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systems as those established in the EU are able to offset the negative impact of unemployment risk on the portfolio …
Persistent link: https://www.econbiz.de/10003934763
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Most systems of health care financing in EU member states currently include elements of income redistribution. The …
Persistent link: https://www.econbiz.de/10011432840
We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with different implications on network congestion, assuming that a shift from...
Persistent link: https://www.econbiz.de/10009771877
This paper investigates the differences between directly and indirectly seasonally adjusted aggregates. This difference is derived analytically for linear seasonal adjustment methods. GDP data for five European countries and three classes of seasonal adjustment methods are used to show...
Persistent link: https://www.econbiz.de/10011433814
Institutional change is guided by rules. In the European Union these rules are given by Art. 250-252 of the Treaty of Amsterdam. These articles define the actors and rules that bring about changes in policies in the European Union. We analyze these articles as games in extensive form and...
Persistent link: https://www.econbiz.de/10011436174
estimation procedure is implemented using a bootstrap technique. Finally, an application of the method to EU member states and to …
Persistent link: https://www.econbiz.de/10011437377
This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition … bargaining game. Both players - the existing EU members and the applicants - benefit from enlargement, yet for the applicants … reform to the acquis is costly, while the EU prefers substantially reformed candidates. A waiting game unfolds. Within this …
Persistent link: https://www.econbiz.de/10011438327