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Does joining the EU make you happy? : evidence from Bulgaria and Romania

Nikolova, Milena; Nikolaev, Boris - 2016

We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the … context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern … life satisfaction in Bulgaria and had a positive but statistically insignificant effect in Romania. One explanation is that …

Persistent link: https://www.econbiz.de/10011449769

Institutional Reforms, EU Accession, and Bank Efficiency in Transition Economies : Evidence from Bulgaria

Tochkov, Kiril - 2011

The paper examines the efficiency of Bulgarian banks and its determinants over the period 1999-2007. The levels of technical, allocative, and cost efficiency are estimated using a non-parametric methodology and then regressed upon a number of bank-specific, institutional, and EU-related factors....

Persistent link: https://www.econbiz.de/10013128843

Monetary Regimes, Economic Stability, and EU Accession : Comparing Bulgaria and Romania

Nenovsky, Nikolay - 2013

This paper traces the origins of the different monetary regimes adopted in Bulgaria and Romania in 1996-97 and examines … their performance during the EU accession. The findings indicate that the constraints of the currency board in Bulgaria … rise in private and public debt. The paper also explores the historical parallels between the monetary regimes of Bulgaria …

Persistent link: https://www.econbiz.de/10013079446

The effects of taxes and benefits on income distribution in the enlarged EU

Paulus, Alari; Čok, Mitja; Figari, Francesco; … - 2009

Tax and benefit systems in the enlarged EU vary significantly in size and structure. We examine how taxes and benefits shape income distributions in 19 EU countries, focusing on the differences between Western European countries (EU15) and Eastern European countries (Estonia, Hungary, Poland,...

Persistent link: https://www.econbiz.de/10003989841

Pilgrims to the Eurozone : How Far, How Fast?

Kočenda, Evžen - 2006

In our analysis, we examine the convergence of all recent ten European Union (EU) members to EU standards. Novel features of the paper include more complete measures of convergence, in particular fiscal convergence; a broader examination of inflation convergence with respect to the Maastricht...

Persistent link: https://www.econbiz.de/10012734445

Romania in the European Union : Political Integration Vs. Economic Integration

Glavan, Bogdan N. - 2007

Although highly beneficial from a pragmatic point of view, Romania's accession in the European Union is problematic, especially in the long run and from a theoretical perspective. In the short run, adoption of european model emphasizes the advantages of economic integration. In the long run...

Persistent link: https://www.econbiz.de/10012728611

Past and Current Paths to European Union Accession : Romania and Turkey a Comparative Approach

Dogaru, Tatiana Camelia - 2015

Several decades ago, leaders of six European countries with an inclusive vision of Europe and strong courage started a construction without precedent, the European Union. The remarkable construction evolved not only concerning the number of the Member States, but also in terms of institutional...

Persistent link: https://www.econbiz.de/10013013096

Pilgrims to the Eurozone : How Far, How Fast?

Kočenda, Evžen; Kutan, Ali Mustafa; Yigit, Taner M. - 2006

In our analysis, we re-examine the nominal and real convergence of all recent ten European Union (EU) members to EU standards. Testing for monetary convergence has significant implications for interim optimal exchange rate and monetary policies before a formal and permanent link to the euro,...

Persistent link: https://www.econbiz.de/10014053885

An Incremental Approach to the European Union Enlargement

Dumitriu, Ramona; Stefanescu, Razvan - 2014

In this paper we study the possibilities of applying the incremental solutions to the problems of the future European Union enlargements. We analyze some significant targets for the next accessions, taking into consideration the main constraints of the integration. We conclude that small changes...

Persistent link: https://www.econbiz.de/10014145607

Skill Shortages and Labor Market Outcomes in Central Europe

Brixiova, Zuzana; Li, Wenli; Yousef, Tarik - 2009

The new Central European members of the EU have been characterized by low employment rates, especially among unskilled workers, despite the GDP recoveries and large private sector shares in output and employment. Evidence points at skill shortages in Central Europe as a key impediment to faster...

Persistent link: https://www.econbiz.de/10014210772