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Beyond Balassa and Samuelson : real convergence, capital flows, and competitiveness in Greece
Belke, Ansgar; Haskamp, Ulrich; Schnabl, Gunther; … - 2015
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10011350203
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Local fiscal equalization in Estonia : is a reform necessary?
Friedrich, Peter; Nam, Chang-woon; Reiljan, Janno - 2009
on the unconditional, down-flow grant system in Estonia. In particular the procedure of determining the total sum of … ; Estonia …
Persistent link: https://www.econbiz.de/10003887473
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Labour market reforms and outcomes in Estonia
Brixiova, Zuzana; Égert, Balázs - 2012
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … opportunities. -- labour market reforms ; search model ; Estonia ; OECD countries …
Persistent link: https://www.econbiz.de/10009508093
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The impact of changes in second pension pillars on public finances in central and Eastern Europe
Égert, Balázs - 2012
a defined-benefit first pillar and iv) how does Estonia's temporary decrease in pension contributions compensated by …
Persistent link: https://www.econbiz.de/10009533961
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The effect of temporary migration experience on occupational mobility in Estonia
Masso, Jaan; Eamets, Raul; Mõtsmees, Pille - 2013
The literature on return migration includes several studies on the impact of foreign work experience on the returnees ́earnings or their decision to become self-employed; however in this paper we analyze the less studied effect on occupational mobility, i.e. how the job in home country after...
Persistent link: https://www.econbiz.de/10009765516
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Extracting leading indicators of bank fragility from market prices : Estonia focus
Chen, Yu-Fu (contributor); Funke, Michael (contributor);  … - 2006
Banking reform has proved to be one of the most problematic elements of economic transition in central and Eastern Europe. Therefore the paper considers the development of the Estonian banking sector and derives individual banks ́fragility scores during transition. To this end we use...
Persistent link: https://www.econbiz.de/10003300957
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Growing apart? : a tale of two republics: Estonia and Georgia
Thorvaldur Gylfason (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003624512
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Consequences of FTA withdrawal : evidence from "Uxit"
Gnutzmann, Hinnerk; Gnutzmann-Mkrtchyan, Arevik; Korn, … - 2021
evidence. In 2004, Estonia joined the European Union, which mandated that it withdraws from its FTA with Ukraine ("Uxit … panel estimations that trade volumes between Estonia and Ukraine fell by more than 20%. We find that withdrawing an FTA …
Persistent link: https://www.econbiz.de/10012421152
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Turkey and the EU : politics and economics of accession
Flam, Harry - 2003
This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the greatest number of council votes within twenty years, and receive the largest budget transfer. Free migration may increase the Turkish immigrant population in Germany from 2 to...
Persistent link: https://www.econbiz.de/10011506471
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Shedding light on the shadow economy : a global database and the interaction with the official one
Medina, Leandro; Schneider, Friedrich - 2019 - 2nd version
estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9 %. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …
Persistent link: https://www.econbiz.de/10012138830