Using a panel of 21 OECD countries and 40 years of annual data, we find that countries with similar government budget positions tend to have business cycles that fluctuate more closely. That is, fiscal convergence (in the form of persistently similar ratios of government surplus/deficit to GDP)...

In the 1950s and early 1960s, Great Britain's computing industry led the world in the development and application of computers for business and administrative work. The British government and civil service, paragons of meritocracy in a country stratified by class, committed themselves to...

This research explores the relationship between economic growth and trade sector performance in the context of the Italian experience over the post-Second World War period. In order to address the effects of external sector growth on Italy's pattern of industrialization and its overall economic...

Per daugelį Europos integracijos ir plėtros metų Europos Sąjunga išsivystė į heterogonišką valstybių grupę, kurioms būdingi dideli regioniniai skirtumai. Išryškėję regionų ekonominio išsivystymo skirtumai tiek pačiose valstybėse narėse, tiek tarp valstybių narių,...

The subsequent volume revolves around the Social-Fields-Approach (SOFIA) as an approach to conceptualization and operationalisation for the purpose of empirical research. It contributes a new perspective and approach in research on innovation. We believe that SOFIA can have implications for both...

This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financialmarkets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal...

Mergers in travel industry which are extremely important in Europe and especially Germany, gained speed and these mergers give rise to cartelization. Mergers in travel industry are seen mostly in German and English establishments. These merger companies have both began to dominate the travel...

This is a survey of some of the key studies in the literature on international migration in history that may be described as cliometric. This literature uses the concepts and approaches of applied economics to investigate a range of historical issues and there are strong parallels with the...