Showing 1 - 10 of 51
Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …
Persistent link: https://www.econbiz.de/10011213309
Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is …
Persistent link: https://www.econbiz.de/10009322504
we consider the entire history of behaviors. We use an empirical approach that addresses the endogeneity of education and …
Persistent link: https://www.econbiz.de/10009385763
Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship...
Persistent link: https://www.econbiz.de/10009201119
distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …
Persistent link: https://www.econbiz.de/10008468703
innovation. In the early-modern period parliaments declined in influence in southern and central Europe and gained in importance …
Persistent link: https://www.econbiz.de/10008530357
The first part of the paper analyzes the inflationary risks associated with price liberalization, the welfare costs of inflation and the difficulties of East European central banks in pursuing non-inflationary policies. The main obstacles are the low credibility of stabilization policies and a...
Persistent link: https://www.econbiz.de/10005123602
Despite large regional policy expenditures, regional inequalities in Europe have not narrowed substantially over the …
Persistent link: https://www.econbiz.de/10005124014
The paper empirically analyzes asymmetries in the EMS with special reference to their implication for the creation of a monetary union (EMU). Two types of asymmetries are analyzed: those in the form of "German dominance" are detected in the conduct of monetary policies in the EMS, in particular...
Persistent link: https://www.econbiz.de/10005124043
that whereas the effects for Europe and in particular the EFTA countries may be substantial, the rest of the world has … little to fear from a more integrated Europe. The effects for Europe come in terms of welfare gains and structural changes …
Persistent link: https://www.econbiz.de/10005124192