In this paper, we present an overview of a number of issues relating to the equilibrium
exchange rates of transition economies of the former soviet bloc. In particular, we present a …

The ambition of this paper is to provide a thorough overview of equilibrium exchange rates
in the acceding countries of Central and Eastern Europe. Therefore, theoretical models of …

This paper aims to explain differences in inflation between six central European economies–
Croatia, the Czech Republic, Hungary, Poland, Slovakia and Slovenia–and the euro area in …

Sažetak The paper surveys empirical evidence on the Harrod-Balassa-Samuelson effect.
The survey encompasses the published empirical work on the phenomenon since its (re) …

This paper estimates the Balassa-Samuelson effects for 11 countries in central and eastern
Europe on a disaggregated set of quarterly data covering the period from the mid-1990s to …

The United States maintains a broad spectrum of economic sanctions against China ranging
from export controls to prohibitions on certain imports. Our study finds that, although from a …

Estimation and simulation of sustainable real exchange rates in some of the new EU
accession countries point to potential difficulties in sustaining the ERM2 regime if entered …

This paper investigates the importance of the Balassa-Samuelson effect for two acceding
countries (Bulgaria and Romania), two accession countries (Croatia and Turkey) and two …

We decompose real appreciation in tradables derived from producer price indexes in three
Central European countries between the pricing‐to‐market component (disparity) and the …

The purpose of this paper is to evaluate the empirical relevance of real convergence on the
process of nominal convergence for the new EU Member States. We discuss two of the main …