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Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
Working Paper No. 0111
Verlag: 
Johannes Kepler University of Linz, Department of Economics, Linz
Zusammenfassung: 
Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify capital accumulation as a prime transmission channel. Using a dynamic CGE model with search unemployment of high- and low-skilled labor, we simulate the effects of enlargement on Germany finding small e.ects from trade, but more pronounced labor market e.ects from migration. Based on German model elasticities, we approximate expected benefits and costs for other member countries as well.
Schlagwörter: 
enlargement
economic integration
economic growth
capital accumulation
search unemployment
computable general equilibrium analysis
JEL: 
C68
F13
F15
Dokumentart: 
Working Paper

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