The paper examines the impact of EU enlargement on migration, the effects of the transition period on the free movement in the enlarged Union and the abolition of border checks between the new and u0091oldu0092 member states. It argues that the present enlargement will remain unfinished for an...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...