The paper investigates the business cycle relationships between the EU-15, the EU-11, as well as the EU-core countries for the period 1971 to 1997. Emphasis is put on the question whether there is a synchronization in the national business cycles or not. Using One-way- and Twoway-Anova...

Does the disappointingly high unemployment in Central and East European countries reflect non-completed adjustment to institutional shocks from transition to a market economy, or is it the result of high labour market rigidities, or rather a syndrome of too weak aggregate demand and output? In...

The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...

"The paper analyzes the possible existence of a wage curve in East Germany for the time period from 1998 to 2002 using panel data from the IAB-Establishment Panel, restricting the study to firms from the industrial sector. The results give room to the conclusion that there is a wage curve in...

"The paper analyzes the possible existence of a wage curve in East Germany for the time period from 1998 to 2002 using panel data from the IAB-Establishment Panel, restricting the study to firms from the industrial sector. The results give room to the conclusion that there is a wage curve in...