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resume. National and EU level policies should aim to foster reforms and adjustment and should not risk medium term objectives …
Persistent link: https://www.econbiz.de/10009315647
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pay in more than they receive - rather than on the broader overall positive effects of EU spending. Thelargest net … regressivesystem of revenue corrections.To inform debate on the 2021-2027 EU budget, I estimated the impact on net balances of the 2018 … EU's "operating budgetary balance" indicator, and on the basis of a new and broader indicator, the "net direct balance …
Persistent link: https://www.econbiz.de/10012302015
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could be a prerequisite for the more meaningful discussions on the new EU-UK economic relationship after Brexit, such as ….1 billion, possibly with a large upfront UK payment followed by significant EU reimbursements later. …
Persistent link: https://www.econbiz.de/10011715693
This paper compares financial assistance programmes of four euro-area countries (Greece, Ireland, Portugal, and Cyprus) and three non-euro-area countries (Hungary, Latvia, and Romania) of the European Union in the aftermath of the 2007/08 global financial and economic crisis-which were supported...
Persistent link: https://www.econbiz.de/10011715721
markets. However, the policy framework proved inadequate in the context of the major financial crisis in the EU starting in … structural institutional change for the EU, arguably the most significant since the introduction of the euro. Even in its current …
Persistent link: https://www.econbiz.de/10011613840
Integrated capital markets facilitate risk sharing across countries. Lower home bias in financial investments is an indicator of risk sharing. We highlight that existing indicators of equity home bias in the literature suffer from incomplete coverage because they consider only listed equities....
Persistent link: https://www.econbiz.de/10011613999
deprivation and low work intensity, the Gini coefficient of income inequality would have to fall by 3.5 points in each EU country … thresholds make the EU-wide poverty aggregate pointless. We approximate the EU-wide distribution of income and use it calculate … EU-wide poverty indicators. The political agreement between EU member states expressed the goal of reducing poverty, not …
Persistent link: https://www.econbiz.de/10011686375
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