Showing 1 - 10 of 65
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countries (CEECs), a topic that has gained attention as the newest EU members approach monetary union. Our meta-analysis of 35 …
Persistent link: https://www.econbiz.de/10003301362
This paper summarises the key findings of a recent study on the impact of Eastern Enlargement of the European Union (EU … affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … the long-run stock of immigrants from the CEECs-10 in the EU will increase from 0.85 in 1998 to a peak of 3.9 million …
Persistent link: https://www.econbiz.de/10011391753
We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
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The new trade theory explains several features of the current development of EU's trade with CEECs better than the … peripheral EU countries. However, this induced increased specialization in EU countries, which contrasts with the development in …Um gewisse Merkmale der gegenwärtigen Entwicklung des Osthandels der EU zu erklären, ist die neue Außenhandelstheorie …
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main languages used in EU and candidate countries. We show that widespread knowledge of languages is an important …
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This paper provides a first preliminary assessment of the recent two 3-year long-term refinancing operations (3Y LTROs) conducted by the ECB by putting them into a broader context. The perspective taken is that prevailing in the first half of the year 2012, directly after the path-breaking ECB...
Persistent link: https://www.econbiz.de/10010255141
This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition … bargaining game. Both players - the existing EU members and the applicants - benefit from enlargement, yet for the applicants … reform to the acquis is costly, while the EU prefers substantially reformed candidates. A waiting game unfolds. Within this …
Persistent link: https://www.econbiz.de/10011438327