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Sorting Out the Effects of Switzerland’s Accession to the EU: A Simulation Analysis

  • Jean-Marie Grether
  • Tobias Müller
Chapter

Abstract

A long and still active debate surrounds the desirability for Switzerland to join the EU. Should the application be reactivated? Should it be for full or “partial” membership? If the controversies surrounding the debate have political, y and economic roots, it is fair to say that much of the debate is concerned about the economic effects. Will any increased efficiency gains be sufficient to compensate for the transfer that will have to accompany membership? What will be the effects of increased migration or the possible adoption of the euro? It is clear that with all the likely effects coming into play it is necessary to sort out their respective importance. A natural way to do so is simulation analysis, which is specifically designed to this purpose. This is what we set out to do in this paper.

Keywords

Interest Rate European Union Real Interest Rate Monetary Union Common Agricultural Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Jean-Marie Grether
  • Tobias Müller

There are no affiliations available

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