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The current economic policy discussion on financial integration in the European Union concentrates on cross-border mergers. We study the impact of cross-border lending in a theoretical model where banks acquire either hard or soft information on borrowing firms and predict that the closer firms...
Persistent link: https://www.econbiz.de/10010343928
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from …
Persistent link: https://www.econbiz.de/10013125463
holders in Europe (i.e. in EU Member States and the UK), but also by estimating their wage penalty relative to what they could …
Persistent link: https://www.econbiz.de/10014081009
Persistent link: https://www.econbiz.de/10013482548
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Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … with the EU was signed exceeded trade growth of the control group of countries which did not become members …
Persistent link: https://www.econbiz.de/10013324887