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Immigration and Preferences for Redistribution in Europe

Alesina, Alberto - 2019

We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of immigrant stocks for 140 regions of 16 Western European countries. Exploiting within-country variations in the share of immigrants at the regional level, we find that native...

Persistent link: https://www.econbiz.de/10012479516

The Euro and Structural Reforms

Alesina, Alberto - 2008

This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the theoretical arguments that may link the adoption of...

Persistent link: https://www.econbiz.de/10012464168

Why the European Securities Market is Not Fully Integrated

Giovannini, Alberto - 2008

I describe the challenge of fully integrating securities markets in Europe by integrating the clearing and settlement …

Persistent link: https://www.econbiz.de/10012464171

The European Union : A Politically Incorrect View

Alesina, Alberto - 2004

In this paper, we present our view of the recent evolution of European integration. We first briefly describe the main features of the institution and decision making process in the European Union, with particular attention to the debate between federalists and super nationalists. We then...

Persistent link: https://www.econbiz.de/10012468351

What Does the European Union Do?

Alesina, Alberto - 2001

We construct a set of indicators to measure the policy-making role of the European Union (European Council, Parliament, Commission, Court of Justice, etc.), in a selected number of policy domains. Our goal is to examine the division of prerogatives between European institutions and national...

Persistent link: https://www.econbiz.de/10012470068

Currency Unions

Alesina, Alberto - 2000

What is the optimal number of currencies in the world? Common currencies affect trading costs and, thereby, the amounts of trade, output, and consumption. From the perspective of monetary policy, the adoption of another country's currency trades off the benefits of commitment to price stability...

Persistent link: https://www.econbiz.de/10012470810

On the Feasibility of a One or Multi-Speed European Monetary Union

Alesina, Alberto - 1993

This paper addresses two questions: (1) Is a twelve country monetary union in Europe feasible; (2) Can monetary union … upon at "how many speeds" Europe will proceed. Our discussion of feasibility shed some light on the political economy of … the recent (Fall of 1992) turmoil in the monetary system of Europe …

Persistent link: https://www.econbiz.de/10012474609

The Determinants of Realignment Expectations Under the EMS : Some Empirical Regularities

Chen, Zhaohui - 1993

The stability of the EMS depends crucially on realignment expectations of the market participants. In this paper we discuss how to measure such expectations and how to relate them to economic fundamentals, central bank reputation, and institutional arrangements of the EMS. We find the following...

Persistent link: https://www.econbiz.de/10012474669

The Currency Reform as the Last Stage of Economic and Monetary Union : Some Policy Questions

Giovannini, Alberto - 1991

The paper discusses the policy problems of a project aimed at substituting several national currencies with one single currency. While these problems are of general interest, the analysis is motivated by the plan for Economic and Monetary Union among the members of the European Community. The...

Persistent link: https://www.econbiz.de/10012475071

The European Central Bank : Reshaping Monetary Politics in Europe

Alesina, Alberto - 1991

policy in Europe. The twelve governors of the national Central Banks of the EEC have recently proposed a statute for the ECB …

Persistent link: https://www.econbiz.de/10012475129