...This chapter looks at Estonia’s adoption of a currency board arrangement in 1992. The discussions cover the board’s structure, monetary and banking policies, adjustments to the way of the European Monetary Union (EMU), and the board’s impact on macroeconomic performance. Berger H Credibility De...

...This chapter evaluates Bulgaria’s use of a currency board arrangement in 1997. The chapter covers the board’s structure and operation environment, monetary and banking policies, the board’s impact on macroeconomic performance, and outlook and adjustment on the way to the European Monetary Union...

... projections macroeconomic performance industry performance model calibration In this chapter we describe IGEM's projection of the U.S. economy. We show how the various elements of the model determine overall GDP growth and the composition of economic activity, including energy use. Among the main drivers...

... recycling capital taxes labor taxes lump-sum redistribution macroeconomic performance industry performance price-induced technical change household welfare social welfare efficiency equity egalitarian utilitarian regressivity progressivity Intense debates over measures to reduce the growth...

... Equilibrium Model IGEM Policy evaluation Social welfare measures Carbon taxes Energy and environmental policies Hillberry Russell confidence intervals delta method parameter estimates covariance matrix statistical significance carbon taxes revenue recycling capital taxes macroeconomic performance...

...This chapter examines Lithuania’s adoption of a currency board arrangement on April 1, 1994. The discussions looks at the board’s structure, monetary and banking policies, the exit debate and preparation for the European Monetary Union (EMU), and the board’s impact on macroeconomic performance...

...This chapter looks at the establishment of a currency board in Bosnia and Herzegovina in 1997. The analysis cover the board’s structure, monetary and banking policies, the board’s impact on macroeconomic performance, and Bosnia and Herzegovina’ economic outlook. Bosnia and Herzegovina Coats W...