Showing 1 - 10 of 120
Under what conditions can the European Neighbourhood Policy achieve one of its main objectives: to resolve conflicts in the European Union's neighbourhood? In the spirit of Montesquieu and Monnet, the basic hypothesis of the EU is that closer economic integration encourages governments to take...
Persistent link: https://www.econbiz.de/10009571288
The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the … demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas … exports. Removal of other market imperfections in the Russian energy markets has smaller impacts on prices and quantities than …
Persistent link: https://www.econbiz.de/10010533092
We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase-out in Europe by 2030 has a moderate impact on...
Persistent link: https://www.econbiz.de/10011281296
suggest that joining the euro has a boosting effect on European identity; an opposite and comparable effect is found for …
Persistent link: https://www.econbiz.de/10011286518
We draw on a new data set on the use of Swiss francs and other currencies by European banks to assess the patterns of foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used predominantly for lending to residents, especially...
Persistent link: https://www.econbiz.de/10011344732
In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a … large resource owner's optimal supply. New information regarding future market conditions that affect the resource rent will … thus more limited resource rent, because the supply from these producers is driven more by current market considerations …
Persistent link: https://www.econbiz.de/10010229857
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/10010337597
This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and empirical results suggest that reforms and...
Persistent link: https://www.econbiz.de/10011557882
This paper advances and empirically establishes the idea that altruism is an important determinant of individual preferences over immigration. Using data from the European Social Survey from 2014 and 2015, our results document that individual norms and values strongly shape preferences over...
Persistent link: https://www.econbiz.de/10011566488
Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate taxes were conducive for Europe's economic growth. This paper provides a political-economic answer to the question why these two tax systems came about. Taxation is only feasible...
Persistent link: https://www.econbiz.de/10010391803