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Corporate Efficiency in Europe
Hanousek, Jan; Kocenda, Evzen; Shamshur, Anastasiya - C.E.P.R. Discussion Papers - 2015
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
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Income inequality, decentralisation and regional development in Western Europe
Pike, Andy J; Rodriguez-Pose, Andres; Tomaney, John; … - C.E.P.R. Discussion Papers - 2011
Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is …
Persistent link: https://www.econbiz.de/10009322504
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The Causal Effect of Education on Health: What is the Role of Health Behaviors?
Brunello, Giorgio; Fort, Margherita; Schneeweis, Nicole; … - C.E.P.R. Discussion Papers - 2011
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short-run and long-run mediating effects: while in the former only current or lagged behaviors are taken into account, in the latter we consider the entire history of behaviors. We...
Persistent link: https://www.econbiz.de/10009385763
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Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008
Ponticelli, Jacopo; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2011
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
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Multinational Banking in Europe: Financial Stability and Regulatory Implications Lessons from the Financial Crisis
Barba Navaretti, Giorgio; Calzolari, Giacomo; Levi, Micol; … - C.E.P.R. Discussion Papers - 2010
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
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The Rise and Decline of European Parliaments, 1188-1789
Bosker, Maarten; Buringh, Eltjo; Zanden, Jan Luiten Van - C.E.P.R. Discussion Papers - 2010
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
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The Roles of Monetary Policy in the Process of Economic Reform in Eastern Europe
Bofinger, Peter - C.E.P.R. Discussion Papers - 1990
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
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The European Employment Experience
Ljungqvist, Lars; Sargent, Thomas J - C.E.P.R. Discussion Papers - 2002
Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until … the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A … general equilibrium search model with human capital explains how these outcomes arise from the way Europe's higher firing …
Persistent link: https://www.econbiz.de/10005123735
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European Regional Policies in Light of Recent Location Theories
Puga, Diego - C.E.P.R. Discussion Papers - 2001
Despite large regional policy expenditures, regional inequalities in Europe have not narrowed substantially over the …
Persistent link: https://www.econbiz.de/10005124014
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EMU and Asymmetries and Adjustment Problems in the EMS
Weber, Axel A - C.E.P.R. Discussion Papers - 1990
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