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coordination. In particular we provide estimates for New EU Member States where we take into account two aspects. First, debt …
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, Central and South Eastern European countries that joined the EU after 2004. We find that these EU11 countries have benefitted … within the EU. The analysis is conducted with the macroeconomic model QUEST that distinguishes between all EU member states … and effects on EU value chains via lower prices for intermediates. GDP effects depend heavily on the degree of openness …
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European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability …
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policies in the monetary union. Furthermore, the choice for a new EU Member State to enter EMU will also depend on the monetary …
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The process of monetary integration in Europe began amid widespread skepticism among economists about the project. But today the success of the euro has prompted a reconsideration of whether monetary unions should be implemented elsewhere. This CESifo volume assesses contemporary theoretical and...
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