Showing 1 - 10 of 17
. An interaction term of potential trade costs after exiting the EU and a measure of firms' participation in global trade …
Persistent link: https://www.econbiz.de/10011978381
explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and … share of labor supply differences across EU New Member States and that the potential gains from policy actions are …
Persistent link: https://www.econbiz.de/10012102041
EU in 2004 (EU-10). During the pre-accession period, these countries had to undertake a number of important structural …) were carried out in the EU-10 during 1995–2005, and explains observed variations across types of subsidies and across …
Persistent link: https://www.econbiz.de/10014401387
This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor … analysis partitions observed inflation in EU25 countries into common-origin and country-specific (idiosyncratic) components …. Cross-country differences in common-origin inflation within the EU are found to depend on gaps in the initial price level …
Persistent link: https://www.econbiz.de/10014401399
these countries are also compared to EU countries that currently do not participate in the EMU. Focusing on the period 1993 …
Persistent link: https://www.econbiz.de/10014401455
Debates surrounding the adoption of a common currency have focused on its benefits weighed against the long-term costs of losing monetary independence. These debates have assumed that the penalty for not adopting a common currency is the maintenance of the status quo. This paper uses the...
Persistent link: https://www.econbiz.de/10014402034
and financial markets, even though it is not directly observable. The case of the EU new member states (NMS … experiment to assess the effects of credibility on sovereign credit. This paper examines the impact of EU accession on three key …
Persistent link: https://www.econbiz.de/10014403003
In view of the requirements of Stage 2 of European Monetary Union (EMU) for accession to the European Union, this paper examines the desirability for, and the ability of, the lead candidates in Central and Eastern Europe to participate in the new exchange rate mechanism (ERM2) and eventually in...
Persistent link: https://www.econbiz.de/10014403432
This paper discusses the findings of fiscal transparency reports on standards and codes (ROSCs) for most EU accession … establish policy credibility and anchor adjustment programs to meet EU fiscal goals. Adoption of budgeting and accounting … standards consistent with the IMF Government Finance Statistics Manual 2001 framework will also help link budget decisions to EU …
Persistent link: https://www.econbiz.de/10014403821
This paper discusses the experience of the EU''s eight new member countries (EU8) between 1995 and 2003 when the bulk …
Persistent link: https://www.econbiz.de/10014404184