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Sovereign risk premiums in the European Government bond market
Bernoth, Kerstin; Hagen, Jürgen von; Schuknecht, Ludger - 2006
This paper provides a study of bond yield differentials among EU government bonds issued between 1993 and 2005 on the … by EU countries and Germany or the USA contain risk premiums which increase with fiscal imbalances and depend negatively …
Persistent link: https://www.econbiz.de/10010365887
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An economic approach to Article 82 : report by the European Advisory Group on Competition Policy
Gual i Solé, Jordi; Hellwig, Martin; Perrot, Anne; … - 2005
This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...
Persistent link: https://www.econbiz.de/10010366559