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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
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...
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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
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
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
Großbritannien am 23. Juni steht kurz bevor und es ist nicht ausgeschloßsen, dass sich Großbritannien gegen die EU entscheidet. Einig …In the midst of the EU’s current “polycrisis “, several serious dangers threaten the future of Europe’s unity. The … demonstrate the fragility of the EU. One of the EU’s fundamental problems is its institutional design in general. In particular …
Persistent link: https://www.econbiz.de/10011500526
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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