08.06.2020
LIINA KULU, MADIS LAAS, JAANIKA MERIKÜLL, KASPAR OJA,  MARTTI RANDVEER, INDREK SAAPAR Abstract In August 2019 the Estonian government confirmed the principles for the reform of the second pension pillar. The planned reforms are intended to make joining and leaving the second pillar... more
01.10.2011
Working Papers of Eesti Pank. No. 10/2011 Both theoretical and empirical evidence show that recessions are steeper in countries with high levels of private debt and/or credit booms. But do these negative effects carry over to the period where the recession is over and the economy recovers from... more
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