Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and capital account liberalization as well as improvements in transport and communication technologies. As a consequence, the importance of spillover effects is likely to have increased...

The idea of a Europe of regions has appeared in Western Europe in the 60s. Also in the 60s the first cooperation between neighboring regions created on the borders of France, Switzerland and Germany. The opportunities of the economic development with future EU Member States should not be...

We assess to which degree an international transfer mechanism can enhance consumption risk sharing as well as allocative efficiency and apply our results to a potential European unemployment benefit scheme (EUBS). Specifically, we first develop a simple model with nominal rigidities to build...

The purpose of this study is to analyse the determinants of life expectancy as proxy for health status of the OECD countries' population. A production function of health is used to explain expectancy life at birth for total and ageing population and according to gender. Socio-economic factors,...