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Turkish delight : does Turkey's accession to the EU bring economic benefits ?

Lejour, Arjan; Mooij, Ruud A. de - 2004

Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the … macroeconomic implications for EU countries are small but positive. European exports increase by around 20 percent. Turkey … experiences larger economic gains than the EU: consumption per capita is estimated to rise by about 4 percent as a result of …

Persistent link: https://www.econbiz.de/10002059880

Wages and wage-bargaining institutions in the EMU : a survey of the issues

Calmfors, Lars - 2001

A perceived need to increase nominal wage flexibility as a substitute for domestic monetary policy and a tendency to less wage moderation are likelyto promote bargaining co-ordination and social pacts in the EMU. But such co-ordination is not likely to be sustainable in the long run, as it...

Persistent link: https://www.econbiz.de/10001610966

The political economy of EU enlargement : or, why Japan is not a candidate country?

Adam, Antonis; Moutos, Thomas - 2002

In this paper we argue that strong political economy forces explain the rush of the EU to expand eastwards. We use a … model of vertical product differentiation in order to claim that technologically- advanced EU firms (residing in high …

Persistent link: https://www.econbiz.de/10001682397

Eastern enlargement of the EU : jobs, investment and welfare in present member countries

Heijdra, Ben J.; Keuschnigg, Christian; Kohler, Wilhelm - 2002

Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue …

Persistent link: https://www.econbiz.de/10001682408

One size must fit all national devergences in a monetary union

Gros, Daniel; Hefeker, Carsten - 2000

decisions on the EU-wide average of inflation and growth or should it instead focus on (appropriately weighted) national rates …

Persistent link: https://www.econbiz.de/10001524212

Factor mobility and fiscal policy in the EU : policy issues and analytical approaches

Wildasin, David E. - 2000

immigration policies, EU enlargement, and other steps that promote integration of the factors markets of Western Europe with those …

Persistent link: https://www.econbiz.de/10001539339

Intergration and search unemployment : an analysis of Eastern EU enlargement

Heijdra, Ben J.; Keuschnigg, Christian - 2000

unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small …

Persistent link: https://www.econbiz.de/10001546276

The minimum inflation rate for Euroland

Sinn, Hans-Werner; Reutter, Michael - 2000

As a result of the Balassa effect relative prices change rapidly between and within the euro countries. Thus it is impossible to find a common monetary policy that will result in price stability in all countries. Based on empirical estimates of the Balassa model, the paper calculates a minimum...

Persistent link: https://www.econbiz.de/10001546377

Monetary and fiscal policy design under EMU: a dynamic game approach

Aarle, Bas van (contributor) - 2000

This paper analyses the problem of designing macroeconomic stabilization policies within the European Monetary Union (EMU) as a dynamic game between a centralized monetary authority, the European Central Bank (ECB), and national fiscal policy makers. Non-cooperative feedback Nash equilibrium and...

Persistent link: https://www.econbiz.de/10001473958

Is there really a European business cycle?

Inklaar, Robert; Haan, Jakob de - 2000

In this paper we argue that in contrast to the conclusion of Artist and Zhang, there is not much evidence in support of the view that increased exchange rate stability is related to more synchronised business cycles in Europe. This finding may have important consequences, as existing differences...

Persistent link: https://www.econbiz.de/10001474344