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factors of production (capital and labor). In contrast, the consequences of FDI from the capital abundant country (EU) to the … country CGE model, including the EU and the CEEC. A panel regression for both regions separately, helps to decide empirically … advantage (increase in global net trade) has contributed to a decline in the labor income shares in the EU. Additionally, those …
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the actual implementation of this system would be politically problematic. -- EU enlargement ; migration ; welfare state …
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This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central-eastern Europe. We mitigate the small sample problem, which is especially acute for the NMS, by using a Bayesian estimation that combines...
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which all EU member states introduce free movement of workers simultaneously in 2011. The results suggest that the overall … level of migration from the East will amount to around 1 per cent of the EU15 population within a decade after enlargement …
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