BOFIT Discussion Papers

From Bank of Finland Institute for Emerging Economies (BOFIT)
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3/2004: Price variability and the speed of adjustment to the law of one price: evidence from Slovakia

Julius Horvath and Stanislav Vidovic

2/2004: Distortion costs and effects of price liberalisation in Russian energy markets: A CGE analysis

Leena Kerkelä

1/2004: Assessing equilibrium exchange rates in CEE acceding countries: can we have DEER with BEER without FEER? A critical survey of the literature

Balázs Égert

17/2003: Trade, product variety and welfare: a quantitative assessment for the transition economies in Central and Eastern Europe

Michael Funke and Ralf Ruhwedel

16/2003: Firms and public service provision in Russia

Pertti Haaparanta, Tuuli Juurikkala, Olga Lazareva, Jukka Pirttilä, Laura Solanko and Ekaterina Zhuravskaya

15/2003: Optimum currency area theory: A selective review

Julius Horvath

14/2003: The monetary approach to exchange rates in the CEECs

Jesus Crespo Cuaresma, Jarko Fidrmuc and Ronald MacDonald

13/2003: Job search behavior of unemployed in Russia

Natalia Smirnova

12/2003: Energy market liberalisation in the FSU: Simulations with the GTAP model

Toni Riipinen

11/2003: Bilateral equilibrium exchange rates of EU accession countries against the euro

Jörg Rahn

10/2003: Taxation, growth and welfare: Dynamic effects of Estonia's 2000 income tax act

Michael Funke and Holger Strulik

9/2003: An empirical note on growth and convergence across Russian regions

Laura Solanko

8/2003: Export variety and economic growth in East European transition economies

Michael Funke and Ralf Ruhwedel

7/2003: Choice of ownership structure and firm performance: Evidence from Estonia

Derek Jones, Panu Kalmi and Niels Mygind

6/2003: The euro goes East: Implications of the 2000-2002 economic slowdown for synchronisation of business cycles between the euro area and CEECs

Jarko Fidrmuc and Iikka Korhonen

5/2003: What drives financial crises in emerging markets?

Tuomas Komulainen and Johanna Lukkarila

4/2003: The political economy of reforms: Empirical evidence from post-communist transition in the 1990s

Byung-Yeon Kim and Jukka Pirttilä

3/2003: Do asymmetric terms of trade shocks affect private savings in a transition economy?

Abdur R. Chowdhury

2/2003: The dynamics of capital structure in transition economies

Eugene Nivorozhkin

1/2003: Reforms and economic growth in transition economies: Complementarity, sequencing and speed

Karsten Staehr

16/2002: Some benefits of reducing inflation in transition economies

Monika Blaszkiewicz, Jerzy Konieczny, Anna Myslinska, Artur Radziwil and Wozniak Przemyslaw

15/2002: Equilibrium exchange rates in transition countries: Evidence from dynamic heterogenous panel models

Byung-Yeon Kim and Iikka Korhonen

14/2002: Do efficient banking sectors accelerate economic growth in transition countries?

Tuuli Koivu

13/2002: Democracy and growth: An alternative empirical approach

Jian-Guang Shen

12/2002: Federal state shareholdings in Russian companies: Origin, forms and consequences for enterprise performance

Alexander Muravyev

11/2002: Too many to fail? Inter-enterprise arrears in transition economies

Antje Hildebrandt

10/2002: Transition in FSU and sub-Saharan countries: The role of institutions

Juhani Laurila

9/2002: Financial sector development in transition economies: Lessons from the first decade

John Bonin and Paul Wachtel

8/2002: Real currency appreciation in accession countries: Balassa-Samuelson and investment demand

Christoph Fischer

7/2002: Financial contagion, interest rates and the role of the exchange rate as shock absorber in Central and Eastern Europe

Maurizio Michael Habib

6/2002: Investigating the Balassa-Samuelson hypothesis in transition: Do we understand what we see?

Balázs Égert

5/2002: Are the Central and Eastern European transition countries still vulnerable to a financial crisis? Results from the signals approach

Axel Brüggemann and Thomas Linne

4/2002: Exchange rate regimes and nominal convergence in the CEECs

Marketta Järvinen

3/2002: The role of oil prices and the real exchange rate in Russia's economy

Jouko Rautava

2/2002: Bank panics in transition economies

Juha-Pekka Niinimäki

1/2002: Integration of the Baltic States into the EU and institutios of fiscal convergence

Ali Kutan and Niina Pautola-Mol

17/2001: Managing capital flows in Estonia and Latvia

Pekka Sutela

16/2001: Determinants of inflation in Poland: A structural cointegration approach

Byung-Yeon Kim

15/2001: Money, barter and inflation in Russia

Byung-Yeon Kim, Jukka Pirttilä and Jouko Rautava

14/2001: Similarity of supply and demand shocks between the euro area and the accession countries

Jarko Fidrmuc and Iikka Korhonen

13/2001: Convergence of European transition economies and the EU: What do the data show

Vadims Sarajevs

12/2001: The role of the new entrepreneurial private sector in transition and economic performance in light of the successes in Poland, the Czech Republic and Hungary

Jan Winiecki

11/2001: Substituting a substitute currency: The case of Estonia

Kari Heimonen

10/2001: Currency crises in emerging markets: Capital flows and herding behaviour

Tuomas Komulainen

9/2001: Some empirical tests on the integration of economic activity between the Euro area and the accession countries

Iikka Korhonen

8/2001: The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement

Jarko Fidrmuc

7/2001: Interpreting real exchange rate movements in transition countries

Mark De Broeck and Torsten Sloek

6/2001: International investors, contagion and the Russian crisis

Alexei Medvedev

5/2001: The dynamics of moonlightning: What is happening in the Russian informal economy?

Alessandra Guariglia and Byung-Yeon Kim

4/2001: Fiscal competition in a transition economy

Laura Solanko