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In June the EU Council of Ministers (excluding the UK) took up a common position concerning European Works Councils. The establishment of such Councils would grant certain information and consultation rights to the workers of multinational companies. The following paper looks at the importance...
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This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries are analysed and presented through a...
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Applying a t-DCC-GARCH model to daily spread data, four phases of interaction in euro area sovereign bond markets are identified between January 2008 and June 2013. The initial period (January-October 2008) is followed by a general rise in pairwise correlation values between November 2008 and...
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The Italian sovereign bond market experienced considerable disruption in May 2018 and subsequent months amid concerns about the fi scal implications of political developments in Italy. This episode is used to examine relationships among the euro area bond markets some six years after the euro...
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stood at 14.2%. However, country-level results differ tremendously with high gaps of more than 20% in Estonia and Germany …
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