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Exchange Rate Policies in the Baltic States: From Extreme Inflation to Euro Membership

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  • Karsten Staehr

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  • Karsten Staehr, 2016. "Exchange Rate Policies in the Baltic States: From Extreme Inflation to Euro Membership," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(04), pages 09-18, January.
    • Handle: RePEc:ces:ifofor:v:16:y:2016:i:04:p:09-18
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    File URL: https://www.ifo.de/DocDL/forum-2015-4-staehr-baltic-tiger-december.pdf
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    References listed on IDEAS

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    1. John Lewis & Karsten Staehr, 2010. "The Maastricht Inflation Criterion: What is the Effect of European Union Enlargement?," Journal of Common Market Studies, Wiley Blackwell, vol. 48(3), pages 687-708, June.
    2. Urmas Sepp & Raoul Lättemäe & Martti Randveer, 2002. "The History and Sustainability of the CBA in Estonia," Macroeconomics 0212002, University Library of Munich, Germany.
    3. Iikka Korhonen, 2000. "Currency Boards in the Baltic Countries: What Have We Learned?," Post-Communist Economies, Taylor & Francis Journals, vol. 12(1), pages 25-46.
    4. Richard Frensch & Achim Schmillen, 2013. "The Penn Effect and Transition: The New EU Member States in International Perspective," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 55(1), pages 99-119, March.
    5. Schoors, Koen, 2003. "The effect of Soviet monetary disintegration on the collapse of trade between members of the Commonwealth of Independent States," Economic Systems, Elsevier, vol. 27(1), pages 1-26, March.
    6. Axel Lindner, 2011. "Macroeconomic adjustment: the Baltic states versus euro area crisis countries," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 46(6), pages 340-345, December.
    7. Gros,Daniel & Steinherr,Alfred, 2004. "Economic Transition in Central and Eastern Europe," Cambridge Books, Cambridge University Press, number 9780521826389, Enero.
    8. International Monetary Fund, 2010. "The Credit Boom in the EU New Member States: Bad Luck or Bad Policies?," IMF Working Papers 2010/130, International Monetary Fund.
    9. Brixiova, Zuzana & Vartia, Laura & Wörgötter, Andreas, 2010. "Capital flows and the boom-bust cycle: The case of Estonia," Economic Systems, Elsevier, vol. 34(1), pages 55-72, March.
    10. Zsolt Darvas & György Szapáry, 2008. "Euro Area Enlargement and Euro Adoption Strategies," European Economy - Economic Papers 2008 - 2015 304, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    11. Moritz Degler & Karsten Staehr, 2021. "Price and income convergence and the dynamic Penn effect in Central and Eastern Europe," Economic Change and Restructuring, Springer, vol. 54(3), pages 621-635, August.
    12. repec:bla:jcmkts:v:48:y:2010:i::p:687-708 is not listed on IDEAS
    13. Ravallion, Martin, 2010. "Price levels and economic growth : making sense of the PPP changes between ICP rounds," Policy Research Working Paper Series 5229, The World Bank.
    14. Karsten Staehr, 2013. "Austerity in the Baltic states during the global financial crisis," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 48(5), pages 293-302, September.
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    Cited by:

    1. Mariarosaria Comunale, 2019. "An investigation of the exchange rate pass-through in the Baltic states," CAMA Working Papers 2019-60, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

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    More about this item

    Keywords

    Wechselkurspolitik; Inflation; EU-Mitgliedschaft; Eurozone; Baltische Staaten; Estland; Lettland; Litauen;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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