Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 45
... average of last two months of 1998 only . ( 4 ) For Cyprus : data for 1997 . 4.3 . Currency Board or Central Bank ? Lessons from. ( la ) Annual average rate of change - comparing year 1998 with 1997. Calculations by Eurostat . ( 1b ) As ...
... average of last two months of 1998 only . ( 4 ) For Cyprus : data for 1997 . 4.3 . Currency Board or Central Bank ? Lessons from. ( la ) Annual average rate of change - comparing year 1998 with 1997. Calculations by Eurostat . ( 1b ) As ...
Page 114
... average nominal wages in the fourth quarter of 1998 fell on a quarterly and yearly basis ; for example , average wages in the fishing industry fell by about a third in the fourth quarter compared to the second quarter . For the whole ...
... average nominal wages in the fourth quarter of 1998 fell on a quarterly and yearly basis ; for example , average wages in the fishing industry fell by about a third in the fourth quarter compared to the second quarter . For the whole ...
Page 128
... Average wage in private and public sector ( left scale. 086 20 18 16 14 12 10 8 6 4 2 0 -266 5.97 7.97 9.97 11.97 CPI and nontradable sector prices ( y - to - y ) 6000 5000 4000 3000 2000 1000 0 I 1998 ||| N average wage in private ...
... Average wage in private and public sector ( left scale. 086 20 18 16 14 12 10 8 6 4 2 0 -266 5.97 7.97 9.97 11.97 CPI and nontradable sector prices ( y - to - y ) 6000 5000 4000 3000 2000 1000 0 I 1998 ||| N average wage in private ...
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accession countries adjustment adopt the euro anchor currency assets average Bank of Estonia Bank of Lithuania banking sector banking system budget Bulgaria candidate countries capital movements cent central bank commercial banks competitiveness credibility currency board arrangement currency board system Currency Commission current account deficit debt Directorate domestic Economic and Financial Economic and Monetary economic policy EMU acquis ERMII Estonian kroon Estonian monetary euro area European Commission European Union exchange rate policy exchange rate regime exports Financial Affairs financial markets financial sector fiscal policy fixed exchange rate flexibility foreign exchange framework growth Honohan implementation important increase inflation integration interbank interest rates investment Irish pound joining the euro liquidity litas macroeconomic Member monetary policy monetary system Monetary Union money market nominal participation payments percent period real exchange rate reserve requirement Russian crisis seigniorage stabilisation trade transition economies wages