A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results … income. Then, after a certain level of integration has been reached, the less industrialised country is completely de …. The structure of the equilibrium sets during integration is characterised completely. …

internationally comparable, household-level data. With greater integration of asset and labor markets and policies, households of … potential for further integration. …

the relevance of borders has decreased over time. For the EU 15, we investigate the expected integration process of the … market for corporate control - an illustrative market for studying integration issues - over the period from 1995 to 2007 … introduction of the euro may have led to accelerated integration. However, thereafter we find no evidence for further progress …

the relevance of borders has decreased over time. For the EU 15, we investigate the expected integration process of the … market for corporate control - an illustrative market for studying integration issues - over the period from 1995 to 2007 … introduction of the euro may have led to accelerated integration. However, thereafter we find no evidence for further progress …