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The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMU - differences in growth, inflation, competitiveness, current account and budget...
Persistent link: https://www.econbiz.de/10010286088
Around 9% of the Lithuanian workforce emigrated to Western Europe after the enlargement of the European Union in 2004. I exploit this emigration wave to study the effect of emigration on wages in the sending country. Using household data from Lithuania and work permit and census data from the UK...
Persistent link: https://www.econbiz.de/10010290016
There is a fear that if Turkey were given admission to the EU massive migration to the other member countries of the EU would result. This paper develops a theoretical framework for the migration decision that takes into consideration the impact on uncertainty of some of the important economic...
Persistent link: https://www.econbiz.de/10010290337
Power indices suggest that adding new members to a voting body may increase the power of an existing member, even if the number of votes of all existing members and the decision rule remain constant. This phenomenon is known as the paradox of new members. This paper shows that the paradox has...
Persistent link: https://www.econbiz.de/10010290535
This paper considers the macroeconomic effects of the migration that followed the enlargement of the EU in May 2004. At that time the EU was expanded to include 10 New Member States (NMS) predominantly from Central and Eastern Europe. In the wake of accession the number of workers migrating to...
Persistent link: https://www.econbiz.de/10010290590
Immigration has once again become an important and contentious issue in the European Union. This paper, therefore, contributes to the debate by analysing different dimensions of the problem in the context of EU enlargement, using a consistent model of migration. This recognises that, within...
Persistent link: https://www.econbiz.de/10010290684
We study how the EU enlargement in 2004 and the Great Recession in the late 2000s have shaped the scale and composition of migration flows from the New Member States to Germany. We demonstrate that immigration increased substantially despite the restrictions on the German labor market, and that...
Persistent link: https://www.econbiz.de/10010291411
The catching up process in Czech Republic, Hungary, and Poland is analyzed by investigating the integration properties of log-differences in per-capita GDP versus the EU15 and a Mediterranean country group. We account for structural changes by using unit root tests that allow for two endogenous...
Persistent link: https://www.econbiz.de/10005862323
Mit dem Beitritt zur Europäischen Union im Jahr 2004 wurden zehn neue Mitgliedstaaten in den europäisxchen Binnenmarkt integriert. Der Warenaustausch intensivierte sich bereits vor dem Beitritt deutlich, da die meisten Zölle und nichttarifären Handelshemmnisse schon in den 1990er Jahren...
Persistent link: https://www.econbiz.de/10010362774
Persistent link: https://www.econbiz.de/10010386212