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of migration flows from the New Member States to Germany. We demonstrate that immigration increased substantially despite … that Germany would have been better off, had it immediately opened its labor market. Finally, the Great recession allows us … immigration from countries that were hit by the crisis, although the annual net flows are still too small to significantly reduce …
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The failure of the Maastricht criteria delayed Estonia’s accession to the European Monetary Union (EMU) until January 2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time. In this study, the macroeconomic effects of...
Persistent link: https://www.econbiz.de/10010417152
The failure of the Maastricht criteria delayed Estonia's accession to the European Monetary Union (EMU) until January 2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time. In this study, the macroeconomic effects of...
Persistent link: https://www.econbiz.de/10013050232
We regularly witness the increasing involvement of the European Union in our daily lives. The presence of the EU is strongly felt in the media space, but also through the effect of EU law. Lawyers are a special group of people who are particularly acquainted with and apply European law. Their...
Persistent link: https://www.econbiz.de/10014244416
Country-specific business cycle fluctuations are potentially very costly for member states of currency unions because they lack monetary autonomy. The actual costs depend on the extent to which consumption is shielded from these fluctuations and thus on the extent of risk sharing across member...
Persistent link: https://www.econbiz.de/10013235109
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Für Politiker, Beobachter und Kommentatoren der Osterweiterung. Wirtschaftsstudenten und interessierten Laien bietet das Werk auf der einen Seite ein tragfähiges Fundament der Auseinandersetzung mit den Problemen der Osterweiterung, da die Verfasser sich bemüht haben, die theoretischen und...
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