Europa stolpert von Krise zu Krise. Die Finanz- und Schuldenkrise gefährdet die Europäische Währungsunion. Das Brexit-Votum zeigt, wie weit verbreitet die Europaskepsis ist. Die Wirtschaft kommt nicht in Schwung. Die Arbeitslosigkeit ist hoch. Und die Flüchtlingskrise hat die politischen...

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural refoms in the (low distortion) member countries and the (high distortion) candidate country. While monetary union lowers reforms in the candidate country, members of the monetary...

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate country. While monetary union lowers reforms in the candidate country, members of the monetary...