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This work contains three papers employing common factor methodologies to economic forecasting for Estonia. The methods …
Persistent link: https://www.econbiz.de/10009449682
The transmission of monetary and fiscal policies in an international context is one of the most prominent topics in the realm of international finance. In particular, researchers are interested in the effects of the respective policy on exchange rate movements, international price level...
Persistent link: https://www.econbiz.de/10009475313
In der vorliegenden Arbeit beschäftige ich mich mit der theoretischen Analyse von Geld- und Fiskalpolitik in Currency-Board-Systemen und der Währungsunion. Beide Währungssysteme haben seit den neunziger Jahren zunehmend an Bedeutung gewonnen, Currency Boards durch die Rückgewinnung der...
Persistent link: https://www.econbiz.de/10009476166
Die Gründung der EWU gilt als das wichtigste monetäre Ereignisse der jüngsten Vergangenheit. In der deutschen Geschichte gab es eine ähnliche Zäsur, die Währungsreform von 1871-76, in der nicht allein die gültigen Währungen, sondern auch das Bankwesen und das Metallregime verändert...
Persistent link: https://www.econbiz.de/10009454685
planning and ask about differences in job creation across two different transition economies: Estonia, which experienced rapid …
Persistent link: https://www.econbiz.de/10009476680
the view that efficiency considerations drive ownership changes (while earlier analysis for Estonia and for many other …
Persistent link: https://www.econbiz.de/10009477234
, ethnic groups, and workers with different skill levels. As Estonia entered recession in 2008, the unemployment rate almost … will be a key adjustment mechanism during the recession as well as in the medium term if Estonia is to become a knowledge …
Persistent link: https://www.econbiz.de/10009477390
From 2000 to 2007, Estonia was one of the fastest growing emerging market economies. A housing boom, fuelled by capital … board limited the Bank of Estonia’s ability to curb credit growth, while the fiscal policy framework amplified the cycle … tightened lending standards and capital outflows. Estonia is now in a severe recession. To restore high and sustainable growth …
Persistent link: https://www.econbiz.de/10009477392
Die vorliegende Dissertation zu makroökonomischen Themen beinhaltet einen einleitenden Literaturüberblick, drei eigenständige und voneinander unabhängige Kapitel sowie einen technischen Anhang. In Kapitel zwei wird ein Zwei-Länder Modell einer Währungsunion betrachtet, in dem die...
Persistent link: https://www.econbiz.de/10009467184
The trade-off between price stability and output stabilization is in the centre of monetary policy-making. This trade-off enters many macroeconomic models as the central bank is assumed to minimize some loss function consisting of inflation deviations and output deviations from some specific...
Persistent link: https://www.econbiz.de/10009476179