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Green serves the dirtiest : on the interaction between Black and Green Quotas
Böhringer, Christoph; Rosendahl, Knut Einar - 2009
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10010271859
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What do we really know about fiscal sustainability in the EU?: a panel data diagnostic
Afonso, António; Rault, Christophe - 2008
We assess the sustainability of public finances in the EU15 using stationarity and cointegration analysis. Specifically … revenues. While sustainability may be lacking in individual cases, fiscal policy was overall sustainable both for the EU15 …
Persistent link: https://www.econbiz.de/10010264310
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3-Step analysis of public finances sustainability: the case of the European Union
Afonso, António; Rault, Christophe - 2008
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10010264433
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Budgetary and external imbalances relationship: a panel data diagnostic
Afonso, António; Rault, Christophe - 2009
between the two imbalances for each country for the period 1970-2007, and for different EU and OECD country groupings. The …
Persistent link: https://www.econbiz.de/10010264569
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Bootstrap panel granger-causality between government budget and external deficits for the EU
Afonso, António; Rault, Christophe - 2009
period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … budget deficits to current account deficits for several EU countries: Bulgaria, Czech Republic, Estonia, Finland, France …
Persistent link: https://www.econbiz.de/10010264585
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Short and long-run behaviour of long-term sovereign bond yields
Afonso, António - 2010
This study assesses the short and long-run behaviour of long-term sovereign bond yields in OECD countries, for the period 1973-2008. We employ a dynamic panel approach to reflect financial and economic integration, and to increase the performance and accuracy of the tests. Given the existence of...
Persistent link: https://www.econbiz.de/10010274743
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Spend-and-tax : a panel data investigation for the EU
Afonso, António; Rault, Christophe - 2009
, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a …
Persistent link: https://www.econbiz.de/10010276304
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Pay and Unemployment Determinants of Migration Flows in the European Union
Afonso, António; Alves, José; Beck, Krzysztof - 2022
We analyze the migration drivers within the European Union countries. For a set of 23 EU countries over the 1995 … quantile regression results. Hence, human capital inside the EU is moving in search of higher cross-country earnings. …
Persistent link: https://www.econbiz.de/10014290041
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Ricardian fiscal regimes in the European Union
Afonso, António (contributor) - 2005
Persistent link: https://www.econbiz.de/10003330044
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An assessment of telecommunications regulation performance in the European Union
Afonso, António (contributor); Scaglioni, Carla (contributor) - 2006
Persistent link: https://www.econbiz.de/10003330174