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Evaluation of IPA Information & Communication Programmes : Evaluation Report ; Volume I

Kacapor-Dzihic, Zehra; Mijacic, Dragisa; Bunt, Pam van de - 2016

Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …

Persistent link: https://www.econbiz.de/10011799481

How wages respond to shocks: asymmetry in the speed of adjustment

Rõõm, Tairi; Dabušinskas, Aurelijus - 2011

The time series of various economic variables often exhibit asymmetry: decreases in the values tend to be sharp and fast, whereas increases usually occur slowly and gradually. We detect signs of an analogous asymmetry in firms’ wage setting behaviour on the basis of managerial surveys, with...

Persistent link: https://www.econbiz.de/10009640829

Deposit insurance, moral hazard and market monitoring

Gropp, Reint; Vesala, Jukka - 2004

The paper analyses the relationship between deposit insurance, debt-holder monitoring, and risk taking. In a stylised banking model we show that deposit insurance may reduce moral hazard, if deposit insurance credibly leaves out non-deposit creditors. Testing the model using EU bank level data...

Persistent link: https://www.econbiz.de/10009636525

Indeterminacy of rational expectations equilibria in sequential financial markets

Donati, Paola - 2003

for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial …. Then, we show how a central bank, by deciding on the money supply, may affect the revelation of information at equilibrium. …

Persistent link: https://www.econbiz.de/10009635915

Financial market integration and loan competition

Kaas, Leo - 2004

The paper analyzes how the removal of barriers to entry in banking affect loan competition, bank stability and economic welfare. We consider a model of spatial loan competition where a market that is served by less efficient banks is opened to entry by banks that are more efficient in screening...

Persistent link: https://www.econbiz.de/10009639463

An empirical study of liquidity and information effects of order flow on exchange rate

Breedon, Francis; Vitale, Paolo - 2004

proposed by Bacchetta and van Wincoop (2003) and allows us to disentangle the liquidity and information effects of order flow …

Persistent link: https://www.econbiz.de/10009639485

Optimal monetary policy with imperfect common knowledge

Adam, Klaus - 2003

imperfect common knowledge about the shocks hitting the economy. Parametrizing firms' information imperfections by a (Shannon …) capacity parameter that constrains the amount of information flowing to each firm, we study how policy that minimizes a …

Persistent link: https://www.econbiz.de/10009639844

Liquidity hoarding and interbank market spreads

Heider, Florian; Hoerova, Marie; Holthausen, Cornelia - 2009

banks to have private information about the risk of their assets. We show how banks’ asset risk affects funding liquidity in …

Persistent link: https://www.econbiz.de/10009640453

Foreign direct investment and international business cycle comovement

Jansen, W. Jos; Stokman, Ad C. J. - 2004

This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...

Persistent link: https://www.econbiz.de/10009639461

Human capital externalities and proximity evidence from repeated cross-sectional data

Canton, Erik - 2009

Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...

Persistent link: https://www.econbiz.de/10009640175