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This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10011376318
In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic factors vs. macroeconomic factors in influencing the...
Persistent link: https://www.econbiz.de/10011613008
responding to changing labor shortages across countries, skill-groups or industries. The diversity across EU member states … enables us to test this hypothesis across various institutional, economic and policy contexts. Drawing on the EU LFS and EU … shortages exceeds that of natives in the EU15, in particular in member states with higher unemployment rates, higher levels of …
Persistent link: https://www.econbiz.de/10011283156
analysis of the available literature and empirical evidence shows that (i) EU enlargement had a significant impact on migration … hard to detect, (iv) post-enlargement migration contributes to growth prospects of the EU, (v) these immigrants are … out the difficulties that restrictions on the free movement of workers bring about. -- Migration ; migration effects ; EU …
Persistent link: https://www.econbiz.de/10003793577
Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … with the EU was signed exceeded trade growth of the control group of countries which did not become members …
Persistent link: https://www.econbiz.de/10003769782
The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the economic literature and the explosion in the number of...
Persistent link: https://www.econbiz.de/10003590825
experts from organizations working on immigrant integration in the EU is analyzed using simple comparative statistical methods …
Persistent link: https://www.econbiz.de/10009529276
The 2004 and 2007 enlargements of the EU extended the freedom of movement to workers from the twelve new member states …. Rather, there appear to have been positive effects on EU's productivity. The sending countries face some risks of losing … from brain gain and brain circulation in an enlarged EU. For the migrants the benefits in terms of better career prospects …
Persistent link: https://www.econbiz.de/10009536576
Whether Europe will be able to stand up to its internal and external challenges crucially depends on its ability to manage its internal mobility and inflows of international migrants. Using a unique expert opinion survey, we document that Europe needs skilled migrants, and skill mismatch is to...
Persistent link: https://www.econbiz.de/10009314270
The standard approach of analyzing gaps in social and labor market outcomes of different ethnic groups relies on analysis of statistical data about the affected groups. In this paper we go beyond this approach by measuring the views of expert stakeholders involved in minority integration. This...
Persistent link: https://www.econbiz.de/10009314271