The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet empirical evidence on the possible magnitudes is still scarce. This paper uses four different datasets to estimate the determinants of international asset holdings and trade...

The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...

Seit den 90er Jahren des 20. Jahrhunderts gab es einen Disput in der angelsächsischen Literatur über die empirische Relevanz konkurrierender Ansätze zum steigenden Lohndifferential zwischen qualifizierten und geringer qualifizierten Arbeitskräften in den Vereinigten Staaten von Amerika:...