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Andersen, Torben M. - 2023

aims in terms of distribution and replacement rates are similar, the division of labour between defined benefit and …

Persistent link: https://www.econbiz.de/10014358668

Is Hard Brexit Detrimental to EU Integration? Theory and Evidence

Mikolajun, Irena - 2018

In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...

Persistent link: https://www.econbiz.de/10012908727

Quantifying Brexit : From Ex Post to Ex Ante Using Structural Gravity

Smarzynska Javorcik, Beata - 2020

Exploiting changes in the geography of economic integration in Europe, this paper uses detailed Exploiting changes in the geography of economic integration in Europe, we quantify the economic consequences of Brexit using a quantitative general equilibrium model that captures inter- and...

Persistent link: https://www.econbiz.de/10012850083

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

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 Trade and FDI Effects of EMU Enlargement

Brouwer, J.; Paap, Richard; Viaene, Jean-Marie - 2021

This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...

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 agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...

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

Is Prescott right?: welfare state policies and the incentives to work, learn and retire

Jacobs, Bas - 2008

This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...

Persistent link: https://www.econbiz.de/10010264345

Flexible outsourcing and the impacts of labour taxation in European welfare states

Koskela, Erkki; Poutvaara, Panu - 2008

-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation … affect wage formation, employment and welfare in dual domestic labour markets. Higher productivity of outsourcing, lower cost …-skilled workers. Increasing wage tax progression of lowskilled workers decreases the wage rate and increases the labour demand of low …

Persistent link: https://www.econbiz.de/10010264468

Corporate taxation and the welfare state

Keuschnigg, Christian - 2009

The paper compares the impact of corporate taxation and social insurance on foreign direct investment (FDI) and unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and the unemployment rate as a measure of labor income...

Persistent link: https://www.econbiz.de/10010264567

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