Brixiova, Zuzana; Morgan, Margaret H.; Wörgötter, Andreas - In: European Journal of Comparative Economics 7 (2010) 1, pp. 203-227
While the currency board served Estonia well during transition in the 1990s, it has limited its ability to counter the impact of the global financial crisis and heightened the currency risks. The euro adoption has thus become a top policy priority again. However, this paper finds that even after...
