Showing 1 - 10 of 25
Most systems of health care financing in EU member states currently include elements of income redistribution. The …
Persistent link: https://www.econbiz.de/10011432840
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
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the...
Persistent link: https://www.econbiz.de/10011441460
Several studies have analyzed the trade and output effects of the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, but our paper is the first attempt to study its welfare effects. We measure the welfare effect of TTIP as the percentage of...
Persistent link: https://www.econbiz.de/10011568062
allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of …
Persistent link: https://www.econbiz.de/10012183177
Carbon pricing decisions by governments are prone to time-inconsistency, which causes the private sector to underinvest in emission-reducing technologies. We show that incentives for decarbonization can be improved if complementing carbon pricing with carbon contracts for differences, where the...
Persistent link: https://www.econbiz.de/10012197900
allocations in the electricity sector as regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels …
Persistent link: https://www.econbiz.de/10012160829