I analyze spillover effects from Euro area monetary policy shocks to thirteen EU countries outside the Euro area, i ….e., ten countries from Central and Eastern Europe (CEE) and three Western EU members. The analysis is based on a FAVAR model …

of Asian suppliers and hosts as a result of EU integration deepening and widening in the nineties. Based on recent …), trade resistance factors on the EU import side can be explained mainly by slow growth in Europe in the first half of the … of the Europe Agreements. As trade overlaps between Asian and CEE supply on EU markets are low, the trade diversion fear …

This paper examines the transition process within Eastern Europe and the integration process with the EU and shows that … the requirements for the transition towards a market economy overlap with the requirements for EU accession. Furthermore … economic development between the Central and Eastern European countries and the EU. The paper argues that the acceding …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … effect. Based on additional simulations of the expected flows to ten transition economies, we conclude that for the EU …