is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time …We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we … a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks …

countries with the advanced Europe countries. The results show strong co-movements in output growth and interest rates but … weaker linkages bewteen inflation and real credit growth within Europe. While the euro area is the dominant source of … small but notable impact of CESEE countries on the rest of the Europe …

in Europe with a focus on these two groups, looking at contributions from cyclical and other factors, and seeking to draw …

analysis finds strong role of supply links in cross-country export performance in Europe, where these links between countries …

, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …

to emerging Europe during 2000-07. In the model, countercyclical fiscal policy has two opposing effects on capital … (high returns in flow-destination countries), drove most of the private capital flows to emerging Europe. And active …