Showing 1 - 10 of 35
Persistent link: https://www.econbiz.de/10002021662
The paper deals with the effects of migration resulting from EU Eastern enlargement on the welfare states of Western … is a rational reaction of the state. The proposed new EU constitution which contains far-reaching rules for a European …
Persistent link: https://www.econbiz.de/10002523041
Persistent link: https://www.econbiz.de/10002416069
criteria implies extensive business cycle harmonization between CEECs and EU countries in the medium term …
Persistent link: https://www.econbiz.de/10014224026
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these … countries in a manner similar to the synchronisation of supply and demand shocks we document for the EU in the 1990s …
Persistent link: https://www.econbiz.de/10014224096
(CEECs), a topic that has gained attention in recent years as new EU entrants prepare for participation in the monetary union …
Persistent link: https://www.econbiz.de/10014224103
The EU member states in CESEE have converged relatively rapidly to the global frontier, some even during the recent … numbers also do so. EU membership has and will in the future potentially help convergence through several private and public … channels, but in itself EU membership is not a guarantee for continued convergence. Reforms will be needed to utilise this …
Persistent link: https://www.econbiz.de/10014105665
advanced accession countries, the shocks remain significantly more idiosyncratic. Furthermore, many EU countries seem to have a … EU seems to have aligned the business cycles of these countries as well …
Persistent link: https://www.econbiz.de/10014108564
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession … with the euro area and conclude that continuing integration within the EU is likely to align the business cycles of these … countries in a manner similar to the synchronisation of supply and demand shocks we document for the EU in the 1990s.JEL numbers …
Persistent link: https://www.econbiz.de/10012963432
While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and moved into fiscal territory. This text describes and summarizes the crucial role played by the ECB in the intervention spiral resulting from its bid to manage the crisis. It also...
Persistent link: https://www.econbiz.de/10012918640