longer horizons. While the success of the G7 is partly dependent on the market environment, it is also to a significant …

reflect contemporaneous information about bank riskin the United States and in Europe.2 In our study, we firstexamine the …

This study assesses the degree of financial integration for a selected number of new EU member states between … themselves and with the euro zone. Within the framework of a factor model for market returns, we measure integration as the … amount of variance explained by the common factor relative to the local components. We show that this measure of integration …

This paper analyzes the performance of global value chains during the trade collapse. To do so, it exploits a unique … transaction-level dataset on French firms containing information on cross-border monthly transactions matched with data on …

This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is …

In an overlapping generations maximization framework with consumers, whose information on uncertain future income …

It is well known that, whereas in one-agent contexts the value of information is always positive, in strategic … situations, this is not always the case. We will consider the class of games for which, under a specific information structure … information structure is Pareto dominated by this unique Pareto payoff profile. Therefore for these games the value of information …