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The study suggests that the EU's eastward enlargement will be beneficial to the new members, while most EU countries will record minor welfare gains. Poland is expected to gain 3.4% of GDP, and Hungary almost 7%. The new members will experience production increases across almost all sectors,...
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development expenditures, and 70% target on the employment rate. Using CPBu0092s general equilibrium model for the world economy … and economic growth, Lisbon agenda, general equilibrium model …
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Understanding how working time is organised and how this is impacting on balance of work versus private life is of fundamental importance. This general statement is very much in accordance with the main objective of the Europe 2020 employment strategy, stating that at least 75% of the population...
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This paper presents a positive theory of centralization of political decisions in an international union. My central claim is that lobbies play a role in determining the assignment of competencies to the union because their power of influence can increase or decrease under centralization. I show...
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enforcement we study a Lindahl-equilibrium where people invest in asset portfolios and simultaneously choose to relax their … allow for optimal risk sharing as long as markets are complete, default is prevented in equilibrium and intermediaries … provide costly enforcement competitively. In equilibrium, costly enforcement translates into both agent-specific borrowing …
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