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Original Articles

Interest rate convergence in the Baltic countries of Latvia, Lithuania and Estonia

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Pages 1079-1083 | Published online: 06 Nov 2008

References

  • Frankel , J. , Schmukler , S. L. and Servin , L. 2004 . Global transmission of interest rates: monetary independence and currency regime . Journal of International Money and Finance , 23 : 701 – 33 .
  • Kjaergaard , M. and Larsen , J. A. K. 2001 . The Baltics – 10 years of independence . Monetary Review Danmarks National Bank , : 53 – 69 .
  • Obstfeld, M., Shambaugh, J. C. and Taylor, A. M. ( 2004 ) The trilemma in history: tradeoffs among exchange rates, monetary policy, and capital mobility, Working Paper
  • Pesaran , M. H. , Shin , Y. and Smith , R. J. 2001 . Bounds testing approaches to the analysis of levels relationships . Journal of Applied Econometrics , 16 : 289 – 326 .
  • Shambaugh , J. C. 2003 . The effect of fixed exchange rates on monetary policy . Quarterly Journal of Economics , forthcoming
  • Sutela, P. ( 2001 ) Managing capital flows in Estonia and Latvia, Bank of Finland Institute for Economies in transition, Discussion Papers No. 17, Bank of Finland, Helsinki, Finland

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