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In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
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Trust in the ECB has fallen to unprecedented lows in the aftermath of the financial crisis. Up to the start of the recession in 2008, trust levels in the ECB were moderately high and trust in the ECB was not affected by business cycle variables such as growth and inflation. This changed...
Persistent link: https://www.econbiz.de/10009126422
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10013114710
The paper discusses the economic theory of international antitrust institutions. Economic theory shows that non-coordinated competition policies of regimes that are territorially smaller than the international markets on which business companies compete violate cross-border allocative efficiency...
Persistent link: https://www.econbiz.de/10013104192
goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax …
Persistent link: https://www.econbiz.de/10013069791
The International Competition Network (ICN) celebrates its 20th birthday in 2020. It governs global competition by providing a cooperative forum for (mostly national) competition authorities from all around the world. In the absence of binding global competition rules and antitrust laws, it...
Persistent link: https://www.econbiz.de/10012844459
EU policy-makers by presenting an assessment of the possible implications of such trends for the global economy and the …
Persistent link: https://www.econbiz.de/10013055782
This report elucidates the risk channels for EU economies associated with international financial integration and …
Persistent link: https://www.econbiz.de/10013248798