Showing 1 - 9 of 9
the EU-27 as a whole, there was a modest increase in within-country regional inequality, but convergence across countries …. The latter effect was quantitatively more important, so on the whole there was income convergence in the EU-27, especially … inequality ; economic growth and convergence ; European integration …
Persistent link: https://www.econbiz.de/10003790533
Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number of proxy variables, whereas Total Factor Productivity is...
Persistent link: https://www.econbiz.de/10009229809
This paper analyses the effect of the EU enlargement process on income convergence among regions in the EU and in the … regional income differences are reduced within EU15. The income convergence within the EU is mainly driven by reductions in the … conditions in the regions are controlled for by fixed regional effects there are strong evidences of convergence among regions in …
Persistent link: https://www.econbiz.de/10003824026
This paper focuses on emerging labour patterns within the Socio-Ecological Transition (SET), with particular attention paid to the effects of urbanisation. Based on the European Labour Force Survey (ELFS), the authors mobilize micro-econometric approaches in order to understand three major...
Persistent link: https://www.econbiz.de/10009763603
This paper analyses the spatial distribution of economic activity in the European Union at NUTS2 level over the 2001-2010 period. The aim of the study is twofold: (i) to provide descriptive evidence of the agglomeration distribution in Europe and its evolution over time across countries; (ii) to...
Persistent link: https://www.econbiz.de/10009771969
The Greek bail-out was highly controversial. An oft-heard assessment is that i) the bail-out was a mistake, ii) the political haggling over it was irrational and iii) the bail-out will create a moral hazard problem. Contrary to this view, our analysis suggests that, given EMU's present...
Persistent link: https://www.econbiz.de/10008664981
This paper uses a multi region DSGE model with collateral constrained households and residential investment to examine the effectiveness of fiscal policy stimulus measures in a credit crisis. The paper explores alternative scenarios which differ by the type of budgetary measure, its length, the...
Persistent link: https://www.econbiz.de/10008906582
Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....
Persistent link: https://www.econbiz.de/10009572988
The present paper first takes a step backwards with an attempt to situate the adoption of this Treaty in discussion of the SGP and the "Maastricht criteria" (the criteria for EMU membership fixed in the Maastricht Treaty) in a longer perspective of the sharing of competences for macroeconomic...
Persistent link: https://www.econbiz.de/10009789938