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EU banks rating assignments : is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …
Persistent link: https://www.econbiz.de/10003974520
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Surprising comparative properties of monetary models : results from a new model database
Taylor, John B.; Wieland, Volker - 2010
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy. We make use of a new database of models designed for such investigations. We focus on three representative models: the Christiano, Eichenbaum, Evans (2005) model, the Smets and...
Persistent link: https://www.econbiz.de/10008688516
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Taxing our wealth
Scheuer, Florian; Slemrod, Joel - 2020
This paper evaluates proposals for an annual wealth tax. While a dozen OECD countries levied wealth taxes in the recent past, now only three retain them, with only Switzerland raising a comparable fraction of revenue as recent proposals for a US wealth tax. Studies of these taxes sometimes, but...
Persistent link: https://www.econbiz.de/10012318581
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The Maastricht convergence criteria and optimal monetary policy for the EMU accession Countries
Lipińska, Anna (contributor) - 2008
The EMU accession countries are obliged to fulfill the Maastrich convergence criteria prior to entering the EMU. This paper uses a DSGE model of a two-sector small open economy, to address the following question: How do the Maastricht convergence criteria modify optimal monetary policy in an...
Persistent link: https://www.econbiz.de/10003778818
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Trade with central and eastern Europe : is it really a threat to wages in the west?
Polgár, Éva Katalin; Wörz, Julia - 2010
industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it …
Persistent link: https://www.econbiz.de/10008659411
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The enlargement of the European Union and the redistribution of seigniorage wealth
Feist, Holger - 2001
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union …
Persistent link: https://www.econbiz.de/10011397787
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Money can't buy EU love : European funds and the Brexit referendum
Fidrmuc, Jan; Hulényi, Martin; Tunali, Çiğdem Börke - 2016
favor of remaining in the EU. Somewhat surprisingly, the intensity of immigration from the EU is positively correlated with …
Persistent link: https://www.econbiz.de/10011544086
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The assignment of powers in an open-ended European Union
Salmon, Pierre - 2003
A major characteristic of the European Union is its transitional or evolving nature, in particular with regard to the assignment of powers between the two main levels of government. More precisely, under current constitutional arrangements, this evolving nature takes the form of an integration...
Persistent link: https://www.econbiz.de/10011508094
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EMU enlargement, policy uncertainty and economic reforms
Hefeker, Carsten (contributor) - 2006
Persistent link: https://www.econbiz.de/10003364637
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Efectos del proceso de integración europeo sobre la composición funcional del gasto público
Sanz Labrador, Ismael; Velázquez Angona, Francisco J. - In: Papeles de economía española 91 (2002), pp. 46-59
Persistent link: https://www.econbiz.de/10001660053