Pfaffermayr, Michael; Huber, Peter; Wolfmayr, Yvonne - 2004
' purchasing power, depending on whether two regions are located in (i) the same country (ii) within the EU15 or (iii) outside the … EU15. Our results suggest that there are substantial market potential effects on nominal wage rates. We also find … significant border effects between EU15 and non-EU15 countries. Our estimation results suggests that the enlargement of the EU on …