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While economists were pointing out the advantages of the EU enlargement, politicians and policymakers were raising … grave concerns about the significant political and economic differences between the newcomer states (EU12) and the "old … Europe" of EU15. The major point of apprehension was related to the labor markets. Visceral fear rendered more than one in …
Persistent link: https://www.econbiz.de/10013118036
restrictions on the migrant sending countries. With EU enlargement in 2004, 1.2 million workers from Eastern Europe emigrated to …
Persistent link: https://www.econbiz.de/10013118058
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from …
Persistent link: https://www.econbiz.de/10013125463
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/10013107468
We study how the EU enlargement in 2004 and the Great Recession in the late 2000s have shaped the scale and composition … cohorts arriving after 2004 had on average a lower education than the previous arrival cohort, but the wage gap compared to … Germans became narrower over time.Almost 10 years after EU enlargement, we re-assess the transitional arrangements, and argue …
Persistent link: https://www.econbiz.de/10013088336
The eastern enlargements of the EU in 2004 and 2007 have stimulated the mobility of workers from the new EU8 and EU2 …, leading to a more efficient allocation of resources within the enlarged EU …
Persistent link: https://www.econbiz.de/10013088658
-enlargement migration flows following the EU's 2004 enlargement. We consider two baseline policy scenarios, with and without accession of … sending countries to the EU. Our results show that migration flows are driven by migration costs and economic conditions, but …
Persistent link: https://www.econbiz.de/10013074882
During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...
Persistent link: https://www.econbiz.de/10013074886
the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality …
Persistent link: https://www.econbiz.de/10013154996
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 23 to 32 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10013157746