Similar Search Results

A Spatial Perspective on European Integration : Heterogeneous Welfare and Migration Effects from the Single Market and the Brexit

Henkel, Marcel - 2017

We use a quantitative model to study the implications of European integration for welfare and migration flows across 1 …

Persistent link: https://www.econbiz.de/10012963382

European Integration and the Feldstein-Horioka Puzzle

Katsimi, Margarita - 2015

We estimate the Feldstein-Horioka equation for the period 1960-2012 and find structural breaks that coincide with the introduction of the European single market in 1993, the introduction of the euro in 1999 and the financial crisis in 2008. The results suggest that the correlation between...

Persistent link: https://www.econbiz.de/10013028896

Enlargement versus Deepening : The Trade-Off Facing Economic Unions

Lorz, Oliver - 2012

size of the union enlargement leads to deeper integration, whereas beyond that size further enlargement implies less …

Persistent link: https://www.econbiz.de/10012754994

Subsidizing National Champions : An Evolutionary Perspective

Aubert, Cecile - 2008

A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...

Persistent link: https://www.econbiz.de/10012770493

Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes

Amundsen, Eirik S. - 2018

Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...

Persistent link: https://www.econbiz.de/10012920348

How Will Brexit Affect Tax Competition and Tax Harmonization? The Role of Discriminatory Taxation

Fuest, Clemens - 2018

This paper develops a model of tax competition with three countries, which initially form a union where countries refrain from using different tax rates in different sectors of the economy. We study the impact of one country leaving the union. We show that the introduction of discriminatory...

Persistent link: https://www.econbiz.de/10012927512

Pro-Rich Inflation in Europe : Implications for the Measurement of Inequality

Gürer, Eren - 2018

This paper studies the distributional consequences of a systematic variation in expenditure shares and prices. Using European Union Household Budget Surveys and Harmonized Index of Consumer Prices data, we construct household-specific price indices and reveal the existence of a pro-rich...

Persistent link: https://www.econbiz.de/10012914674

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...

Persistent link: https://www.econbiz.de/10013012564

Central Bank Policy Rates : Are They Cointegrated?

Caporale, Guglielmo Maria - 2017

the US, the Eurozone, Australia, Canada, Japan and the UK using fractional integration and cointegration techniques … respectively. The univariate analysis suggests a high degree of persistence in all cases: the fractional integration parameter d is … integration of international financial markets and the coordinated monetary policy responses following the global financial crisis …

Persistent link: https://www.econbiz.de/10012958879

Tradable Refugee-Admission Quotas and EU Asylum Policy

Moraga, Jesús - 2014

The current EU Asylum policy is widely seen as ineffective and unfair. We propose an EU-wide market for tradable quotas on both refugees and asylum-seekers coupled with a matching mechanism linking countries' and migrants' preferences. We show that the proposed system can go a long way towards...

Persistent link: https://www.econbiz.de/10013043212