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Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based … effect between 2.4% and 7.6%. Compared to previous studies on money illusion in the course of the euro currency changeover …
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This paper analyses the growth effects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...
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In the advent of postal market liberalization in several European countries we expect that the incumbent operators … pricing. The market for postal service exhibits stronger network effects than in telecommunications because of limited …
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contemplating the set up of domestic ETS with the intention of linking up to the European scheme. While a stylized partial-market …
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