Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify...

Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify...

The paper develops a unified general equilibrium model includingsavings with overlapping generations, investment and search unemploament. Long-run analytical results for the small open economy identify capital accumulation as a prime transmission channel. The effects of integration on...

Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify...

Der Mangel an Risikokapital bremst Investitionen und nachhaltiges Wachstum und beeinträchtigt die Krisenrobustheit der Unternehmen und die gesamtwirtschaftliche Stabilität. Neue und flexiblere Rechtsformen für die Beteiligungsfinanzierung können die Kapitalaufbringung der...

Wie groß sind die Wirkungen der Ausgaben für Forschung und Entwicklung (F&E)? Mit F&E bauen die Unternehmen ihre Wettbewerbsfähigkeit aus und sichern die künftigen Gewinne. Die Forschungsförderung regt die F&E‐Investitionen an und verhilft innovativen Unternehmen zu mehr Wachstum. Mit...

The paper develops a unified general equilibrium model including savings with overlapping generations, investment and search unemployment. Long-run analytical results for the small open economy identify capital accumulation as a prime transmission channel. The effects of integration on...