As the EU economies and societies become increasingly integrated, and as labour market behaviour patterns converge across borders, the EU strives to develop a substantially common social identity. To this end, it seeks to promote the development of a sustainable institutional framework which...

Tertiarisation, globalisation, technologisation, demographic change and international migration combine to produce changes that affect many spheres of life: new markets are opening up, technological progress accelerates, the usefulness of original education declines, training and ongoing...

Migrants are among the groups most vulnerable to economic fluctuations. As predicted by the "welfare magnet" hypothesis, migrants can therefore be expected to - ceteris paribus - prefer countries with more generous welfare provisions to insure themselves against labour market risks. This paper...

The ROBINSON and MARSHALL-LERNER conditions are necessary and sufficient for a devaluation to be successful end are therefore the backbone of the elasticities approach to the balance of payments. These conditions are generalized by taking into account some actual features of modern foreign...

Austria is a country with a historically strong intervention of government. Specifically a large part of the manufacturing sector and electricity had been nationalized after world war II, combined with public ownership in telecommunication, transport and banking this created one of the largest...

The integration of European services markets and the associated deregulation measures open up formerly segmented markets to competition from the Single Market. The purpose of this study is to propose a method of measuring the effects of liberalization on technical efficiency, the existence of...

This paper deals with the regularity problem in the Almost Ideal Demand System (AIDS) in terms of the boundedness of the budget shares within the [0,1] interval. The violation of "cointegration accounting" can be seen just as another consequence of irregularity. The discussion of modifications...