The EU has long viewed economic and institutional convergence as important goals, but the results thus far have been decidedly mixed, and there remain several open questions: How exactly should convergence be defined? How much convergence is necessary? What steps can be taken to improve...

Economic performance and stabilization policy in a monetary union with imperfect labor and goods' markets / Fabrizio Coricelli, Alex Cukierman, and Alberto Dalmazzo ; Discussant: Erkki Koskela -- Asymmetric transmission of monetary policy: what should the ECB do if one size does not fit all? /...

Der Außenhandel zwischen der bestehenden "EU der 15" und den Beitrittskandidaten Mittel- und Osteuropas hat sich in den vergangenen 10 Jahren stürmisch ausgeweitet. Ausgehend von der traditionellen "klassischen" Handelstheorie und den Thesen der "Neuen Ökonomischen Geographie" werden die...