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Bandyopadhyay, Siddhartha - 2020

We consider a model where agents differ in their ‘types' which determines their voluntary contribution towards a public good. We analyze what the equilibrium composition of groups are under centralized and centralized choice. We show that there exists a top-down sorting equilibrium i.e. an...

Persistent link: https://www.econbiz.de/10012824828

On Optimal Currency Areas and Common Cycles : Are the Acceding Countries Ready to Join the Euro?

Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021

The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...

Persistent link: https://www.econbiz.de/10013232406

The Brexit Conundrum Worsens the UK's Relationship with the European Union

Ryan, John T - 2019

This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...

Persistent link: https://www.econbiz.de/10012861473

The Trade and FDI Effects of EMU Enlargement

Brouwer, Jelle Hindriks; Paap, Richard; Viaene, Jean-Marie - 2021

European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component …

Persistent link: https://www.econbiz.de/10013316812

Expecting Brexit

Dhingra, Swati; Sampson, Thomas - 2022

The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration …

Persistent link: https://www.econbiz.de/10013306955

Financial Integration and Economic Growth in Europe

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2023

This study examines the impact of financial integration on economic growth in the case of 31 European countries over the period from 2000 to 2021 using dynamic panel data models. The estimation results provide evidence of significant positive effects of financial integration on economic growth....

Persistent link: https://www.econbiz.de/10014346251

Taxation Systems in the EU : The Role of Economic Integration and Global Financial Crisis

Erol, Kazım Okan - 2021

This study aims to scrutinize the change of public revenue systems of the EU-15 between 1980 and 2016. The share of consumption taxes in total tax revenues increases and this process have triggered higher tax burden on labor in most of the EU countries via indirect taxation. In this study I use...

Persistent link: https://www.econbiz.de/10013314956

Close Encounters of the European Kind : Economic Integration, Sectoral Heterogeneity and Structural Reforms

Campos, Nauro; Eichenauer, Vera; Sturm, Jan-Egbert - 2021

This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time...

Persistent link: https://www.econbiz.de/10013315287

Adding Geography to the New Economic Geography

Bosker, Erik Maarten; Brakman, Steven; Garretsen, Harry; … - 2021

For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...

Persistent link: https://www.econbiz.de/10013316995

Gallup Democracy in Exercising the NATO Membership Option : The Cases of Finland and Sweden

Kanniainen, Vesa - 2022

The paper asks whether the exercising of the NATO membership option is justified for Finland and Sweden in the light of … towards the membership. In both countries, the majority of people turned to favor the membership within 2-3 months. Finland … the optimal timing of exercising the option when the uncertainty regarding the value of the membership is rapidly diluting …

Persistent link: https://www.econbiz.de/10014078678