Nominal, real and structural convergence within the EU is a strong topic for the central banks and the European Central Bank. Joining the Economic and Monetary Union is a challenge for both acceding and participating economies. The convergence has a strong economic and political implications for...

The paper empirically investigates the monetary transmission mechanism in the Baltic States. The analysis of the transmission channels through which monetary policy shocks are transmitted is particularly important for the European Central Bank that makes monetary policy in an enlarged European...

The free movement of workers is a highly controversial issue with regard to the Eastern enlargement of the European Union (EU). Members of the EU are extremely anxious of mass immigration flows from Central and Eastern Europe countries (CEECs). This paper estimates the potential migration and...