Lithuanian paper explores macroeconomic imbalances
Research examines misalignment in Central Eastern EU countries
A "more refined" analysis of misalignments in current accounts and real effective exchange rates could help improve the macroeconomic imbalance procedure in Europe, according to a working paper published by the Bank of Lithuania.
Current account and REER misalignments in central eastern EU countries: an update using the macroeconomic balance approach, by Mariarosaria Comunale, explores the current account and price competitiveness of the central eastern European Union countries that joined the
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