Union after 1960. The Great Recession was a shock to the development, and convergence within the EU-15 has suffered …-transition countries have mostly continued their catching up. Historically, convergence in the EU has been faster when aggregate GDP growth …

consideration are the enlargement of the EU, Russias likely membership in the WTO, the future economic agreements between the EU and …

The paper considers economic reforms in the EU using an economic-political model which captures the possible myopia in … consider the interaction between the reform activity and the Stability and Growth Pact, which hampers reforms in tax policies … been the case in reality in the EU. Econometric evidence presented in the paper also supports these results. Coordination …

identification of technology, non-technology and tax shocks. Then structural VAR models are estimated for all the EU-15 and some … other OECD countries to infer the above links. Our conclusion is that there is in the EU a fairly uniform and significant … the EU-15 a strong negative effect on employment while the latter are fairly neutral. Second, we simulate an aggregative …

The EU has ambitious goals in terms of economic performance. The goals are to be reached in combination with social … cohesion and sustainable development in terms of environment. The key economic policy instruments to be used by the EU member … system competition in tax and social policies. The aim of the project Tax/benefit systems and potential growth of the EU …

structural VAR models are estimated for the EU-15 and some other OECD countries to infer the above relationships. Our conclusion … is that there is in the EU a fairly uniform and significant short-run negative impulse on employment from a positive … the tax wedge on labour in the aggregate EU-15 is a fairly sizeable negative impact on employment both in the short and …

economies (EMEs) of Central and Eastern Europe towards the EU15 average by 2050. We estimate the countries initial capital … the euro is projected as a function of the GDP-per-capita gap vis-à-vis the EU15. We also discuss whether the level of … human capital in the EMEs is likely to allow for full catching up. We argue that the EU membership of most of the EMEs is …