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"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10009711914
It is widely believed that the current recession has soured public attitudes towards immigration. But most existing studies are cross sectional and can shed little light on the economy-wide forces that shift public opinion on immigration. In this paper I use the six rounds of the European Social...
Persistent link: https://www.econbiz.de/10010364963
pressure for tougher immigration policies, governments have been constrained by the composition of immigration and by EU …
Persistent link: https://www.econbiz.de/10010250027
Die Macroeconomic Imbalance Procedure (MIP) ist Bestandteil des Regelwerks, das am 13. Dezember 2011 als sogenanntes "Sixpack" in Reaktion auf die europäische Finanz- und Schuldenkrise in Kraft trat. Die Krise hat gezeigt, dass interne und externe Ungleichgewichte eng miteinander verwoben sind....
Persistent link: https://www.econbiz.de/10011521456
Trust in the ECB has fallen to unprecedented lows in the aftermath of the financial crisis. Up to the start of the recession in 2008, trust levels in the ECB were moderately high and trust in the ECB was not affected by business cycle variables such as growth and inflation. This changed...
Persistent link: https://www.econbiz.de/10009126422
Persistent link: https://www.econbiz.de/10002181670
applications have been met with ever-tougher policies to deter them. Following a period of policy harmonisation, the EU has reached …, even from the point of view of EU citizens. Using an economic framework, it examines scenarios with different degrees of … policy harmonisation and integration among EU countries. Finally, it argues that there is an important role for enhanced …
Persistent link: https://www.econbiz.de/10003082106
-depth look at the Europe 2020 strategy and the goals it sets for the EU, with the aim of shedding light on the question of …
Persistent link: https://www.econbiz.de/10013101064
goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax …
Persistent link: https://www.econbiz.de/10013069791