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In July 2021 the Eurosystem decided to launch the investigation phase of the digital euro project, which aims to … provide euro area citizens with access to central bank money in an increasingly digitalised world. While a digital euro could … of uncertainty surrounding the design of a potential digital euro, its demand and the prevailing environment in which it …
Persistent link: https://www.econbiz.de/10013198349
subsidisation, price effects ensuing from a hypothetical world oil price reduction linked to substitution in the EU market, and …
Persistent link: https://www.econbiz.de/10003728599
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...
Persistent link: https://www.econbiz.de/10003770912
the introduction of the common currency in the euro area, there is little evidence that a similar integration process is … role of an active market for corporate control and of competition in banking integration. European listed banks … no tendency to revert to a common target rate of profitability. Overall, the banking market in Europe appears far from …
Persistent link: https://www.econbiz.de/10003784658
The current empirical literature on the impact of EU Cohesion Policy on the economic growth rates of the European regions mainly relies on functional form assumptions. However, it is ex ante not clear which functional form is appropriate with regard to the relationship between structural funds...
Persistent link: https://www.econbiz.de/10003784703
"where-flexibility" of emission abatement thus represents an attractive market-based alternative to the application of border …
Persistent link: https://www.econbiz.de/10003777863
Persistent link: https://www.econbiz.de/10002110260
been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …
Persistent link: https://www.econbiz.de/10003793860
The impact of EU Cohesion Policy has mainly been evaluated with regard to its growth effects. We extend the perspective by investigating the impact of EU Cohesion Policy on public investments and budget deficits in order to learn more about the channels through which this policy field works....
Persistent link: https://www.econbiz.de/10003881346
More than one third of the European Union's total budget is spent on socalled Cohesion Policy via the structural funds. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of the various European regions. Investigating the impact...
Persistent link: https://www.econbiz.de/10003881569