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Macroeconomic Potentials of Transatlantic Free Trade : A High Resolution Perspective for Europe and the World
Felbermayr, Gabriel J. - 2014
gains for Germany (3.5%), Europe (3.9%), and the world (1.6%), but that it could also harm third countries …
Persistent link: https://www.econbiz.de/10013044668
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Sovereign Rating News and Financial Markets Spillovers : Evidence from the European Debt Crisis
Arezki, Rabah - 2011
This paper examines the spillover effects of sovereign rating news on European financial markets during the period 2007 …-2010. Our main finding is that sovereign rating downgrades have statistically and economically significant spillover effects … both across countries and financial markets. The sign and magnitude of the spillover effects depend both on the type of …
Persistent link: https://www.econbiz.de/10013127179
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Fiscal Spillovers in the Euro Area
Caporale, Guglielmo Maria - 2012
This paper analyses the dynamic effects of fiscal imbalances in a given EMU member state on the borrowing costs of other countries in the euro area. The estimation of a multivariate, multi-country time series model (specifically a Global VAR, or GVAR) using quarterly data for the EMU period...
Persistent link: https://www.econbiz.de/10013112600
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Volatility Transmission in Emerging European Foreign Exchange Markets
Bubak, Vit - 2013
spillover index, and show that volatility spillovers tend to increase in periods characterized by market uncertainty …
Persistent link: https://www.econbiz.de/10013094673
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Migrating Football Players, Transfer Fees and Migration Controls
Verbon, Harrie A. A. - 2021
Since the famous Bosman ruling by the European Court of Justice in 1995 transfer fees for football players after moving … unrestricted market free migration from football players will be Pareto efficient under special circumstances only. This paper … shows that transfer fees can correct inefficient migration flows from small to large football leagues. Home-grown rules that …
Persistent link: https://www.econbiz.de/10013317030
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Financing Bologna, the Internationally Mobile Students in European Higher Education
Gerard, Marcel - 2008
Despite the importance of the Bologna process for the mobility of students, and the further mobility of graduates, as well as for peace, growth and welfare in that area, nothing has been decided so far for the financing of internationally mobile students, so that the burden of that financing,...
Persistent link: https://www.econbiz.de/10012770440
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Wealth Inequality and Homeownership in Europe
Kaas, Leo - 2015
The recently published Household Finance and Consumption Survey has revealed large differences in wealth inequality between the countries of the Euro area. We find a strong negative correlation between wealth inequality and homeownership rates across countries. We use two decomposition methods...
Persistent link: https://www.econbiz.de/10013014361
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VAT and Agriculture : Lessons from Europe
Cnossen, Sijbren - 2017
Farmers are often exempted from VAT for administrative and political reasons. But this means that the VAT on their inputs cannot be ‘washed out' through the tax deduction/credit mechanism. To compensate farmers for the uncompensated VAT on inputs, the EU has devised a flat-rate scheme that...
Persistent link: https://www.econbiz.de/10012960480
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The Crisis and Regional Resilience in Europe : On the Importance of Urbanization and Specialization
Brakman, Steven - 2015
Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region's resilience to shocks, the degree of urbanization and specialization. We take the Great Recession, the economic and financial crisis that started in 2008, as our shock and then analyze how...
Persistent link: https://www.econbiz.de/10013033744
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European Identity and Redistributive Preferences
Costa-Font, Joan - 2015
Europe. We draw upon data from the last three decades of waves of the European Values Survey and we examine the impact of …
Persistent link: https://www.econbiz.de/10013019851