Microfoundations Of Economic Success: Lessons From Estonia
136,46 €
Tellimisel
Tarneaeg:
2-4 nädalat
Tootekood
9781847209290
Description:
This book uses detailed data on individual firms and households to explore the basis behind Estonia's record as the most successful of all the EU countries over the last decade. We find that much of the reason is the greater flexibility of the Estonian economy, in both price setting in employment and wages and in consumption. Estonia is also able to adjust to shocks more rapid...
This book uses detailed data on individual firms and households to explore the basis behind Estonia's record as the most successful of all the EU countries over the last decade. We find that much of the reason is the greater flexibility of the Estonian economy, in both price setting in employment and wages and in consumption. Estonia is also able to adjust to shocks more rapid...
Description:
This book uses detailed data on individual firms and households to explore the basis behind Estonia's record as the most successful of all the EU countries over the last decade. We find that much of the reason is the greater flexibility of the Estonian economy, in both price setting in employment and wages and in consumption. Estonia is also able to adjust to shocks more rapidly and with less cost than other countries. Coupled with a favorable macroeconomic policy and a good institutional structure and legal framework, Estonia will be an example to others despite the recent downturn.
Table of Contents:
Contents: Preface 1. The Path of Transition in Estonia David Mayes and Martti Randveer 2. Comparison of Pricing Behaviour of Firms in the Euro Area and Estonia Aurelijus DabuA'inskas and Martti Randveer 3. The Principles of Wage Formation in Estonian Companies Tairi Room and Lenno Uuskula 4. Productivity in Estonian Enterprises: The Role of Innovation and Competition Priit Vahter 5. Liquidity and Productivity Shocks: A Look at Sectoral Firm Creation Lenno Uuskula 6. A Microeconometric Analysis of Household Saving in Estonia: Income, Wealth and Financial Exposure Dmitry Kulikov, Annika Paabut and Karsten Staehr 7. Estimates of Employment and Welfare Effects of Personal Labour Income Taxation in a Flat-tax Country: The Case of Estonia Karsten Staehr 8. Outlook David Mayes, Martti Randveer
This book uses detailed data on individual firms and households to explore the basis behind Estonia's record as the most successful of all the EU countries over the last decade. We find that much of the reason is the greater flexibility of the Estonian economy, in both price setting in employment and wages and in consumption. Estonia is also able to adjust to shocks more rapidly and with less cost than other countries. Coupled with a favorable macroeconomic policy and a good institutional structure and legal framework, Estonia will be an example to others despite the recent downturn.
Table of Contents:
Contents: Preface 1. The Path of Transition in Estonia David Mayes and Martti Randveer 2. Comparison of Pricing Behaviour of Firms in the Euro Area and Estonia Aurelijus DabuA'inskas and Martti Randveer 3. The Principles of Wage Formation in Estonian Companies Tairi Room and Lenno Uuskula 4. Productivity in Estonian Enterprises: The Role of Innovation and Competition Priit Vahter 5. Liquidity and Productivity Shocks: A Look at Sectoral Firm Creation Lenno Uuskula 6. A Microeconometric Analysis of Household Saving in Estonia: Income, Wealth and Financial Exposure Dmitry Kulikov, Annika Paabut and Karsten Staehr 7. Estimates of Employment and Welfare Effects of Personal Labour Income Taxation in a Flat-tax Country: The Case of Estonia Karsten Staehr 8. Outlook David Mayes, Martti Randveer
| Autor | Mayes, David G. (Edited By) |
|---|---|
| Ilmumisaeg | 2009 |
| Kirjastus | Edward Elgar Publishing Ltd |
| Köide | Kõvakaaneline |
| Bestseller | Ei |
| Lehekülgede arv | 336 |
| Pikkus | 234 |
| Laius | 234 |
| Keel | English |
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