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. In Mittel- und Osteuropa, Ostasien, Lateinamerika und den rohstoffexportierenden Ländern werden Wachstumsprozesse durch …, schienen die Grenzen des kapitalmarktbasierten Wachstumsmodells absehbar. Michael Knogler, Osteuropa-Institut, Regensburg … Auslandsengagements in Mittel- und Osteuropa deutlich zurückfahren, so dass eine Reduzierung des Potentialwachstums und damit eine …
Persistent link: https://www.econbiz.de/10003947372
This paper explores the conflict of real and monetary convergence during the EMU run-up of the Central and Eastern European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability of higher inflation in the new member states. It...
Persistent link: https://www.econbiz.de/10014064076
Persistent link: https://www.econbiz.de/10002415582
Persistent link: https://www.econbiz.de/10003208796
This paper explores the conflict of real and monetary convergence during the EMU run-up of the Central and Eastern European member states. Using a Balassa-Samuelson model of productivity driven inflation, we find a high probability of higher inflation in the new member states. We compare the...
Persistent link: https://www.econbiz.de/10014060964
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013154599
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013155099
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013316298
Persistent link: https://www.econbiz.de/10012157263