This paper investigates patterns of manufacturing location in the context of increased economic integration in Central and East European countries. Using regional data for the period 1990-1999, we identify and compare patterns and determinants of manufacturing location in five European Union...

Advanced industrial countries have been exhibiting a steady decline of the labor income shares in the last two decades. We explain this phenomenon by resorting to the old Stolper-Samuelson theorem. The conclusions concerning the impact of free trade on the income distribution are unambiguous in...

This paper provides evidence that the choice of the foreign exchange regime is not of first order importance for achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate stability hinges on the current and anticipated...

Here the author empirically estimates if the different monetary and exchange rate frameworks observed in the Accession Countries of Central and Eastern Europe and the Baltics do yield different outcomes in terms of level and variance of a set of nominal and real variables. The author follows and...

This study evaluates potential migration flows to the European Union from its Eastern neighbors and Croatia. We perform out-of-sample forecasts to time series cross-sectional data about post-enlargement migration flows following the EU's 2004 enlargement. We consider two baseline policy...

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 single-market-induced migration from new to present...

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 Mitgliedsländern führen. Zugleich aber wird es zu...