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both the host and the source countries. It models the host country stylistically as a core EU welfare state, with tax … financed benefits and migration policies, and the migration source country as an accession country (following the EU … voter.The paper models the host country stylistically as a member of the core of an economic union (i.e., a core EU welfare …
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We build a two-country dynamic general equilibrium model to study whether European citizens would benefit from the eventual accession of Turkey to the European Union. The results of the simulations show that Turkey's accession to the European Union is welfare enhancing for Europeans, provided...
Persistent link: https://www.econbiz.de/10008857835
Expanded separation portfolios ( Se ) and Treasurer’s portfolios T( Se ) are a sect of themselves. They arise out of risk-free assets and risky portfolios like other mutual funds. But their distinctive features set them apart from the common lot. This paper puts forth, firstly, a down-to-earth...
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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
This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition … bargaining game. Both players - the existing EU members and the applicants - benefit from enlargement, yet for the applicants … reform to the acquis is costly, while the EU prefers substantially reformed candidates. A waiting game unfolds. Within this …
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Union (EU) if the EU Structural Fund and CAP support measures are implemented immediately but markets are opened gradually …
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