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dc.contributor.authorStein, Jerome L.en_US
dc.date.accessioned2009-01-28T15:53:04Z-
dc.date.available2009-01-28T15:53:04Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18813-
dc.description.abstractThis paper applies the NATREX model of equilibrium exchange rates to evaluate several key studies of the Central and Eastern European Countries (CEEC) in general, with particular emphasis upon the Czech Republic and Hungary and with references to Poland and Bulgaria. On the basis of the NATREX model, we evaluate several key studies to answer the questions: How can the trends in the real exchange rates of the transition economies be explained? What are sustainable trends in their real exchange rates? To what extent were the real exchange rates misaligned? What are sustainable/equilibrium current account deficits and net investment positions in the medium and in the long-run? What are the policy implications for the transition economies of the NATREX analysis?en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1449en_US
dc.subject.jelP2en_US
dc.subject.jelF32en_US
dc.subject.jelF31en_US
dc.subject.ddc330en_US
dc.subject.keywordtransition economiesen_US
dc.subject.keywordNATREX modelen_US
dc.subject.keywordequilibrium real exchange ratesen_US
dc.subject.keywordcurrent account deficitsen_US
dc.subject.keywordeuro areaen_US
dc.subject.stwWechselkursen_US
dc.subject.stwKaufkraftparitäten_US
dc.subject.stwGleichgewichten_US
dc.subject.stwZahlungsbilanzungleichgewichten_US
dc.subject.stwÜbergangswirtschaften_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwSchätzungen_US
dc.subject.stwOstmitteleuropaen_US
dc.titleThe transition economies : a NATREX evaluation of researchen_US
dc.typeWorking Paperen_US
dc.identifier.ppn485184729en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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