European Integration and the Functioning of Product Markets

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Meese, Richard A. Empirical exchange rate models of the seventies: Do they fit out of sample? Journal of International Economics, vol. Maastricht Treaty. Optimum currency area OCA. Kenen, P.


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Mundell and A. Objectives , instruments and strategy. Non-standard measures unconvetional monetary policy. Benefits of price stability. Scope of monetary policy.

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Again on transmission mechanism. Stability and Growth Pact. ECB on the Fiscal Compact see here.

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Thomas J. Buiter, W. Alesina and F. Giavazzi, editors , The University of Chicago Press. Charles Wyplosz, Promoting Potential Growth. Structural Reforms and The Debt Trap, chapter 8 of this book. AH Aghion, P.


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  • BAG Blanchard, O. BSiM : Barro, R. JV Jones, C. I and Vollrath, D.. Lecturers: Prof. Barbara Annicchiarico Parts 1 and 2 and Prof. Alessandra Pelloni Part 3. E-mail addresses: barbara. Office Hour: We haven't an open-door policy. Check here or here.

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    This pre-exam is scheduled for December 18th at The European Semester. My e-mail policy: See here. Please respect the following office hour: Monday during the first term otherwise by e-mail appointment. The course will cover economic concepts, models and tools developed in the field of international economics and macroeconomics that are particularly suited to provide students with a better understanding the of the process of European integration and the structural reforms.

    Making Judgements: What is learned can be used to assess critically and without prejudices the activity and the decisions of national and European policy makers. Students are also expected to be develop autonomous learning abilities. Pre-exam: only attending students are eligible to take the pre-exam on the first part of the course. This pre-exam is scheduled for Friday December 15th. Each regularly attending student must give a presentation on an assigned topic.

    EU Trade Policy explained

    Presentations will take place during the last two weeks of the course in December. Presentation slots will be assigned randomly as well as topics slots and topics can be exchanged. Academic integrity is of paramount importance, as trust between writers and their readers as well as between teachers and their students is the most fundamental asset for scientific knowledge and its transmission. See also Exam Rules here. Students must take care of available equipment and materials and promptly report any damage and loss. Attending Students : Students are classified as "attending students" if they miss no more than 8 classes in total.

    Attending students' presentations are full part of the course and attendance counts towards the "attending student" status. Non-attending Students : Students with more than 8 absences or who are involved in internships or are abroad for the Erasmus and the Overseas programme are classified as "non-attending students". Non-attending students are responsible to make up all work missed. Office hours are devoted to clarifications not to private lessons. Last update: 20th November In this way I'll be able to tailor the contents of this course to students' needs, interests and background.

    Paris, chapter 1. Bernard, A. The Maddison Project Database.

    European Integration and the Functioning of Product Markets

    Ameco Database. Lothian, James R. Jones, C. Lucas, R. Economic Integration and Structural Reforms. Students are expected to be familiar with basic microeconomics and macroeconomics concepts and models. Knowledge and Understanding : In-depth understanding of the integration process, of the economic implications of the integration process, of the treaties governing the economic functioning of the European Union and of monetary and fiscal policies global financial crisis, euro sovereign debt crisis, fiscal compact, austerity.

    Applying Knowledge and Understanding : To give students familiarity with a broad range of European policy issues; to ensure a good knowledge of the economic grounding of European economic integration; to show students the usefulness of simple analytical models in understanding the relevant aspects of European integration and to give them the ability to apply these analytical tools intelligently. Making Judgements : What is learned can be used to assess critically and without prejudices the activity and the decisions of national and European policy makers.

    Communication Skills : be able to rigorously present facts and complex mechanisms; learn how to present complex facts in a comprehensive manner and communicate the relative conclusions, knowledge and rationale to specialists and non-specialized audiences.

    European capital markets: priorities and challenges

    Additionally, attending students will be evaluated during the course, which provides a stronger incentive to familiarize with the material in due time, enhancing learning and often leading to more successful outcomes. Punctuality is mandatory. Attending Students: Students are classified as "attending students" if they miss no more than 5 classes in total. Non-attending Students: Students with more than 5 absences or who are involved in internships or are abroad for the Erasmus and the Overseas programme are classified as "non-attending students".

    Academic dishonesty include cheating on tests, plagiarism, improper citation, recycled work, unauthorized assistance, or similar actions. Students are required to submit written assignments in electronic format on the due date for plagiarism check. Barbara Annicchiarico: Friday from during the first term, by e-mail appointment during the rest of the year. Pre-exams are optional. Looking beyond the free trade of goods and services, one area where significant financial gains could be achieved is through the EU's digital economy.

    A fully functional and integrated EU Digital Single Market would bring many benefits to European businesses and consumers. The size of the potential economic benefits leads to questions about why the EU is not doing more with the Single Market and more specifically, the Digital Single Market. Ultimately, there are still many barriers which make the full integration of the Single Market challenging. These are mainly associated with regulation, private law issues, tax issues, logistics and other more nuanced differences across EU member states.

    Another challenge is that the economic benefits linked with a more closely integrated Single Market may not be equally distributed across EU member states. It is likely that the newer member states will gain disproportionally. The potential benefits and effects will also vary across different sectors and different companies, depending on their size. Economic literature: papers , articles , software , chapters , books. European Integration and the Functioning of Product Markets.

    Registered :. The book reveals that European product market integration has a significant impact on the conditions of competition, the strategies of companies and the structure of industry. It adds a quarter of a percentage to annual GDP growth rates and has not led to an increased exposure of the EU to asymmetric shocks. Handle: RePEc:elg:eebook as.

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