This paper shows that under imperfect competition the welfare effects of indirect tax harmonization may depend …, while harmonization always makes at least one country better off, and may be Pareto-improving, when taxes are levied under … the destination principle (which currently applies in the European Union), harmonization of origin-based taxes (as …

global regime of patent protection and asking whether harmonization of patent policies is necessary or sufficient for global …

We study the desirability of interventionist harmonization of legal standards across multiple, mutually interdependent … standard-setting with two means of interventionist harmonization: through centralization and through allocation of lawmaking … delineating the scope for, and the appropriate means of, interventionist harmonization. We find that greater jurisdictional …

concentration on social integration. The exogenous placement of immigrants “switches off” observable and unobservable differences in …-ethnics increases migrants’ interaction cost with natives and thus reduces the likelihood of integration. …

This article analyzes the consequences of integration in public education. I show that the flight from the integrated … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education … rich, who can resort to private education. I also analyze the overall society-wide effect of the integration policy and …

-West border; political integration is not rapidly followed by economic integration. Instead, we estimate that it takes at least …

Since the breakdown of the Bretton Woods System diverging current account positions in Europe have prevailed. While the … fiscal policy stances for current account imbalances in Europe since the early 1970s under alternative institutional monetary …

mortality reductions. Using data from 19 compulsory schooling reforms implemented in Europe during the twentieth century, we …

root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … important drivers of inflation rates in an enlarged Europe. House prices matter to some extent in the euro area, whereas the …