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The European welfare regimes face two sets of challenges. One internal, specific for the welfare state itself, and the other external, imposed by changing economic, political and economics conditions. The first challenge lies in the growing gap between the rigid welfare state design and flexible...
Persistent link: https://www.econbiz.de/10009352451
In this paper, we use recent robust non-parametric techniques in the European retail sector. By means of a database of firms in the European retail sector (four-digit NACE 5211) in five European countries over the period 1998–2006, we apply data envelopment analysis and compare the analysis...
Persistent link: https://www.econbiz.de/10010669621
We examine some controversial country-specific factors influencing vertical and horizontal intra-industry trade including foreign direct investment and income distributions. As concerns, the effect of differences in countries’ levels of economic development (richness), both theories and...
Persistent link: https://www.econbiz.de/10011130191
The sub-prime crisis began in mid-2007 as a bursting of the US housing market bubble and became a truly global meltdown in 2008. Renewed instability in financial markets precipitated awareness of how policy makers must react to systemic failures. This paper discusses the primary policy issues...
Persistent link: https://www.econbiz.de/10009352452