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One country, one vote? : labor market structure and voting rights in the ECB

Berger, Helge; Hefeker, Carsten - 2004

The pending enlargement of the European Monetary Union (EMU) has brought to the fore the discussion of the voting right distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary consequences of wage setting, deviating from a...

Persistent link: https://www.econbiz.de/10002047404

Labor market effects of economic integration : the impact of re-unification in German border regions

Büttner, Thiess; Rincke, Johannes - 2004

Persistent link: https://www.econbiz.de/10002048605

Implications of EU accession for international migration : an assessment of potential migration pressure

Zaiceva, Anzelika - 2004

Persistent link: https://www.econbiz.de/10002048612

EU enlargement and the future of the welfare state

Sinn, Hans-Werner - 2000

The eastern expansion of the EU resembles German unification in its momentousness. Whereas the latter led to a 26 …% increase in the population of the Federal Republic, the former will increase the population of the EU by 28% if all ten entry … and western European countries, a massive westward migration can be expected after EU expansion. A temporary east …

Persistent link: https://www.econbiz.de/10001512852

Eqilibrium contracts for the central bank of a monetary union

Dixit, Avinash K.; Jensen, Henrik - 2000

We consider the political economy of a monetary union where member governments attempt to influence the policy of the common central bank. Modeling this as a common agency with incentive contracts, we show that if incentives are all that matters for the bank, the equilibrium implements a...

Persistent link: https://www.econbiz.de/10001554692

Entry and exit dynamics of "excessive deficits" in the European Union

Bayar, Ali H. - 1999

The extent of government deficits and debt has been one of the most debated issues in recent years. However, very little has been contributed about their dynamics. Yet, the issue of entering into and exiting from excessive deficits will be critical in the European monetary union since the...

Persistent link: https://www.econbiz.de/10001440845

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