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The role of direct democracy in the European Union

Feld, Lars P.; Kirchgässner, Gebhard - 2003

In this paper, the introduction of direct-democratic decision-making in all EU decisions is considered when it is feasible without prohibitively increasing decision-making costs. We start with the contractarian argument that each constitution is a contract joining the citizens of a state and...

Persistent link: https://www.econbiz.de/10011511096

Who is NOT voting for Brexit anymore?

Alabrese, Eleonora; Fetzer, Thiemo - 2018

Using estimates of support for Leave across UK local authority areas constructed from a comprehensive 20,000 strong survey, we show that both the level and the geographic variation capturing differential degrees of support for Leave have changed significantly since the 2016 EU referendum. A lot...

Persistent link: https://www.econbiz.de/10011941218

What is European integration really about? : a political guide for economists

Spolaore, Enrico - 2013

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...

Persistent link: https://www.econbiz.de/10009754523

The positive border effect of EU integration

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van; … - 2011

Distance related variables typically vary in a cross-section dimension but less so in a time dimension across cities, regions, or countries. The enlargement of the EU or the introduction of the euro, however, can be looked upon as integration shocks that are informative of the consequences of...

Persistent link: https://www.econbiz.de/10009009598

The enlargement of the European Union and the redistribution of seigniorage wealth

Feist, Holger - 2001

In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession countries will be winners from this redistribution, for...

Persistent link: https://www.econbiz.de/10011397787

Zooming out : the trade effect of the euro in historical perspective

Berger, Helge (contributor); Nitsch, Volker (contributor) - 2005

In 1999, eleven European countries formed the Economic and Monetary Union (EMU); they abandoned their national currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by itself) to a sizable and statistically significant...

Persistent link: https://www.econbiz.de/10002756253

EMU enlargement, policy uncertainty and economic reforms

Hefeker, Carsten (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364637

Close encounters of the European kind: economic integration, sectoral heterogeneity and structural reforms

Campos, Nauro; Eichenauer, Vera; Sturm, Jan-Egbert - 2020

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/10012291887

The European social welfare function shaped on a difference principle : a normative rawlsian approach in favour of Fiscal Union

Klaser, Klaudijo - 2018

Why might the European member states seek for Fiscal Union? Coordination, macro-stability purposes and provision of (European) public goods are certainly goals of paramount importance for the implementation of Fiscal Union at European level. However, there is an equally important component of...

Persistent link: https://www.econbiz.de/10011888687

Ordoliberalism, pragmatism and the Eurozone crisis : how the German tradition shaped economic policy in Europe

Feld, Lars P.; Köhler, Ekkehard A.; Nientiedt, Daniel - 2015 - This version: May 18, 2015

German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what … economic constitution for Europe in which several pillars supposedly aim at ensuring sound money in the Eurozone. The policies … the German government pushed during the Eurozone crisis have been informed by the ordoliberal tradition. In particular …

Persistent link: https://www.econbiz.de/10010528303

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