Research to date on labour market responses to EU integration has tended to concentrate on the labour markets of the "old" EU members. But what effect has the integration of trade had on wages in the new member states? The following article attempts to answer this question using an empirical...

Diverging fiscal policy paths, housing booms and diverging unit labour costs were driving forces of rising intra-European current account imbalances, which were underpinned by low interest rates. Since the outbreak of the crisis, the adjustment of intra-EMU current account imbalances has been...