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technological unemployment emerges. Additionally, the assumption of adaptive expectations is introduced, in which case technological … unemployment throughout the early phase prevails. Furthermore, oscillating growth rates emerge, indicating the possibility of …
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This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify several factors in addition to the reduction of moving costs by which EU membership influences migration. Specifically, EU accession affects income gaps. Moreover, if EU...
Persistent link: https://www.econbiz.de/10011443914
This paper evaluates the linkage between social security strategies and redistributive effects in EU social transfer systems. It is argued that the various European systems produce different patterns of redistribution that may be explained by the adoption of different mixes of social security...
Persistent link: https://www.econbiz.de/10011444890
With the introduction of the Euro, a single European money market has emerged. Further wholesale financial markets are considered to be highly integrated within the European Union. However, integration in retail financial markets is less advanced. For measuring financial market integration this...
Persistent link: https://www.econbiz.de/10011447291
This paper analyses the distributive impacts of various regulatory and institutional settings of European schemes of social assistance. For this purpose, two sets of classifications of European schemes of social assistance are introduced that classify the systems according to regulatory...
Persistent link: https://www.econbiz.de/10011447576
The systemic risk potential in the European banking market has increased. Hence, the following questions emerge: Is there a need for a truly European supervisory framework? And, how should a potential European supervisor be organised? This paper evaluates the existing supervisory framework as...
Persistent link: https://www.econbiz.de/10011448175