Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find …, a rise in the income elasticity after 2001 is taken into account. The break might be linked to the introduction of euro …

Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand …

euro area. To control for international spillovers, global VARs are also considered. Differences in the results can provide … a measure on the impact of financial market integration. The specifications point to some impact of liquidity shocks on …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by …

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to …

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to …

We examine real business cycle convergence for 41 euro area regions and 48 US states. Results obtained by a panel model … decades in the euro area and the US. Ongoing business cycle convergence often detected in a country data is not confirmed at … the regional level. The degree of synchronization across the euro area is similar to that to be found for the US states …

This paper investigates the role of institutions for labour market performance across European countries. As … transfer system and active labour market policies. As cointegration between employment, output and factor prices is detected …

and costs arising in the light of the imposition of ex ante regulations of attempting to regulate a market sector, before … a market failure has even occurred. It diverges from the norm of regulating ex-post, i.e. addressing market failures as … discussion on the true objectives of the Digital Services Act. It is unclear which market failures it is envisaged to address …