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Die EIoP ist ein referiertes, interdisziplinäres E-journal im Bereich der Forschung zur Europäischen Integration / Europaforschung. "Europäische Integration" ist dabei in einem weiten Sinne zu verstehen. Wissenschaftliche Beiträge aus allen relevanten Disziplinen, insbesondere aus den...
Persistent link: https://www.econbiz.de/10009636771
Persistent link: https://www.econbiz.de/10011435033
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...
Persistent link: https://www.econbiz.de/10011435046
A new macroeconomic evaluation of EU enlargement is undertaken with a world macroeconomic model taking into account all possible integration effects: trade effects, Single Market effects, factor movements (FDI, migration) and the costs of enlargement. Due to the differences in size of the...
Persistent link: https://www.econbiz.de/10011435067
This paper analyses the effects of Agenda 2000's policy reform on the stocks of outward FDI to the European Union member countries. In a three-factors proximity-concentration New Trade Theory model we indentify the channels of influence on the FDI decision. In the empirical part, we estimate a...
Persistent link: https://www.econbiz.de/10011435078
Overall, the ECB managed monetary policy quite satisfactory in the first phase of EMU. Nevertheless, this paper asks whether monetary policy could not have been improved. In the last three years, Euroland was confronted with the first external shock. Oil prices increased considerably, leading to...
Persistent link: https://www.econbiz.de/10011435104
Since its inception in 1995, more than 312 disputes have been raised under the WTO Dispute Settlement System. Despite the obvious success of this system, several shortcomings call for a revision under the auspices of the Doha Development Round. With a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10011435167
Advanced industrial countries have been exhibiting a steady decline of the labour income shares in the last two decades. The study explains this phenomenon by resorting to the old Stolper-Samuelson theorem. The conclusions concerning the impact of free trade on the income distribution are...
Persistent link: https://www.econbiz.de/10011435223
The global financial and economic crisis in 2008-09 followed by a "Euro crisis" - not a crisis of the Euro but a sovereign debt (and/or banking) crisis in some Euro countries - forced to reforms of the asymmetric policy design of the Economic and Monetary Union (EMU). Starting with ad-hoc rescue...
Persistent link: https://www.econbiz.de/10011435347
The ongoing Euro crisis and the worse economic development in Europe than in the USA are grounded, not the least in the delayed implementation of reforms of the banking sector. Whereas the leaks in economic governance of EMU have been fixed the banking sector is still not stabilised, even five...
Persistent link: https://www.econbiz.de/10011435360