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factor in a healthy liberal democracy. We ask two questions: 1) do individuals who are members of civil associations vote … thesequestions looking at the experiences of Europe, which has a rich civil society tradition, as well as of Latin America, which …
Persistent link: https://www.econbiz.de/10011978365
the law, and economic freedom. In particular, an increase in spending on law and order seems to improve the indicators of …
Persistent link: https://www.econbiz.de/10014400244
This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates …
Persistent link: https://www.econbiz.de/10011932485
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment....
Persistent link: https://www.econbiz.de/10014412154
This paper attempts to identify the fundamental variables that drive the credit default swaps during the initial phase of distress in selected European Large Complex Financial Institutions (LCFIs). It uses yearly data over 2004 - 08 for 29 European LCFIs. The results from a dynamic panel data...
Persistent link: https://www.econbiz.de/10014402795
There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These …
Persistent link: https://www.econbiz.de/10014403015
This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using structural vector autoregressions, we find that growth shocks in European partner countries generate significant responses on growth in Morocco and Tunisia. For Tunisia, exports...
Persistent link: https://www.econbiz.de/10014403239
Using symmetric data sets of 92 weekly return observations before and after the introduction of the euro, the paper analyzes the impact of the new currency on the return structure of equity markets in the European Monetary Union. Variance decompositions, cluster analyses, and principle component...
Persistent link: https://www.econbiz.de/10014403627
a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks … estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state … decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation …
Persistent link: https://www.econbiz.de/10014411406
in Europe with a focus on these two groups, looking at contributions from cyclical and other factors, and seeking to draw …
Persistent link: https://www.econbiz.de/10014395287