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The European Employment Strategy (EES) has been put in place in order to ensure the survival of the European Social Model in view of institutional change resulting from the introduction of the European Monetary System. It has become the platform of a method of open coordination of social and...
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With a large-scale econometric world model we derive policy multipliers and the parameters for the utility functions for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a cooperative equilibrium. The cooperative equilibrium is...
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A new macroeconomic evaluation of EU enlargement is undertaken with a world macroeconomic model taking into account all … gain around ten times more from enlargement than the EU. On average, enlargement is a win-win game. Hungary and Poland can … percent). The EU on average would gain around ½ percent of real GDP over a six year period. However, the impact is quite …
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