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...

This paper uses a data set covering 9 EU15 member states and 7 candidate countries and new member states to compare inter-regional migration patterns in the 1990s. We find that migration is lower in candidate countries and new member states than in EU15 member states. Also in contrast to the...