Showing 1 - 7 of 7
"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a natural control function approach to the problem that involves conditioning elapsed duration on completed...
Persistent link: https://www.econbiz.de/10008778692
ultimately on economic growth in EU, but it is limited in magnitude. Moreover, the effect of FDI on growth is stronger for New EU …
Persistent link: https://www.econbiz.de/10010339576
Persistent link: https://www.econbiz.de/10002226252
Persistent link: https://www.econbiz.de/10001826451
Persistent link: https://www.econbiz.de/10001560050
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the … gravity framework on annual bilateral FDI data for almost every country in the world, over 1985-2018, we find EU membership … leads FDI into the host economy to be about 60% higher for investment from outside the EU, and around 50% higher for intra-EU …
Persistent link: https://www.econbiz.de/10012288695