Showing 1 - 10 of 198
early 2000's both in "oldʺ and "newʺ EU member states. We estimate effects of labour market institutions on various …, statistical tests indicate that there is a difference in the institutional effects between oldʺ and newʺ EU members. -- Labour …
Persistent link: https://www.econbiz.de/10003763951
Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the … economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic …
Persistent link: https://www.econbiz.de/10003831961
the EU's total population; and even though their economic output is much lower, it rises dynamically. New members' impact … on the EU policies has nevertheless been limited. This is due not only to the arcane voting rules within the EU, but also … vote together and that their influence is thus fairly limited. We argue that as the EU seemingly lacks energy to implement …
Persistent link: https://www.econbiz.de/10003790698
countries is mostly a characteristic of regions in old EU member states. We also find robust evidence of positive growth of …
Persistent link: https://www.econbiz.de/10003806087
deficits in the EU-15 over the period 1971-2006, both at a country-specific level and from a population-wide perspective …
Persistent link: https://www.econbiz.de/10003808131
period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … budget deficits to current account deficits for several EU countries: Bulgaria, Czech Republic, Estonia, Finland, France … deficit ; external imbalance ; real exchange rates ; EU ; OECD …
Persistent link: https://www.econbiz.de/10003818006
This paper studies the causes of price dispersion in the euro area emerging in response to a shock that hits all member countries symmetrically. We use a panel VAR model which is estimated over the period 1996 - 2007 to generate impulse responses of a range of price and wage variables to an oil...
Persistent link: https://www.econbiz.de/10003871916
This paper develops a specification of the credit scoring model with high discriminatory power to analyze data on loans at the retail banking market. Parametric and non- parametric approaches are employed to produce three models using logistic regression (parametric) and one model using...
Persistent link: https://www.econbiz.de/10003910674
This paper examines the process of price discovery in the MTS system, which builds on the parallel quoting of euro-denominated government securities on a number of (relatively large) domestic markets and on a (relatively small) European marketplace (EuroMTS). Using twenty-seven months of daily...
Persistent link: https://www.econbiz.de/10003937257
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