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need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …
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The eastern expansion of the EU resembles German unification in its mometousness. Whereas the latter led to a 26 …% increase in the population of the Federal Republic, the former will increase the population of the EU by 28% if all ten entry … and western Eurpean countries, a massive westward migration can be expected after EU expansion. A temporary east …
Persistent link: https://www.econbiz.de/10009781584
The rules laid down in Article 32 of the Protocol No. 18 on the Statute of the European System of Central Banks and of the European Central Bank of the Maastricht Treaty will significantly redistribute European seignorage income and hence the implicit entitlement to the 352 billion stock of...
Persistent link: https://www.econbiz.de/10009781634
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
Die Studie "EU-Erweiterung und Arbeitskräftemigration" wurde vom ifo Institut für Wirtschaftsforschung , München, im … Bundesministerium für Arbeit und Sozialordnung . Gegenstand der Studie sind die Auswirkungen der geplanten EU-Osterweiterung auf die … EU-Erweiterung werden ökonometrisch fundierte Simulationsrechnungen angestellt, die sich auf die fünf bevölkerung s …
Persistent link: https://www.econbiz.de/10011744064
While the formal decision of the ECB Council to impose interest on Target claims and liabilities is meaningless, this paper shows that the pooling of primary interest income among national central banks in the Eurozone implies that Target and cash balances do, in fact, bear an effective rate of...
Persistent link: https://www.econbiz.de/10012110196
This paper reconsiders the determinants of the exchange rate by studying the historical episode after the fall of the Iron Curtain. Testing a modified portfolio balance model, we attribute the strength of the deutschmark in the early nineties and the puzzling decline of the euro during its...
Persistent link: https://www.econbiz.de/10011398903