Over the last decade, European Union members have experienced a dramatic increase in imports. This increase was accompanied by a strong growth in the number of imported goods and trading partners, indicating positive welfare gains for consumers via an extended set of consumption possibilities,...

The European Council selects the EMU participants by a vote with a qualified majority. These voting requirements influence the benefit-cost-considerations of the EU states and may make it necessary to loosen the convergence criteria and/or to grant side payments, in order to achieve the...

Mein Beitrag zu unserer Ringvorlesung fragt nach dem Einfluß Deutschlands auf die Wirtschaftspolitik der EG. Dieser Einfluß wird innerhalb und außerhalb Deutschlands sehr unterschiedlich gesehen. Ich habe diese unterschiedliche Sicht in zwei Begriffen - zwei Schlagworten - auf den Punkt...

This paper has provided an introduction to a multi-country model applied to the European Union which can be used to tackle fiscal policies questions in a static framework. We provide in addition a code written in GAMS, which accomodates the model specification in a concise and transparent...

Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a beggar-thy-neighbor policy to exploit terms of trade....