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What actually happens to EU directives in the member states? : A cross-country cross-sector view on national transposition instruments
Treutlein, Daniela (contributor) - 2007
Persistent link: https://www.econbiz.de/10003599283
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What drives Target2 Balances? : evidence from a panel analysis
Auer, Raphael A. - 2013
What are the drivers of the large Target2 (T2) balances that have emerged in the European Monetary Union since the start of the financial crisis in 2007? This paper examines the extent to which the evolution of national T2 balances can be statistically associated with cross-border private...
Persistent link: https://www.econbiz.de/10009736765
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Capital flows in the euro area and TARGET2 balances
Hristov, Nikolay; Hülsewig, Oliver; Wollmershäuser, Timo - 2018
We estimate a panel VAR model for the euro area to quantitatively asses the contribution of the TARGET2 system to the propagation of different types of structural economic shocks as well as to the historical evolution of aggregate economic activity in euro area member countries. Our results...
Persistent link: https://www.econbiz.de/10011793977
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On creditor seniority and sovereign bond prices in Europe : conference paper
Steinkamp, Sven; Westermann, Frank - 2013
The recent increase of interest rate spreads in Europe and their apparent detachment from underlying fundamental variables has generated a debate on multiple equilibria in the sovereign bond market (see De Grauwe and Ji (2012)). We critically evaluate this hypothesis, by pointing towards an...
Persistent link: https://www.econbiz.de/10010341164
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Impact of roaming regulation on revenues and prices of mobile operators in the EU
Grzybowski, Lukasz; Muñoz-Acevedo, Ángela - 2021
We empirically assess the impact of the EU roaming regulation on mobile operators' average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator's revenues per user, while it had no impact on tariffs during … the latest phase of the regulation. …
Persistent link: https://www.econbiz.de/10012602181
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Regulation, financial crises, and liberalization traps
Marchionne, Francesco; Pisicoli, Beniamino; Fratianni, … - 2019
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889
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Estimating the effects of regulation when treated and control firms compete : a new method with application to the EU ETS
Barrows, Geoffrey; Calel, Raphael; Jégard, Martin; … - 2023
This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use...
Persistent link: https://www.econbiz.de/10014282440
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The impact of market regulations on intra-European real exchange rates
Bénassy-Quéré, Agnès; Coulibaly, Dramane - 2013
We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10009691682
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Evaluating the impact of price caps : evidence from the European roam-like-at-home regulation
Canzian, Giulia; Mazzarella, Gianluca; Verboven, Frank; … - 2021
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10012622563
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EU accession : a boon or bane for corruption?
Alfano, Vincenzo; Capasso, Salvatore; Goel, Rajeev K. - 2020
The formation and expansion of the European Union (EU) have attracted much attention. However, the impact on the level of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union potentially faces two different and opposite effects on...
Persistent link: https://www.econbiz.de/10012199848