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<oembed><version>1.0</version><provider_name>FIW</provider_name><provider_url>https://www.fiw.ac.at/en/</provider_url><author_name>hjp</author_name><author_url>https://www.fiw.ac.at/en/author/hjp/</author_url><title>Financial Liberalization and Institutional Development (2) - FIW</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="unuf0i6yDs"&gt;&lt;a href="https://www.fiw.ac.at/en/publications/financial-liberalization-and-institutional-development-2/"&gt;Financial Liberalization and Institutional Development (2)&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.fiw.ac.at/en/publications/financial-liberalization-and-institutional-development-2/embed/#?secret=unuf0i6yDs" width="600" height="338" title="&#x201C;Financial Liberalization and Institutional Development (2)&#x201D; &#x2014; FIW" data-secret="unuf0i6yDs" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>The objective of this paper is to assess whether the level of unionization and the rigidity of the exchange rate affected wages and monetary policy in SEE and CIS during the ongoing economic crisis. Towards that end, a New Keynesian model with price and wage rigidities is used. The model is estimated with a panel [&hellip;]</description><thumbnail_url>https://www.fiw.ac.at/wp-content/uploads/2023/03/wifo_fiw_logo_short_rgb.jpg</thumbnail_url><thumbnail_width>843</thumbnail_width><thumbnail_height>293</thumbnail_height></oembed>
