Égert, Balázs (contributor); Backé, Peter (contributor); … - 2006
France, the Czech Republic, Lithuania
and Estonia, respectively. We also thank Steven Fries and Tatiana Lysenko for the EBRD … consequences of an initial under-
or overshooting 13
3.4 The empirical literature on transition
economies 14
4 Economic and … that the initial overshooting might not ve been that large for the Czech Republic and
Slovakia, after all. Finally, it is …