Showing 1 - 10 of 19
"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
European Union (EU), had successfully completed negotiations and fulfilled all accession requirements, taken membership in the … European Economic Area (with full access to the Single Market), but decided in a referendum to reject full-fledged EU … politically driven economic benefits from EU membership: if Norway had joined the EU in 1995, productivity levels between 1995 and …
Persistent link: https://www.econbiz.de/10011281605
European Union (EU) in the 1973, 1980s, 1995 and 2004 enlargements, if those countries had not joined the EU. We find large … positive effects from EU membership but these differ across countries and over time (they are only negative for Greece). We …
Persistent link: https://www.econbiz.de/10010350820
The purpose of this paper is to assess the implications of the Economic and Monetary Union (EMU) accession of eight Central and Eastern European Countries (CEECs) on their share in EMU-12 imports. Overcoming biases related to endogeneity, omitted variables and sample selection, our results...
Persistent link: https://www.econbiz.de/10003750287
This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU …
Persistent link: https://www.econbiz.de/10003095430
Persistent link: https://www.econbiz.de/10012805834
European Union (EU) enlargement, when all candidate countries joined the Single Market but one - Norway - did not join the EU …
Persistent link: https://www.econbiz.de/10012698068
Eastern European and Former Soviet Union countries diverged massively. Institutions are a main reason. The EU anchor thesis … posits that the prospect of membership in the European Union (EU) played a key role in filling in the institutional vacuum …, focusing on whether the prospect of EU membership accelerated institutional development and, if so, whether this was indeed …
Persistent link: https://www.econbiz.de/10012792626
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
This paper addresses two main questions: (a) Has European integration hindered the implementation of labour, financial and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries? Using more granular reform measures, longer time...
Persistent link: https://www.econbiz.de/10012291227