estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … invariant firm specific effects, and tests for self-selection of more productive firms into exporting beyond the Euro-zone. (3 … Euro-zone only is no longer much smaller that the premium of firms that export beyond the Euro-zone, too, and the premium …

Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour … beginning of the century. Germany is an exception. A large increase in the prices of buildings, structures and lands for private … additional dividends. The yearly charge counts for at least 4% of their value added. -- Eurozone ; competitiveness ; non …

of migration flows from the New Member States to Germany. We demonstrate that immigration increased substantially despite … that Germany would have been better off, had it immediately opened its labor market. Finally, the Great recession allows us … unemployment in the countries hit by the crisis. -- EU enlargement ; migration ; Germany …

prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life …