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Residential Mobility of the European Elderly

Angelini, Viola; Laferrère, Anne - 2021

With the ageing of the European population, the housing choices of the elderly will have consequences on the whole housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyse the residential mobility decisions of...

Persistent link: https://www.econbiz.de/10013316118

The European Union's Potential for Strategic Emissions Trading Through Minimal Permit Sale Contracts

Eyckmans, Johan; Hagem, Cathrine - 2021

Strategic market behavior by permit sellers will harm the European Union as the EU as a whole is expected to become a … large net buyer of permits in a follow-up agreement to the Kyoto Protocol. In this paper we explore how the EU could benefit … from making permit trade agreements with non-EU countries. These trade agreements involve a minimum permit sales …

Persistent link: https://www.econbiz.de/10013316307

Euro Effects on the Intensive and Extensive Margins of Trade

Flam, Harry; Nordström, Hakan - 2021

We estimate that the euro has increased trade within the eurozone by about 26 percent and trade between the eurozone and outsiders by about 12 percent on average for the years 2002-2005 compared to 1995-1998. The percentage increases were smaller for products that were exported every year during...

Persistent link: https://www.econbiz.de/10013317266

The Dilemmas of Tax Coordination in the Enlarged European Union

Brochner, Jens; Jensen, Jesper; Svensson, Patrick; … - 2021

computable general equilibrium model and a comprehensive set of scenarios for both a common corporate EU tax base and for full … granted. (ii) All scenarios for coordination leave some EU Member States as winners and others as losers. An agreement on tax …

Persistent link: https://www.econbiz.de/10013317316

Emu Enlargement, Policy Uncertainty and Economic Reforms

Hefeker, Carsten - 2021

The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...

Persistent link: https://www.econbiz.de/10013317517

Channel Systems : Why is There a Positive Spread?

Berentsen, Aleksander - 2010

An increasing number of central banks implement monetary policy via two standing facilities: a lending facility and a deposit facility. In this paper we show that it is socially optimal to implement a non-zero interest rate spread. We prove this result in a dynamic general equilibrium model...

Persistent link: https://www.econbiz.de/10013135781

The Effects of Monetary Policy on Unemployment Dynamics under Model Uncertainty - Evidence from the US and the Euro Area

Altavilla, Carlo - 2013

This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian model averaging procedure on a wide range of models...

Persistent link: https://www.econbiz.de/10012753184