Showing 1 - 10 of 54
Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal … decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions …
Persistent link: https://www.econbiz.de/10009635888
. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences … suggests that laws and institutions such as product market regulations, unions and more coordinated wage-setting systems are …
Persistent link: https://www.econbiz.de/10009636543
EU policy. Today, the EU's network of economic and social councils and similar institutions is a recognised institutional … set-up which is consulted and listened to by the main EU institutions.(...)The present publication is an integral part of …
Persistent link: https://www.econbiz.de/10010260412
This paper presents evidence for structural differences in economic growth dynamics between the current EU and the central- and eastern European accession countries. Two important results emerge from the analysis. First, accession countries have posted higher average growth and wider output...
Persistent link: https://www.econbiz.de/10009635910
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...
Persistent link: https://www.econbiz.de/10009635952
We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods benchmarked against the EU. In part of the paper, we work with the concept of linear u0093Hysteresisu0094 as described by the presence of unit roots in unemployment. Since this is...
Persistent link: https://www.econbiz.de/10009635980
This report provides an overview of the state of air quality in 13 central and eastern European countries involved in the European Union's Phare Programme. Based on EUROAIRNET monitoring network data for 1997 as reported by these countries, it also provides information on emission sources and...
Persistent link: https://www.econbiz.de/10009636485
The paper extends the standard intertemporal model of the current account to include two important stylised facts: (1) the persistence of current account positions and (2) the relevance of the fiscal balance. Specifically, the paper derives a closed form solution for consumption in the presence...
Persistent link: https://www.econbiz.de/10009636534
This paper deals with the discussion in Germany about job exports to the low-cost Eastern European members of the EU. It states that the critics of EU enlargement in Germany have overlooked that Eastern and Western Europe strongly differ in their capital formation and productivity levels. The...
Persistent link: https://www.econbiz.de/10009636556
The Environment for Europe process is a political framework for a wide range of initiatives that aim to improve environmental performance across the wider European region. This brochure describes the European Commissionu0092s contributions to the process and environmental co-operation in the...
Persistent link: https://www.econbiz.de/10009636639