Event

kalender

HFCS-CESEE Workshop

How to use survey data for analyzing financial stability in CESEE countries
January 26 and 27, 2017, OeNB, Vienna

Publications

magazines

Currency substitution in CESEE: why do households prefer euro payments?

This paper uses microdata from 2014 to examine the determinants of currency substitution in Central, Eastern and Southeastern European (CESEE) countries. To analyze the hysteresis of euroization in these countries, we combine the standard search-theoretic model of money demand with recent findings on the preference of CESEE households for saving in cash as well as with aspects of economic geography.

Publications

Magazines

BOFIT Policy Brief 11/2016

Considerations on new Rosstat data on the contribution of Russia’s military goods sector to GDP growth in recent years