Labour market developments in the Euro area diverged significantly since 2008. Economic literature frequently refers to labour mobility as pillar for the functioning of currency areas. Applying the CGE model PuMA, we quantitatively analyse to what extent labour mobility can contribute to...

Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...

International trade negotiations have recently tackled the issue of possible free trade restrictions, justified - among others - on the basis of environmental concerns. Also, some analyses of international environmental agreements (especially in the field of climate change) have highlighted the...

Rücküberweisungen von Migrantinnen und Migranten in ihre Heimatländer (Remittances) haben in den letzten Jahren stark an Bedeutung gewonnen. Remittances werden hierbei auch verwendet, um Beschränkungen bei der Finanzierung einer Selbstständigkeit oder beim Immobilienerwerb zu umgehen....