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Latvia's experience over the past decade shows that economic growth and real convergence can no longer be assumed to be … enormous economic benefits to Latvia. However, it also brings important challenges on the macroeconomic front, especially prior … several risks remain. Given the facts that domestic demand remains buoyant and that Latvia will have to accommodate the …
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, Latvia, Lithuania and Poland and analysis of cross country data from these regions, Financial and Monetary Integration in the …
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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I build a quantitative two-country DSGE model of the European Union (EU) and investigate whether there are welfare gains from fiscal policy cooperation between the new EU members and the euro area (EMU). Fiscal cooperation is defined in terms of joint maximization of the weighted average of...
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