International migration issues are at the forefront of the political debate in the European Union (EU). Some reasons justify the increasing relevance of this topic, being the unprecedented scale of international migration flows, especially in countries such as Spain, the most prominent. In fact,...

In this paper we look at the impact of EMU on Spanish regional disparities in the framework of the Optimal Currency Areas theory and upon its distinction between benefits and costs of a monetary integration. In particular, here we want to deal with the main potential source of costs for the...

According to the Theory of Optimal Currency Areas, one of the main costs that EMU may entail for countries and regions belonging in it is the loss of monetary autonomy at the country level. In fact, the scenario brought about by the single currency does not allow for domestic policy adjustments...

Labour market is characterized in Spain by a high persistence in unemployment rates. One of the main reasons of this persistence is the lack of labour mobility. The present paper addresses this issue empirically and analyses the determinants of migration in Spain from a regional standpoint. We...