-45. MCCALLUM, J., 1995, “National Borders Matter: Canada-US Regional Trade Patterns”, American Economic Review, June 615 … » Abstract In this paper, we try to relate country size to economic performance in the Euro area, focusing on the second … rethink its growth strategy with the arrival of the Eastern small states in the EU and the Euro area, Germany’s economic …

economic development and reduce income inequalities while the more advanced EU countries are currently very reluctant to this … economy, with the first years of transition characterised by disrupted economic relationships. Consequently, from a … as rich as Slovenia (the more advanced CEECs among new EU members) and Portugal as rich as the Czech republic (the …

economic fundamentals and potential forthcoming crises. We propose such an indicator in this paper and show that the predicted … nineties. In contrast, a comparison with other Central and Eastern European countries (such as the Czech Republic, Hungary and …, Hungary, Poland, the Slovak Republic, the Czech Republic and Kazakhstan. Our series are taken from the IMF database (IFS …

‘public social norms’ may limit national governments’ ability to manoeuver when building and managing an economic and monetary …. Social norms and their effect on economic behaviour and outcomes have been investigated at length. The essays collected by …’s (1969) postulate that social recognition plays a role along with economic gain in determining the behaviour of economic …

). Goldberg and Knetter (1997) repre- sents an excellent review of early work on the subject. 3 minants of PTM appears not to be … increased competition due to economic integration leads to a cut in profits and therefore exerts a downward pressure on margins … Statistics.8 5 Results We move now to the core of the paper, where we present our results and try attach an economic …

the economic growth and exacerbate the business cycle 1 . The purpose of this paper is to assess the determinants of … well-developed banking sector is conducive of higher economic growth. For instance, using a regression analysis based on …, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia). Following the theoretical and …

Complutense de Madrid, May. MODIGLIANI F. and R. SUTCH (1966), “Innovations in Interest Rate Policy”, American Economic Review … usual disclaimer applies. ♣ (corresponding author) Address: OFCE, Economic Research Dpt., 69, quai d’Orsay, 75340 Paris …, Economic Research Dpt., 69, quai d’Orsay, 75340 Paris cedex 07, France; tel. + 33 1 44 18 54 22; fax.: + 33 1 44 18 54 78 …