In light of the progressive integration of drones into the European civil airspace and the emergence of numerous applications of drones (ranging from leisure, services, photography, logistics, surveillance of infrastructures)there is a real need to focus on the challenges that a large-scale...

This report is an attempt to gain a better understanding of public attitudes towards European integration by relating general and specific developments in societal values and expectations to underlying socio-economic trends. The analytical point of departure is the thesis that European values...

Data presented in this report support and complement previous analyses on quality of working life in Slovenia, which indicated increasing work intensity in Slovenian companies over the last decade. The report is based both on analysis of the standard European Working Conditions Survey...

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...

The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...

There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and the euro area. Using Markov-switching techniques, in this paper we identify and compare specifically their major business-cycle features and examine the case for a common...

This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...