Chapter 1 Introducing Pandemic Crisis -- Chapter 2 Migration and Welfare-State Policy -- Chapter 3 Globalization and Welfare-State Policy -- Chapter 4 Free Migration: Israel’s Experience -- Chapter 5 Globalization: Israel’s Experience -- Chapter 6 Federal Systems: US-EU Comparison.

The organization of this paper is as follows. Section I builds an empirically implementable model of the current account. Likewise, Section II derives the essential time series properties of the real exchange rate. Positive implications of the intertemporal approach against panel and...

The dynamic effects of fiscal policies on the real equilibrium have been the subject of a large body of recent research, emphasizing the intertemporal dimensions of tax and spending policies both in closed and open-economy contexts. The analysis in this paper extends the intertemporal analysis...