This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify … increased current migration. Additionally, casual evidence from the 1980s EU South enlargement is examined. Since then no …

This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify … increased current migration. Additionally, casual evidence from the 1980s EU South enlargement is examined. Since then no …

structural breaks after the beginning of the second stage of EMU in the mid-nineties, while the estimates for Spain show a …

processes which have to be estimated by discretely sampled observations. Using daily exchange rate data prior to the Greek EMU … increased central bank intervention activities in the run-up to the Greek EMU entrance. Thus the modelling and estimation …

-switching GARCH model this paper estimates the volatility processes of four EMU exchange rate returns vis-?-vis the German mark using … daily data for the time prior to Stage III of EMU. Statistical inference yields the dates at which financial markets began … to incorporate the expected EMU participation of each country into currency pricing. The data exhibits strong econometric …

transmission to individual EMU countries. Our most important findings are the following. EMU countries share five common trends … 1999 on and of inflation in the mid-1980s and the mid-1990s. To examine the transmission of common shocks to individual EMU …