This study analyzes the time stability of both the GDP beta convergence and the impact of monetary policy variables on economic growth in EU27 countries during 1993-2010 and EU15 during 1972-2010. To address the problem of variables’ selection, Bayesian model pooling (BMP) is used while...

This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993–2010 and EU15 during 1972–2010. Additionally, the article checks for the strength and stability of influence of particular economic growth factors. In order to address the problem...

Whether foreign direct investment (FDI) is beneficial to host country growth or not is a question debated since a long time. This paper provides a survey of the literature on FDI, export and growth, and empirically investigates the causal relationship between economic growth, export and FDI for...

Presents the Block-Roberts methodology for measuring labour standards, highlighting its relativism (does not rely on a universal benchmark like ILO Conventions) and its politically feasible benchmark (at least one jurisdiction enacted). Comparing the US with Canada and the EU, resp., determines...