could rise by 12 percentage points should Iceland join the EU and EMU. This trade boost could consequently raise GDP per … can up to triple their trade by joining a currency union. If true the impact on trade, income and welfare should Iceland … findings suggest that the Iceland's trade with other EMU countries could increase by about 60% and that the trade-to-GDP ratio …

EMU is smaller, but still substantial. Our findings suggest that the Iceland's trade could increase by about 60% and that … the trade-to-GDP ratio could rise by 12 percentage points should Iceland join the European Union and EMU …

employment protection legislation. Other labor market institutions - active and passive labor market policies, labor taxation … impact often diverge in new and old EU member countries. The differences are not robust enough, however, to allow us to … reject the hypothesis of similar effect of labor market institutions in new and old EU member states. -- labor market …

Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in … explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and … share of labor supply differences across EU New Member States and that the potential gains from policy actions are …