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those with other regimes. The experiences of three candidates for EU membership with CBAs (Estonia, Lithuania, and Bulgaria …
Persistent link: https://www.econbiz.de/10014402738
Volkswirtschaften. An den Beispielen Bulgarien, Estland, Polen und der Tschechischen Republik werden Perioden erhöhten spekulativen …
Persistent link: https://www.econbiz.de/10008650093
, Estonia, Lithuania, Bulgaria, and Bosnia and Herzegovina, the authors conclude that currency boards deliver significant …
Persistent link: https://www.econbiz.de/10003503129
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This paper presents an overview of the channels of monetary transmission and their manifestation in Bulgaria - a …
Persistent link: https://www.econbiz.de/10011473265
This paper presents an overview of the channels of monetary transmission and their manifestation in Bulgaria - a …
Persistent link: https://www.econbiz.de/10012549199
Persistent link: https://www.econbiz.de/10003320530
One of the main disadvantages of currency boards is the rule-based character of this system and the resulting inflexibility in case of shocks, a frequently recurring event in transition countries. Accordingly, central banks under currency board arrangements (CBA) are unable to respond to...
Persistent link: https://www.econbiz.de/10010498981
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