Romania), of two CIS economies (Russia and Ukraine) and of Turkey. A systematic approach in terms of different time horizons …This paper investigates the equilibrium exchange rates of three Southeastern European countries (Bulgaria, Croatia and …-specific factors. For Russia, a first look is taken at the Dutch Disease phenomenon as a possible driving force behind equilibrium …

), two accession countries (Croatia and Turkey) and two CIS countries (Russia and Ukraine). The paper first studies the basic …This paper investigates the importance of the Balassa-Samuelson effect for two acceding countries (Bulgaria and Romania …