Code: 06821088
This dissertation contains three essays focused on§macroeconomic issues in the Commonwealth Independent§States (CIS). Two essays, which analyse recent§monetary and inflation issues in the CIS, contribute§to empirical studies in th ... more
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This dissertation contains three essays focused on§macroeconomic issues in the Commonwealth Independent§States (CIS). Two essays, which analyse recent§monetary and inflation issues in the CIS, contribute§to empirical studies in the area of monetary§economics of countries under transition. The third§essay explores, formally and empirically, a link§between labor market regulations and international§trade and proposes a possible area of trade§specialization for a number of countries as, for§example, landlocked economies in Central Asia (CA).§The important theoretical point to be gained from§this essay is that there are very clear reasons for§international trade between similar or identical§countries, even between markets that are competitive.§Namely, the rational for international trade can be§based on, apart from the standard concept of§differences in productivities, differences in labor§market regulations among countries.
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