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Journal Article
NAFTA, trade diversion and Mexico's textiles and apparel boom and bust
Gruben, William C. (2006-09)
Southwest Economy , Issue Sep , Pages 11-13

Working Paper
Irregular immigration in the European Union
Zavodny, Madeline; Orrenius, Pia M. (2016-01-01)
Unauthorized immigration is on the rise again in the EU. Although precise estimates are hard to come by, proximity to nations in turmoil and the promise of a better life have drawn hundreds of thousands of irregular migrants to the EU in 2014-2015. Further complicating the ongoing challenge is the confounding flow of humanitarian migrants, who are fleeing not for a job but for their lives. Those who flee for better economic conditions are irregular migrants, not humanitarian migrants, but the lines between the two are often blurred. This policy brief surveys the state of irregular immigration ...
Working Papers , Paper 1603

Journal Article
Potential output in a rapidly developing economy: the case of China and a comparison with the United States and the European Union
Zheng, Jinghai; Hu, Angang; Bigsten, Arne (2009-07)
The authors use a growth accounting framework to examine growth of the rapidly developing Chinese economy. Their findings support the view that, although feasible in the intermediate term, China's recent pattern of extensive growth is not sustainable in the long run. The authors believe that China will be able to sustain a growth rate of 8 to 9 percent for an extended period if it moves from extensive to intensive growth. They next compare potential growth in China with historical developments in the United States and the European Union. They discuss the differences in production structure ...
Review , Volume 91 , Issue Jul

Report
Borders and business cycles
Van Wincoop, Eric; Clark, Todd E. (1999)
We document that business cycles of U.S. Census regions are substantially more synchronized than those of European Union countries, both over the past four decades and the past two decades. Data from regions within the four largest European countries confirm the presence of a European border effect ? within-country correlations are substantially larger than cross-country correlations. These results continue to hold after controlling for exogenous factors such as distance and size. We consider the role of four factors that have received a lot of attention in the debate about EMU: sectoral ...
Staff Reports , Paper 91

Journal Article
Commentary on Potential output in a rapidly developing economy: the case of China and a comparison with the United States and the European Union
Zhu, Xiaodong (2009-07)
Review , Volume 91 , Issue Jul , Pages 343-348

Journal Article
European economic integration: a conflict of visions
Saving, Jason L. (2005-07)
Southwest Economy , Issue Jul , Pages 1, 12-15

Working Paper
Investing for the long-run in European real estate
Nicodano, Giovanna; Guidolin, Massimo; Fugazza, Carolina (2006)
We calculate optimal portfolio choices for a long-horizon, risk-averse investor who diversifies among European stocks, bonds, real estate, and cash, when excess asset returns are predictable. Simulations are performed for scenarios involving different risk aversion levels, horizons, and statistical models capturing predictability in risk premia. Importantly, under one of the scenarios, the investor takes into account the parameter uncertainty implied by the use of estimated coefficients to characterize predictability. We find that real estate ought to play a significant role in optimal ...
Working Papers , Paper 2006-028

Conference Paper
Banking regulation in the European Union: some issues and concerns
Hall, Maximilian J. B. (1996)
Proceedings , Paper 494

Journal Article
Interview with Tommaso Padoa-Schioppa
Rolnick, Arthur J. (2001-12)
The Region , Volume 15 , Issue Dec , Pages 28-43

Journal Article
Ties that bind
Clement, Douglas (2004-12)
The pact to ensure fiscal stability in Europe's monetary union might soon be loosened. Not good, say economists at the Minneapolis Fed
The Region , Volume 18 , Issue Dec , Pages 10-13, 42-45

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