Showing 1 - 10 of 28
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
This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is … decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and … characteristic inter-country pattern of enlargement-induced welfare effects for all EU15 countries. Aggregating these across …
Persistent link: https://www.econbiz.de/10009749616
Die Osterweiterung der EU verursacht für die bestehenden Mitgliedsländer Kosten. Sowohl die Gemeinsame Agrarpolitik …, als auch die Regional- und Strukturpolitik der EU werden zu einem Nettotransfer von den alten zu den neuen … präsentiert, und die "österreichischen Ergebnisse" werden dann näherungsweise auf die anderen EU-Länder übertragen. Es entsteht …
Persistent link: https://www.econbiz.de/10009750241
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
Persistent link: https://www.econbiz.de/10008933713
Persistent link: https://www.econbiz.de/10011295808
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/10001934929
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