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Ratio of Wage Costs to Value Added 19922003
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Accountability Modalities annual appointment and dismissal approval assessed audited Balassa-Samuelson Balassa-Samuelson effect best practices Board capital market CECs central banks Chair Chief Director cointegration cointegration vector competitiveness Consultative Council current account Czech Republic dismissal arrangements economy effective exchange rate equilibrium exchange rate equilibrium value estimated Estonia euro export growth external financial and capital financial sector financial system foreign assets position forint FSAP Fund staff calculations governance structure HFSA HFSA's Hungarian Hungary increased independence and accountability indicators International Monetary Fund Latvia long-run Luxembourg Magyar Nemzeti Bank Ministerial involvement nominal non-executive nontradable operational independence oversight powers overvalued Parliament percent permanent component policies productivity differentials proposed public justification purchasing power parity Quintyn real effective exchange real exchange rate regulations regulatory governance regulatory power salary stability supervision supervisory agencies tradable trade transitory component transparency ULC-based REER variables