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Was ECB's monetary policy optimal?
Breuss, Fritz - 2002
Overall, the ECB managed monetary policy quite satisfactory in the first phase of EMU. Nevertheless, this paper asks whether monetary policy could not have been improved. In the last three years, Euroland was confronted with the first external shock. Oil prices increased considerably, leading to...
Persistent link: https://www.econbiz.de/10011492736
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Employment impacts of EU biofuels policy : combining ottom-up technology information and sectoral market simulations in an input-output framework
Neuwahl, Frederik; Löschel, Andreas; Mongelli, Ignazio; … - 2008
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
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EU emission allowances and the stock market : evidence from the electricity industry
Oberndorfer, Ulrich (contributor) - 2008
This paper constitutes to our best knowledge the first econometric analysis on stock market effects of the EU Emission … differently to EUA appreciations in comparison to depreciations. The carbon market effect is shown to be both time- and … countryspecific: It is particularly strong for the period of EUA market shock in early 2006, and differs with respect to the countries …
Persistent link: https://www.econbiz.de/10003745110
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Does EU cohesion policy promote growth? : evidence from regional data and alternative econometric approaches
Mohl, Philipp (contributor); Hagen, Tobias (contributor) - 2008
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
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Which is the right dose of EU cohesion policy for economic growth?
Hagen, Tobias (contributor); Mohl, Philipp (contributor) - 2008
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
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Alleviating adverse implications of EU climate policy on competitiveness : the case for border tax adjustments or the clean development mechanism?
Alexeeva-Talebi, Victoria (contributor);  … - 2008
"where-flexibility" of emission abatement thus represents an attractive market-based alternative to the application of border …
Persistent link: https://www.econbiz.de/10003777863
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Assessing emission allocation in Europe : an interactive simulation approach
Böhringer, Christoph (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002110260
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The impact of the European Union emissions trading scheme on competitiveness in Europe
Oberndorfer, Ulrich (contributor);  … - 2006
This literature review analyses the impacts of the EU ETS on competitiveness focussing on existing simulation studies. We have identified the choice of the reference scenario as the most critical issue for an appropriate analysis of the relevant literature. We find, however, that effects of the...
Persistent link: https://www.econbiz.de/10003357010
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How does EU cohesion policy work? : evaluating its effects on fiscal outcome variables
Hagen, Tobias; Mohl, Philipp - 2009
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
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Econometric evaluation of EU Cohesion Policy : a survey
Hagen, Tobias; Mohl, Philipp - 2009
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