 | Competitiveness in Transition Economies : What Scope for Real Appreciation? Author/Editor: Kornelia Krajnyak, Jeronimo Zettelmeyer. Release Date:November, 1997 This paper estimates equilibrium dollar wages for 15 transition economies. Equilibrium dollar wages are interpreted as full employment wages consistent with a country’s physical and human more...
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| EMU and Long Interest Rates in Germany Author/Editor: Jeronimo Zettelmeyer. Release Date:December, 1996 The presence of an “EMU premium” in German long rates is tested by examining the co-movement of German and other European yields, as well as the exchange rate of the private more...
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