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What do we really know about fiscal sustainability in the EU? A panel data diagnostic

Afonso, António; Rault, Christophe - HAL - 2007

We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically, we use panel unit root tests of the first and second generation allowing in some cases for structural breaks. We also apply modern panel cointegration techniques developed by...

Persistent link: https://www.econbiz.de/10008794354

3-Step Analysis of Public Finances Sustainability: the Case of the European Union*

Afonso, António; Rault, Christophe - HAL - 2008

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF specific panel unit root test to investigate the meanreverting behaviour of general government expenditures and revenues ratios. Secondly, we apply the bootstrap panel...

Persistent link: https://www.econbiz.de/10008794837

On the structure and form of the GDP-nuclear nexus. New perspectives and new findings

Jobert, Thomas; Karanfil, Fatih; Tykhonenko, Anna - HAL - 2012

Much of the existing literature on the relationship between nuclear energy consumption and gross domestic product (GDP) deals only with the causal links between these two variables. However, very little attention has been paid to the structure and form of this relationship. This paper first uses...

Persistent link: https://www.econbiz.de/10010592547

Are public transport improvements endogenous with respect to employment and income location in a city?

Bacares, Carlos Augusto Olarte - HAL - 2014

to infer causality of improvement of public transport. The size of companies, defined by the number of jobs they offer … largely defined by the level of improvement to urban public transport in each zone of the city but the causality relationship … seams to have a causality relationship with the income of inhabitants in each zone and the number of jobs, and this changes …

Persistent link: https://www.econbiz.de/10011025830

A Behavioral Definition of States of the World

Vergopoulos, Vassili - HAL - 2014

This paper elaborates an axiomatic treatment of the Subjective Expected Utility (SEU) model that dispenses with the assumption of an exogenous state space. Within a state-free description of uncertainty and alternatives, axioms for preferences are formulated and shown to characterize the...

Persistent link: https://www.econbiz.de/10011025910

Oil Price and the Dollar

Coudert, Virginie; Mignon, Valérie; Penot, Alexis - HAL - 2008

exchange rate, expressed in real terms. To this end, weproceed to a cointegration and causality study between the two variables …. Our results indicate that causality runs from oil prices to the exchange rate and that the relationship between the two …

Persistent link: https://www.econbiz.de/10008789406

Trade and productivity: self-selection or learning-by-exporting in India

Haidar, Jamal Ibrahim - HAL - 2012

Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to industrial reforms. Using data on Indian manufacturing firms, this paper analyzes the relationship between firm's productivity and export market participation during 1991-2004....

Persistent link: https://www.econbiz.de/10010635258

Health, Work and Working Conditions: A Review of the European Economic Literature

Barnay, Thomas - HAL - 2014

, researchers control endogeneity skews (e.g., reverse causality, omitted variables) when conducting empirical analysis. With these …

Persistent link: https://www.econbiz.de/10010820607

L'indice de développement humain : une évaluation rétrospective pour La Réunion (1985-2005)

Goujon, Michaël - HAL - 2011

This paper aims at assessing the level of Human Development Index for La Réunion for the years 1985, 1990 and 1995-2005. It appears that the region experienced a significant progress of human development during this period. However, the gap between La Réunion and France is persistent in the...

Persistent link: https://www.econbiz.de/10008793764

Real gains from flow-based methods for allocating power transmission capacity in Europe

Rious, Vincent; Dessante, Philippe - HAL - 2009

This paper aims at understanding and assessing the main methods proposed by ETSO and EuroPEX [1] to define and allocate interconnection capacities in Europe. We model these methods and evaluate their technical and economic efficiency on a 7-node network. We find first, that, unsurprisingly, the...

Persistent link: https://www.econbiz.de/10008789405