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EU accession : a boon or bane for corruption?
Alfano, Vincenzo; Capasso, Salvatore; Goel, Rajeev K. - 2020
of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union … potentially faces two different and opposite effects on corruption. On the one hand, there are reasons to believe that corruption … is going to decrease because of the efforts of the EU to fight corruption or because of the opening of the markets to …
Persistent link: https://www.econbiz.de/10012199848
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Beyond Balassa and Samuelson : real convergence, capital flows, and competitiveness in Greece
Belke, Ansgar; Haskamp, Ulrich; Schnabl, Gunther; … - 2015
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10011350203
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Corruption under austerity
Daniele, Gianmarco; Giommoni, Tommaso - 2021
We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …
Persistent link: https://www.econbiz.de/10012437907
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Labour market institutions and their effect on labour market performance in the new EU member countries
Fialová, Kamila (contributor);  … - 2008
This article focuses on the role of labour market institutions in explaining different labour market developments in European countries, with a special attention to the new European Union member countries. This may allow us to analyse effects of various institutional setups and of their changes...
Persistent link: https://www.econbiz.de/10003763951
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Voting in the European Union : Central Europe's lost voice
Schneider, Ondřej (contributor) - 2008
Ten Central European countries became members of the European Union in the years 2004 - 2007. They constitute 20% of 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...
Persistent link: https://www.econbiz.de/10003790698
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EU banks rating assignments : is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
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 assigned lower ratings, ceteris paribus, than "old" ones. We...
Persistent link: https://www.econbiz.de/10003974520
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Fiscal and migration competition
Razin, Asaf; Tsadḳah, Efrayim - 2010
It is often argued that tax competition may lead to a 'race to the bottom'. This result may indeed hold in the case of factor mobility (such as capital). However, in this paper we emphasize the unique feature of labor migration, that may nullify the 'race to the bottom' hypothesis. Labor...
Persistent link: https://www.econbiz.de/10003974528
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The trade and FDI effects of EMU enlargement
Brouwer, Jelle (contributor); Paap, Richard (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003612738
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Fiscal policies and business cycles in an enlarged euro area
Stæhr, Karsten (contributor) - 2007
Persistent link: https://www.econbiz.de/10003496514
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Catching-up and inflation in Europe : Balassa-Samuelson, Engel's law and other Culprits
Égert, Balázs - 2010
This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe. Using an array of estimation methods, we show that the Balassa-Samuelson effect is not an important driver of...
Persistent link: https://www.econbiz.de/10003982012