Showing 11 - 20 of 421
This paper investigates the speed of institutional development induced by European integration. The hypotheses are the following. The prospect for European countries to join the EU disposes them to strengthen their institutions, so that the speed of institutional development is high....
Persistent link: https://www.econbiz.de/10011234840
This paper shows that the EMU has not affected historical characteristics of member countries’ business cycles and their cross-correlations. Member countries which had similar levels of GDP percapita in the seventies have also experienced similar business cycles since then and no significant...
Persistent link: https://www.econbiz.de/10005827103
Persistent link: https://www.econbiz.de/10010679044
The paper examines the effects of asymmetries in fiscal policy conduct upon the correlation of business cycles in the European Union. In particular the paper estimates the effects of fiscal indiscipline and dissimilarity on business cycle correlation in the period 1996-2012 using a panel of 27...
Persistent link: https://www.econbiz.de/10010775108
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10011200094
This paper shows that the EMU has not affected historical characteristics of member countries’ business cycles and their cross-correlations. Member countries which had similar levels of GDP per-capita in the seventies have also experienced similar business cycles since then and no significant...
Persistent link: https://www.econbiz.de/10005791961
Since the Eurozone’s Effilochement has become a fact and European integration theories, as defined in existing theories … the European states. In particular, it means that the Eurozone has introduced currency warfare against the currencies of … - level geo-economic approach to analyse how and why the current Eurozone’s Effilochement - structural and political - are …
Persistent link: https://www.econbiz.de/10011007624
, Eurozone societies. A review of EMU's origins and first years of EMU would thus be remiss without national case studies. France …
Persistent link: https://www.econbiz.de/10010669632
Due to collective action problems, the Eurozone is stuck in a sub-optimal macropolicy mix of too expansionary fiscal …. Empirically, the failure is demonstrated by comparing the Eurozone policy mix with the US policy mix and attributing it to the low …
Persistent link: https://www.econbiz.de/10011130279
The European Union (EU) can be regarded as one economic region and this way its competitiveness can be defined and examined. However, there are huge tensions within the European region that raise questions about whether there exists a European economic region and thus “European...
Persistent link: https://www.econbiz.de/10011030398