CONTENTS

Introduction

I THE MONETARY TRANSMISSION MECHANISM IN THE BALTIC STATES
David G. Mayes

II MONETARY POLICY TRANSMISSION MECHANISMS: A THEORETICAL AND EMPIRICAL OVERVIEW
Reimo Juks

III THE MONETARY TRANSMISSION MECHANISM IN LITHUANIA
Igor Vetlov

IV THE MONETARY TRANSMISSION MECHANISM IN LATVIA
Mārtiņš Bitāns, Dainis Stikuts and Ivars Tillers

V THE MONETARY TRANSMISSION MECHANISM IN ESTONIA
Ülo Kaasik, Rasmus Kattai, Martti Randveer and Urmas Sepp

VI REFLECTIONS AND PROSPECTS
David G. Mayes

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