Showing 1 - 8 of 8
This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify … several factors in addition to the reduction of moving costs by which EU membership influences migration. Specifically, EU … accession affects income gaps. Moreover, if EU membership is refused, fear of future restrictions on immigration will lead to …
Persistent link: https://www.econbiz.de/10013428311
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...
Persistent link: https://www.econbiz.de/10010516561
distributive impacts of five selected EU systems are calculated on the basis of LIS data and their relationship to class assignment …
Persistent link: https://www.econbiz.de/10001696222
This paper evaluates the linkage between social security strategies and redistributive effects in EU social transfer …
Persistent link: https://www.econbiz.de/10013428345
Persistent link: https://www.econbiz.de/10013428548
Budget-neutral tax wedge reductions rank high in the policy agenda of several EMU member states. Using a New Keynesian DSGE model of a monetary union with a complex labour market structure and a comprehensive public sector, we evaluate the macroeconomic and welfare effects of reducing the firms'...
Persistent link: https://www.econbiz.de/10011518187
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
We use a New Keynesian DSGE model with search frictions on the housing market to evaluate how financing a labor tax reduction by higher property taxation affects the real economy and welfare. Search on the housing market enables us to explicitly model stocks and flows, which is necessary to...
Persistent link: https://www.econbiz.de/10011897973