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Budget institutions and fiscal performance in Central and Eastern European countries

Gleich, Holger - 2003

This paper documents the modes of organization of the budget process in ten CEEC and examines the relationship between these institutional settings and fiscal performance. Using detailed information on the budget institutions in these countries, the national budget processes are classified...

Persistent link: https://www.econbiz.de/10011604261

When do countries implement structural reforms?

da Silva, Antonio Dias; Givone, Audrey; Sondermann, David - 2017

The objective of this paper is to investigate which factors - macroeconomic, policy - related or institutional - foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to such...

Persistent link: https://www.econbiz.de/10011804393

When Do Countries Implement Structural Reforms?

Dias da Silva, Antonio - 2017

The objective of this paper is to investigate which factors ‐ macroeconomic, policy‐related or institutional ‐ foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to...

Persistent link: https://www.econbiz.de/10012953484

Sources of economic renewal: from the traditional firm to the knowledge firm

Rodriguez-Palenzuela, Diego - 2001

We build on the imperfection of intellectual property rights as the central motivation for the organization of firms. There are several characteristics specific to a theory of the firm grounded on the absence of intellectual property rights: monetary incentive schemes arise naturally as a...

Persistent link: https://www.econbiz.de/10011604089

Exchange rate volatility and euro area imports

Anderton, Robert; Skudelny, Frauke - 2001

This paper estimates an import demand function for the euro area vis--vis its main extra-area trading partners which takes into account the possible impact of both intra- and extra-euro area exchange rate uncertainty. We derive a theoretical model which captures various mechanisms by which...

Persistent link: https://www.econbiz.de/10011604110

"New" views on the optimum currency area theory: what is EMU telling us?

Mongelli, Francesco Paolo - 2002

scrutiny. We make systematic reference to the European economic and monetary union (EMU) to which the OCA theory has been most …

Persistent link: https://www.econbiz.de/10011604184

European integration: what lessons for other regions? The case of Latin America

Dorrucci, Ettore; Firpo, Stefano; Mongelli, Francesco Paolo - 2002

that Latin America is currently less economically integrated not only than the European Union today, but in some cases even … went beyond the creation of a customs union and moved towards a common market and an economic and monetary union, the …

Persistent link: https://www.econbiz.de/10011604231

The impact of monetary union on trade prices

Taglioni, Daria; Anderton, Robert; Baldwin, Richard E. - 2003

, monetary union may greatly increase the amount of trade among members (Rose 2001). Putting these together, we see that … formation of a monetary union may induce changes that help harmonise inflation rates. The effect might be large if the … elimination of exchange rate volatility simultaneously leads to a large increase in intra-union trade and a big increase in the …

Persistent link: https://www.econbiz.de/10011604284

Trade advantages and specialisation dynamics in acceding countries

Zaghini, Andrea - 2003

The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...

Persistent link: https://www.econbiz.de/10011604295

Trade integration of Central and Eastern European countries: lessons from a gravity model

Bussière, Matthieu; Fidrmuc, Jarko; Schnatz, Bernd - 2005

The aim of the paper is to analyse the factors behind the rapid trade integration of the Central and Eastern European countries with the euro area in the past ten years and to gauge the potential for further integration. We use as benchmark an enhanced gravity model estimated with a large sample...

Persistent link: https://www.econbiz.de/10011604591

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