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Redistribution and Risk Sharing in EMU
(Valtion taloudellinen tutkimuskeskus VATT, 1998-01-01)
This study analyses possibilities for independent national redistribution and risk sharing policy in EMU by reviewing literature on fiscal federalism. The currency union will not directly affect the national welfare policy. ...
Belgium as a small open economy in the core of Europe
(Valtion taloudellinen tutkimuskeskus VATT, 1995-01-01)
Small open economies in Europe share many of the same characteristics, policy choices and economic problems. This paper argues that Belgium is profoundly affected by its position as a small open economy in the core of the ...
Trade Preferences in the EU Sugar Sector: Winners and Losers
(Valtion taloudellinen tutkimuskeskus VATT, 2005-01-25)
The ongoing trade negotiations, unilateral trade concessions and obligations under the WTO are pushing the EU sugar regime to undertake reforms. These reforms will alter the positions of developing countries in the global ...
OECD Forecasts for the G7 Countries in 1969 - 1997
(Valtion taloudellinen tutkimuskeskus VATT, 1998-01-01)
This paper presents a review of OECD forecasts for the G7 countries for the period 1969 - 1997. The analysis deals with the magnitude,
auto-correlation and eventual bias of the errors. In addition, we scrutinize the cyclical ...
Do automatic stabilisers take care of asymmetric shocks in the euro area?
(Valtion taloudellinen tutkimuskeskus VATT, 2000-12-01)
This paper deals with the question whether the automatic fiscal stabilisers are strong enough to solve the problem of asymmetric shocks in the Euro area. The question is important for many reasons, for instance in terms ...
On the Patterns of European Production Factor Mobility
(Valtion taloudellinen tutkimuskeskus VATT, 1994-01-01)
Enlargement of the European Union with the CEECs. Problems, recent experiences and suggested solutions
(Valtion taloudellinen tutkimuskeskus VATT, 1994-01-01)
Eastern Enlargement and Portugal
(Valtion taloudellinen tutkimuskeskus VATT, 1999-01-01)
The paper is structured in two parts. The first one analyses the proposals of the European Commission concerning the reform of the European Union policies and the Eastern enlargement, set out in Agenda 2000. The second ...
Growth and Employment in Nordic Welfare States in the 1990s: a Tale of Crisis and Revival
(Valtion taloudellinen tutkimuskeskus VATT, 2004-06-11)
This paper reviews the macroeconomic performance of the so called Nordic welfare states, especially in terms of growth and employment. In the post-war years the Nordic economies enjoyed rapid growth and full employment. ...