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coordination. In particular we provide estimates for New EU Member States where we take into account two aspects. First, debt …
Persistent link: https://www.econbiz.de/10008906582
zum gleichen Zeitpunkt neue Mitglieder der EU, so dass die Anzahl der potentiellen Eurokandidatenländer auf 14 anwachsen …
Persistent link: https://www.econbiz.de/10003392890
We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...
Persistent link: https://www.econbiz.de/10013009831
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10013012270
, 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 …
Persistent link: https://www.econbiz.de/10012653243
We analyze the effects of the increasingly expansionary monetary policies on the economic order and on the European integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long served as cornerstones for growth, prosperity and...
Persistent link: https://www.econbiz.de/10011809903
Persistent link: https://www.econbiz.de/10012157263
Persistent link: https://www.econbiz.de/10012157285
Persistent link: https://www.econbiz.de/10014558015
European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability …
Persistent link: https://www.econbiz.de/10014064076