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Bringing Politics Back In:Rethinking the Role of Economic Interest Groups in European Integration

Grossman, Emiliano - Centre d'études européennes (CEE) at Sciences Po, Paris - 2003

This paper attempts to lay the ground for an alternative view of economic interest groups’attitude toward European Integration. It starts by presenting a largely sceptical view on interestgroup power which contrasts with both works in the intergovernmental and in thesupranationalist tradition....

Persistent link: https://www.econbiz.de/10008693809

Central banks, trade unions, and reputationâis there room for an expansionist maneuver in the European Union?

Pusch, Toralf; Heise, Arne - In: Journal of Post Keynesian Economics 33 (2010) 1, pp. 105-126

It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to flaws in the labor market. In this paper, we look at the changes that occur if trade unions and the central bank have...

Persistent link: https://www.econbiz.de/10008741362

External imbalances in a monetary union. Does the Lawson doctrine apply to Europe?

Camarero, Mariam; Carrion-i-Silvestre, Josep Lluís; … - Departament d'Estructura Econòmica, Facultad de Economía - 2010

-section dependence among EMU countries as well as possible structural breaks endogenously determined. The results point to the need of … EMU are on the ground of the excessive cost in terms of growth and employment of the current crisis. …

Persistent link: https://www.econbiz.de/10008751286

European Integration and Labour Migration

Kancs, d'Artis; Kielyte, Julda - In: European Integration online Papers (EIoP) 14 (2010) 11

The present paper studies how European integration might affect the migration of workers in the enlarged EU. Unlike the reduced-form migration models, we base our empirical analysis on the theory of economic geography à la Krugman (1991), which provides an alternative modelling of migration...

Persistent link: https://www.econbiz.de/10008754937

What prospects for European fiscal policy?

Meijer, Hugo L.E. - In: International Journal of Economics and Business Research 1 (2009) 1, pp. 21-42

This article investigates the potential contribution of a supranational fiscal automatic stabilisation mechanism to the architecture of European fiscal policy. Having briefly reviewed the literature on the subject, we report on a simulation of such a mechanism – on the basis of the one...

Persistent link: https://www.econbiz.de/10008755182

The effect of the EMU on short and long-run stock market dynamics: new evidence on financial integration

Lafuente, Juan Angel; Ordonez, Javier - In: International Journal of Financial Markets and Derivatives 1 (2009) 1, pp. 75-95

This paper deals with the time evolution of stock market integration around the introduction of the euro. In particular we test whether the degree of integration between the main eurozone countries increased after European monetary union. The contribution of the paper to the extant literature is...

Persistent link: https://www.econbiz.de/10008755229

Testing the shape of EMU term structure of interest rates

Ruiz-Dotras, Elisabet; Bolance-Losilla, Catalina; … - In: International Journal of Financial Markets and Derivatives 1 (2010) 4, pp. 422-437

The creation of EMU raises the question whether the common monetary policy has the same impact in all member countries …. We analyse the convergence of interest rates in four major EMU countries from 1999 to 2007. We suggest to test the … statistically equal only in the early years of the EMU if we consider the four countries. If we consider Germany, France and Spain …

Persistent link: https://www.econbiz.de/10008755247

External imbalances in a monetary union. Does the Lawson doctrine apply to Europe?

Camarero, Mariam; Carrion-i-Silvestre, Josep Lluís; … - Asociación Española de Economía y Finanzas … - 2010

Persistent link: https://www.econbiz.de/10008764321

OCA theory and EMU eastern enlargement: An empirical application

Weimann, Marco - Fakultät Wirtschaftswissenschaften, Technische … - 2002

worse suitable for EMU membership than the current participants. The theory of optimum currency areas provides several … the current EMU we use a structural VAR approach in order to identify economic shocks that hit the countries to be …

Persistent link: https://www.econbiz.de/10009226132

A new governance for the EMU and the economic policy framework

Schilirò, Daniele - Volkswirtschaftliche Fakultät, … - 2011

Council, named the ‘Pact for the Euro’, to design a new governance of the EMU, can be considered a fairly significant step for …

Persistent link: https://www.econbiz.de/10009226948