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early 2000's both in "oldʺ and "newʺ EU member states. We estimate effects of labour market institutions on various …, statistical tests indicate that there is a difference in the institutional effects between oldʺ and newʺ EU members. -- Labour …
Persistent link: https://www.econbiz.de/10003763951
the EU's total population; and even though their economic output is much lower, it rises dynamically. New members' impact … on the EU policies has nevertheless been limited. This is due not only to the arcane voting rules within the EU, but also … vote together and that their influence is thus fairly limited. We argue that as the EU seemingly lacks energy to implement …
Persistent link: https://www.econbiz.de/10003790698
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …
Persistent link: https://www.econbiz.de/10003974520
both the host and the source countries. It models the host country stylistically as a core EU welfare state, with tax … financed benefits and migration policies, and the migration source country as an accession country (following the EU … voter.The paper models the host country stylistically as a member of the core of an economic union (i.e., a core EU welfare …
Persistent link: https://www.econbiz.de/10003974528
adaptation costs in the EU, divided by impact sectors. The findings show an expectedly large public burden in the adaptation of …
Persistent link: https://www.econbiz.de/10003994554
In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public spending, Germany is urged to reduce its current account...
Persistent link: https://www.econbiz.de/10008798227
Persistent link: https://www.econbiz.de/10003612738
Persistent link: https://www.econbiz.de/10003688885
Persistent link: https://www.econbiz.de/10003496514
We provide evidence on the fit of the hybrid New Keynesian Phillips curve for selected euro zone countries, the US and the UK. Instead of imposing rational expectations and estimating the Phillips curve by the Generalized Method of Moments, we follow Roberts (1997) and Adam and Padula (2003) and...
Persistent link: https://www.econbiz.de/10003301367