analyses the Balassa-Samuelson (B-S) framework for the case of Estonia using a unique dataset that consists … transition countries. It turns out that the first three aspects do matter and, in addition to this, Estonia appears to bear very …, Johansen) shows that productivity is strongly related to relative prices only when regulated prices are controlled for …
Persistent link: https://www.econbiz.de/10014067119
The objective of the paper is to analyse the nominal and real convergence process in Estonia drawing on the Balassa … for the period 1993:Q1 to 2002:Q1 to show that the productivity differential is related to the GDP-deflator relative price … - we show that excluding regulated prices makes it possible to detect a robust relationship between productivity and the …
Persistent link: https://www.econbiz.de/10014087357
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … opportunities. -- labour market reforms ; search model ; Estonia ; OECD countries …
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The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … opportunities. -- labour market reforms ; search model ; Estonia ; OECD countries …
Persistent link: https://www.econbiz.de/10009530735
a defined-benefit first pillar and iv) how does Estonia's temporary decrease in pension contributions compensated by …
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