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

Author/Editor: Jan Bruha, Jiri Podpiera, Stanislav Polak.

Release Date:May, 2007

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 more...



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