Estonia has been operating a currency board arrangement tied to the deutschemark, now the euro, since 1992. Optimal … currency area considerations, policy orientation and the flexibility of prices and wages in Estonia support a case for monetary … union with the eurozone. But the European Union requires Estonia to wait until EU accession and subsequent Eurosystem …

This study develops a parsimonious stable coe?cient money demand model for Estonia for the period from 1995 till 2006 … Member States of the European Union that committed themselves to adopting of the Euro currency in the near future. …

This study develops a parsimonious stable coefficient money demand model for Estonia for the period from 1995 till 2006 … Member States of the European Union that committed themselves to adopting of the Euro currency in the near future. …