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Keywords:European Union 

Journal Article
An E.U. withholding tax?

International Economic Trends , Issue Nov

Conference Paper
Banking regulation in the European Union: some issues and concerns

Proceedings , Paper 494

Journal Article
Potential output in a rapidly developing economy: the case of China and a comparison with the United States and the European Union

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

Working Paper
Cross-border banking on the two sides of the Atlantic: does it have an impact on bank crisis management?

In the United States and the European Union (EU), political incentives to oppose cross-border banking have been strong in spite of the measurable benefits to the real economy from breaking down geographic barriers. Even a federal-level supervisor and safety net are not by themselves sufficient to incentivizing cross-border banking although differences in the institutional set-up are reflected in the way the two areas responded to the crisis. The U.S. response was a coordinated response, and the cost of resolving banks was borne at the national level. Moreover, the Federal Deposit Insurance ...
FRB Atlanta Working Paper , Paper 2015-11

Discussion Paper
How Has Germany's Economy Been Affected by the Recent Surge in Immigration?

Germany emerged as a leading destination for immigration around 2011, as the country's labor market improved while unemployment climbed elsewhere in the European Union. A second wave began in 2015, with refugees from the Middle East adding to already heavy inflows from Eastern Europe. The demographic consequences of the surge in immigration include a renewed rise in Germany's population and the stabilization of the country's median age. The macroeconomic consequences are hard to measure but look promising, since per capita income growth has held up and unemployment has declined. Data on ...
Liberty Street Economics , Paper 20190520

Journal Article
NAFTA, trade diversion and Mexico's textiles and apparel boom and bust

Southwest Economy , Issue Sep , Pages 11-13

Working Paper
Seigniorage and the European Community: is European economic and monetary union in danger?

Working Papers , Paper 90-19

Journal Article
EU + Austria + Finland + Sweden + ?

FRBSF Economic Letter

Speech
What the euro crisis means for taxpayers and the U.S. economy

Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on Oversight and Government Reform, U.S. House of Representatives.
Speech , Paper 71

Working Paper
Trade and the (dis)incentive to reform labor markets: the case of reform in the European Union.

In a closed economy general equilibrium model, Hopenhayn and Rogerson (1993) find large welfare gains to removing firing restrictions. We explore the extent to which international trade alters this result. When economies trade, labor market policies in one country spill over to other countries through a change in the terms of trade. This reduces the incentive to reform labor markets. In a policy game over firing taxes between countries, we find that countries optimally choose positive levels of firing taxes. A coordinated elimination of firing taxes yields considerable benefits. This insight ...
Working Papers , Paper 04-18

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