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Catching up : the role of demand, supply and regulated price effects on the real exchange rates of four accession countries

MacDonald, Ronald; Wójcik, Cezary - 2003

The main aim of this paper is to examine the exchange rate behavior of a group of four transitional, EU accession countries, with a view to making policy recommendations regarding their accession to full European Monetary Union. We employ a dynamic OLS panel estimator to investigate the relative...

Persistent link: https://www.econbiz.de/10001753578

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

Meta-analysis of the business cycle correlation between the Euro area and CEECs

Fidrmuc, Jarko; Korhonen, Iikka - 2006

We review the literature on business cycle correlation between the euro area and the Central and Eastern European countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 identified publications suggests some CEECs already...

Persistent link: https://www.econbiz.de/10003304295

Beyond the Balassa-Samuelson effect in some new member states of the European Union

García-Solanes, José; Sancho-Portero, Francisco I.; … - 2007

This paper analyses the Balassa and Samuelson hypothesis in two groups of European countries: six New Member States (NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, does not hold...

Persistent link: https://www.econbiz.de/10003411768

Turkish delight for some, cold Turkey for others? : the effects of the EU-Turkey Customs Union

Adam, Antonis; Moutos, Thomas - 2005

Following Turkey's application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly … agricultural sector, Turkey also specializes in the production and exportation of relatively low-price, low-quality varieties of … asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining …

Persistent link: https://www.econbiz.de/10003221926

The economic effects of democratic participation

Mueller, Dennis C.; Stratmann, Thomas - 2002

Considerable concern has been expressed in resent years about declines in voter participartion rates in the United States and in several other major democratic countries. Some feel low participation rates intropuce a "class bias" into the political process and thereby worsen the outcomes from...

Persistent link: https://www.econbiz.de/10001649183

Economic growth and judicial independence : cross country evidence using a new set of indicators

Feld, Lars P.; Voigt, Stefan - 2003

Rational politicians are interested in judicial independence (JI) in order to make their promises credible. But if politicians' preferences deviate from the dicta of the judiciary, they also have incentives to renege on judicial independence. These two conflicting aspects are measured by two...

Persistent link: https://www.econbiz.de/10001750292

Does venture capital investment spur employment growth?

Belke, Ansgar; Fehn, Rainer; Foster-McGregor, Neil - 2003

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10001755444

Electoral uncertainty, fiscal policies & growth : theory and evidence from Germany, the UK and the US

Economides, George (contributor) - 2003

In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties can alternate in power. The party in office chooses...

Persistent link: https://www.econbiz.de/10001900202