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Preferences about the vertical distribution of power in federal systems are not well understood. I argue that negative historical experiences with higher-level governments can plausibly raise demands for exit strategies and a devolution of power. But integration, for instance delegating power...
Persistent link: https://www.econbiz.de/10012840224
We investigate the effect of an EU-wide consumer protection regulation on consumer trust as well as consumer behavior. The Unfair Commercial Practice Directive (UCPD) was implemented by EU member states between 2007 and 2010. We utilize data from the Special and Flash Eurobarometer for the years...
Persistent link: https://www.econbiz.de/10012841928
This paper deals with the voting rules in the EU Council. Both internal and external impact of the voting rules are evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations between the main decision-making bodies in the EU....
Persistent link: https://www.econbiz.de/10013316612
This paper uses a survey among students at European universities to explore whether Russia’s invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia’s assault on February 24, 2022, and some did so just afterwards, thus...
Persistent link: https://www.econbiz.de/10014078670
changed significantly since the 2016 EU referendum. A lot of area characteristics, many of which were previously associated …, carried by protest voters, who used the EU referendum to voice their discontent with domestic social and economic developments …
Persistent link: https://www.econbiz.de/10012892195
This paper deals with the voting rules in the EU Council. Both internal and external impact of the voting rules are evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations between the main decision-making bodies in the EU....
Persistent link: https://www.econbiz.de/10010264287
In 1999, eleven European countries formed the Economic and Monetary Union (EMU); they abandoned their national currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by itself) to a sizable and statistically significant...
Persistent link: https://www.econbiz.de/10010261162
This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the … costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher … prices and imply an aggregate exchange rate pass-through of 0:29. We estimate the Brexit vote increased consumer prices by 2 …
Persistent link: https://www.econbiz.de/10012844422
We study stock market reactions to the Brexit referendum on 23 June 2016 in order to assess investors’ expectations … were driven by fears of a cyclical downturn and by the sterling depreciation following the referendum. We also find …, indicating that investors may have updated their expectations in light of the possibility of a ‘hard Brexit’. We do not find a …
Persistent link: https://www.econbiz.de/10012908678
to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to … in the EU is incomplete and its trend is non-linear while Brexit would not bring negative consequences to its development …
Persistent link: https://www.econbiz.de/10012908727