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need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …
Persistent link: https://www.econbiz.de/10011507973
10 countries from Central and Eastern Europe (CEEC) that will join the EU in 2004/7 the banking system is now dominated …
Persistent link: https://www.econbiz.de/10011508110
in the pre-euro EU. The results suggest that capital mobility and exchange rate market efficiency in Central Europe are … remarkably similar to conditions in the EU during the 1990s. …
Persistent link: https://www.econbiz.de/10011509413
According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...
Persistent link: https://www.econbiz.de/10011509536
In this paper we argue that strong political economy forces explain the rush of the EU to expand eastwards. We use a … model of vertical product differentiation in order to claim that technologically- advanced EU firms (residing in high …
Persistent link: https://www.econbiz.de/10011409769
unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small …
Persistent link: https://www.econbiz.de/10009781622
The paper studies the role of international implications after EU enlargement. Based on a formal model with migration … costs for both capital and labor, it predicts a two-sided migration from the new to the old EU countries which is later …
Persistent link: https://www.econbiz.de/10009781677
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union …
Persistent link: https://www.econbiz.de/10011397787