The purpose of the paper is to analyze the competitiveness of the Romanian horticultural sector in terms of production efficiency, using a few specific indicators such as land productivity, labour productivity, and share of costs in production. These indicators have been calculated on the basis...

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...