Die angestrebte Aufnahme osteuropäischer Staaten in die EU ist insgesamt die fünfte Erweiterung des europäischen Binnenmarkts, stellt aber nach Ansicht der Autoren trotz der bisherigen Erfahrungen die schwerste Aufgabe der EU dar.Die Entscheidungsvariablen, die eine Aufnahme osteuropäischer...

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 examines the transition process within Eastern Europe and the integration process with the EU and shows that the requirements for the transition towards a market economy overlap with the requirements for EU accession. Furthermore, the economic situation of the candidate countries is...

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...