Republic, Hungary and Poland - and Euro area in terms of productivity growth differentials. Using panel estimation techniques … tries to explain relative price differentials observed over the past decade between four CEE economies - Slovakia, the Czech …

central in boosting potential output and productivity convergence in these economies. In this paper, we aim at achieving some … in improving competitiveness and in the determination of the exchange rate for the three largest new EU members: Poland …, Hungary and the Czech Republic. We adopt a sequential approach that sheds light on the role of capital flows and their …