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Meta-analysis of the business cycle correlation between the euro area and the CEECs

Fidrmuc, Jarko (contributor); Korhonen, Iikka (contributor) - 2006

countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 …

Persistent link: https://www.econbiz.de/10003301362

Institutions and creative destruction in CEECs : determinants of inefficient use of assets

Fidrmuc, Jarko; Siddiquiy, Martin - 2015

We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...

Persistent link: https://www.econbiz.de/10011375699

Verification of the new trade theory in EU's trade with CEECs : evidence from panel data 1990 - 1997

Fidrmuc, Jarko - 1999

The new trade theory explains several features of the current development of EU's trade with CEECs better than the … peripheral EU countries. However, this induced increased specialization in EU countries, which contrasts with the development in …Um gewisse Merkmale der gegenwärtigen Entwicklung des Osthandels der EU zu erklären, ist die neue Außenhandelstheorie …

Persistent link: https://www.econbiz.de/10009712333

Social union, convergence and migration

Sinn, Hans-Werner; Ochel, Wolfgang - 2003

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

Trade integration of Central and Eastern European countries : lessons from a gravity model

Bussière, Matthieu; Fidrmuc, Jarko; Schnatz, Bernd - 2005

Persistent link: https://www.econbiz.de/10003248656

EU enlargement, migration and the new constitution

Sinn, Hans-Werner (contributor) - 2004

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

Target Losses in Case of a Euro Break-Up

Sinn, Hans-Werner - 2012

Evaluation of the financial costs of a Eurozone breakup depends critically on the interpretation of TARGET balances. While it has been argued that TARGET claims in the Eurozone can be written off without incurring any losses on the claimants as the value of fiat money is independent of the...

Persistent link: https://www.econbiz.de/10013098046

Austerity, Growth and Inflation - Remarks on the Eurozone's Unresolved Competitiveness Problem

Sinn, Hans-Werner - 2013

While the financial protection measures enacted by the ECB and the community of Eurozone members have calmed financial markets, they have left the competitiveness problem of the Eurozone's southern countries and France unresolved. The paper compares price inflation before the crisis with the...

Persistent link: https://www.econbiz.de/10013087283

Target Balances and the German Financial Account in Light of the European Balance-of-Payments Crisis

Sinn, Hans-Werner - 2013

As shown in Sinn and Wollmershäuser (2012a), during the European balance-of-payments crisis, inter-governmental credit and Target credit granted by core-country central banks have replaced private international capital flows in financing the crisis countries' current account deficits, and even...

Persistent link: https://www.econbiz.de/10013088462

The Euro Goes East : Implications of the 2000-2002 Economic Slowdown for Synchronisation of Business Cycles between the Euro Area and Ceecs

Fidrmuc, Jarko - 2017

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