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The British foreign exchange reserves puzzle
Hüfner, Felix P. - 2000
The British foreign exchange reserves decreased by 40 percent during the period August 1996-December 1999 although the Pound Sterling is considered a floating exchange rate since it left the EMS in 1992. Since changes in the level of foreign exchange reserves are usually taken as indicators for...
Persistent link: https://www.econbiz.de/10010297719
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Controlled dismantlement of the euro area in order to preserve the European Union and Single European Market
Kawalec, Stefan; Pytlarczyk, Ernest - 2012
The Eurozone crisis mobilises an appreciable amount of the attention of politicians and the public, with calls for a decisive defence of the euro, because the single currency's demise is said to be the beginning of the end of the EU and Single European Market. In our view, preserving the euro...
Persistent link: https://www.econbiz.de/10011430886
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The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
Persistent link: https://www.econbiz.de/10011605002
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A structural model of coronavirus behaviour: What do four waves of Covid tell us?
Meenagh, David; Minford, Patrick - 2022
This paper extends Meenagh and Minford (2021) to the four waves of infection in the UK by end-2021, using the unique newly available sample-based estimates of infections created by the ONS. These allow us to estimate the e§ects on the Covid hospitalisation and fatality rates of vaccination and...
Persistent link: https://www.econbiz.de/10014480726
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Is Europe on track towards net zero mobility?
Pardi, Tommaso - 2024
The purpose of this paper is to explore whether the 'Fit for 55' update of the European Union's CO₂ regulation is up to the task of fixing its past mistakes and putting Europe on course to reach net zero mobility by 2050, while also dealing with the new set of challenges that arises with the...
Persistent link: https://www.econbiz.de/10015054184
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The Impact of Environmental Regulation on Competitiveness in the European Cement Industry - Results of a Matched Plant Comparison between Germany, Spain and the UK
Triebswetter, Ursula; Hitchens, D. - In: CESifo DICE Report 02 (2004) 3, pp. 38-49
Persistent link: https://www.econbiz.de/10011696481
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Capital decay and tax distortions: How to abandon exponential decay and benefit from it
Biørn, Erik - 2009
and tax-permitted depreciation, is considered. Both convex and concave survival functions can be accommodated. Three …-relevant accounting capital and true depreciation, (ii) mis-indexation of depreciation allowances, (iii) incomplete deductibility of …-exponential depreciation schedules are forced, by 'approximation devices', to fit into the exponential decay schedule. …
Persistent link: https://www.econbiz.de/10010275647
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Effects of Tax Depreciation Rules on Firms' Investment Decisions: A Comparison of European Transition Countries
Nam, Chang Woon; Radulescu, Doina Maria - In: CESifo DICE Report 01 (2003) 2, pp. 52-55
Persistent link: https://www.econbiz.de/10011696432
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The Political Economy of Brexit: Why Making It Easier to Leave the Club Could Improve the EU
Bongardt, Annette; Torres, Francisco - In: Intereconomics 51 (2016) 4, pp. 214-219
The UK exit from the EU represents a qualitative change in the nature of EU membership. On the one hand, it conveyed the lesson that for the Union to be sustainable, membership needs to entail constant caretaking as far as individual members' contributions to the common good are concerned, with...
Persistent link: https://www.econbiz.de/10011631238
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Political economy of Brexit, or Brexitology
Kołodko, Grzegorz W. - 2016
Persistent link: https://www.econbiz.de/10011779571