Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10009577912
Persistent link: https://www.econbiz.de/10010222780
We provide a first attempt to include off-balance sheet, implicit insurance to SIFIs into a consistent assessment of fiscal sustainability, for 27 countries of the European Union. We first calculate tax gaps à la Blanchard (1990) and Blanchard et al. (1990). We then introduce two alternative...
Persistent link: https://www.econbiz.de/10013098648
We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10013087275
the reform process. The analysis shows that, while EU universities have improved their quantitative performance on …
Persistent link: https://www.econbiz.de/10012771997
recognition of qualifications and furthering the goals of the Bologna reforms, the EU should promote mobility of students …, researchers and teachers and open up national funding schemes. The EU should take more initiatives to fund research through the … Structural Funds and the funds for "Competitiveness for Growth and Development," invest in EU flagships and facilitate global …
Persistent link: https://www.econbiz.de/10013317226
Persistent link: https://www.econbiz.de/10011965202
Despite large automatic stabilizers, the performance of the Euro area as a whole in terms of fiscal stabilization is relatively poor. This report argues that a meaningful fiscal stance for the Euro area should rely on the current account as a complement to the output gap, and be coordinated only...
Persistent link: https://www.econbiz.de/10012982261
Persistent link: https://www.econbiz.de/10014518069