Labor market implications of switching the currency peg in a general equilibrium model for Lithuania / Lodovico Pizzati Pizzati, Lodovico

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Pizzati, Lodovico
Money - Lithuania.; Equilibrium (Economics) - Econometric models.; Labor market - Lithuania.
On February 2, 2002, Lithuania switched its currency anchor from the dollar to the euro. While pegging to the dollar (since April 1994) has proven successful throughout the transition years, the recent decision to peg to the euro was motivated by the increasing trade relations with European economies. Pizzati does not argue which peg is more appropriate, but he analyzes the implications of changing the exchange rate regime for different sectors and labor groups.
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