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The Convergence Dynamics of a Transition Economy

The Convergence Dynamics of a Transition Economy »

Source: The Convergence Dynamics of a Transition Economy : The Case of the Czech Republic

Volume/Issue: 2007/116

Series: IMF Working Papers

Author(s): Jan Bruha , Jiri Podpiera , and Stanislav Polak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

ISBN: 9781451866803

Keywords: Two-country modeling, Convergence, exchange rate, real exchange rate, transition economy, transition economies, exchange rate appreciation, Covergence,

In this paper we develop a two-country dynamic general equilibrium model by means of which we seek to explain the long-run paths of a converging emerging market economy. We borrow a paradigm from the New Open Econo...

Russian Federation: Selected Issues

Russian Federation: Selected Issues »

Source: Russian Federation : Selected Issues

Volume/Issue: 2000/150

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2000

ISBN: 9781451944945

Keywords: world market, labor productivity, labor market, transition economies, domestic demand

This Selected Issues paper analyzes Russia's growth performance, the recovery in output, factors behind the post-crisis recovery, the role of the ruble depreciation and higher international energy prices, and labor...

Russian Federation: Selected Issues

Russian Federation: Selected Issues »

Source: Russian Federation : Selected Issues

Volume/Issue: 2000/150

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2000

ISBN: 9781451944945

Keywords: world market, labor productivity, labor market, transition economies, domestic demand

This Selected Issues paper analyzes Russia's growth performance, the recovery in output, factors behind the post-crisis recovery, the role of the ruble depreciation and higher international energy prices, and labor...

Labor Market Institutions and Unemployment Dynamics in Transition Economies

Labor Market Institutions and Unemployment Dynamics in Transition Economies »

Source: Labor Market Institutions and Unemployment Dynamics in Transition Economies

Volume/Issue: 1997/137

Series: IMF Working Papers

Author(s): Pietro Garibaldi , and Zuzana Brixiova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451930566

Keywords: Unemployment, Transition Economies, Matching Models, wage, minimum wage, wages, benefits

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in which state sector firms endogenously shed labor and priv...

Privatization in Transition Countries

Privatization in Transition Countries »

Source: Privatization in Transition Countries : A Sampling of the Literature

Volume/Issue: 1999/6

Series: IMF Working Papers

Author(s): Oleh Havrylyshyn , and Donal McGettigan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1999

ISBN: 9781451842272

Keywords: Privatization, transition, state-owned enterprises, de novo enterprises, mass privatization, vouchers, transition economies, transition countries, voucher privatization

This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies almost invariably show privatized enterprises outperform state enterprises. Moreover, the literature...

Implications of EMU for Exchange Rate Policy in Central and Eastern Europe1

Implications of EMU for Exchange Rate Policy in Central and Eastern Europe1 »

Source: Implications of EMU for Exchange Rate Policy in Central and Eastern Europe

Volume/Issue: 1999/9

Series: IMF Working Papers

Author(s): George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1999

ISBN: 9781451842579

Keywords: international monetary arrangements, transition economies, exchange rate, accession countries, nominal exchange rate, exchange rate movements

In view of the requirements of Stage 2 of European Monetary Union (EMU) for accession to the European Union, this paper examines the desirability for, and the ability of, the lead candidates in Central and Eastern...

Macroeconomic Conditions and Import Surcharges in Selected Transition Economies

Macroeconomic Conditions and Import Surcharges in Selected Transition Economies »

Source: Macroeconomic Conditions and Import Surcharges in Selected Transition Economies

Volume/Issue: 1999/62

Series: IMF Working Papers

Author(s): Piritta Sorsa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

ISBN: 9781451848274

Keywords: exchange rates, exchange rate, real exchange rate, balance of payments, transition economies, trade policies

Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeco...

Real Convergence to EU Income Levels

Real Convergence to EU Income Levels »

Source: Real Convergence to EU Income Levels : Central Europe From 1990 to the Long Term

Volume/Issue: 2001/146

Series: IMF Working Papers

Author(s): Guorong Jiang , Peter Doyle , and Louis Kuijs

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2001

ISBN: 9781451856644

Keywords: Transition, EU accession, growth, growth accounting, Central Europe, tfp, capital stock, gdp growth, economic growth, total factor productivity

The paper discusses factors likely to shape the nature and pace of economic growth of five Central European transition countries now engaged in accession to the European Union. It is organized around the standard g...

Growth Slowdown in Bureaucratic Economic Systems

Growth Slowdown in Bureaucratic Economic Systems »

Source: Growth Slowdown in Bureaucratic Economic Systems : An Issue Revisited

Volume/Issue: 2001/6

Series: IMF Working Papers

Author(s): Ales Bulir , and Zuzana Brixiova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451842296

Keywords: Bureaucracy, planning, growth, growth rates, linear trend, statistics, economic growth, time series, One, Two

Bureaucratically organized systems tend to be less efficient than economies in which agents are free to choose their output targets, as well as the means to meet them. This paper presents a simple model of planner-...

The Convergence Dynamics of a Transition Economy
			: The Case of the Czech Republic

The Convergence Dynamics of a Transition Economy : The Case of the Czech Republic »

Volume/Issue: 2007/116

Series: IMF Working Papers

Author(s): Jan Bruha , Jiri Podpiera , and Stanislav Polak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

DOI: http://dx.doi.org/10.5089/9781451866803.001

ISBN: 9781451866803

Keywords: Two-country modeling, Convergence, exchange rate, real exchange rate, transition economy, transition economies, exchange rate appreciation, Covergence,

In this paper we develop a two-country dynamic general equilibrium model by means of which we seek to explain the long-run paths of a converging emerging market economy. We borrow a paradigm from the New Open Econo...