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Die jungen Marktwirtschaften der Staaten Mittel- und Osteuropas streben nach der Mitgliedschaft in der Europäischen Union.Bereits im April 1998 werden erste Beitrittsverhandlungen mit fünf Ländern aus der Region beginnen. Die ökonomischeProblematik einer Integration der Reformländer in den...
Persistent link: https://www.econbiz.de/10009471908
Persistent link: https://www.econbiz.de/10009449010
In this paper we develop a spatial Cournot trade model with two unequally sized countries, using the geographical interpretation of the Hotelling line. We analyze the trade and welfare effects of international trade between these two countries. The welfare analysis indicates that in this...
Persistent link: https://www.econbiz.de/10009449011
One of the fundamental normative questions within international trade theory is whether free trade is better than …
Persistent link: https://www.econbiz.de/10009452613
The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...
Persistent link: https://www.econbiz.de/10009438702
This thesis explores the important link between macroeconomic dynamics and the financial sector. The first essay studies Epstein-Zin preferences, which are found to be able to account for both aggregate macroeconomic dynamics and asset prices. In the first essay, I compare different solution...
Persistent link: https://www.econbiz.de/10009438768
The episodes of financial crises in many parts of the world during the 1990s have sparked interest in identifying channels through which such crises spread from one country to another. Researchers have identified several factors that may have sparked and induced contagion. This study further...
Persistent link: https://www.econbiz.de/10009441798
The Zambian economy has grown relatively fast over the last decade. This article discusses the challenge of using these growing resources effectively to improve the welfare of the population and reduce poverty. The poverty head count index is found to have declined between 1998 and 2004 by about...
Persistent link: https://www.econbiz.de/10009467517
Environmental Kuznets Curve theory and the Pollution Haven Hypothesis, to examine if there are negative environmental outcomes from …
Persistent link: https://www.econbiz.de/10009468741
Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil...
Persistent link: https://www.econbiz.de/10009468742