Showing 1 - 10 of 360
Persistent link: https://www.econbiz.de/10009636993
The paper offers an analytical framework for understanding the outcome of domestic changes in response to the processes of Europeanisation and regionalisation. It examines the impact of these processes on the role of subnational actors in Slovenia as an EU accession state. The analysis reveals...
Persistent link: https://www.econbiz.de/10009636511
The process of what has been labeled Europeanisation has been considered by many scholars as one of the major challenges posed by the external environment on domestic politics. Political parties are forced to deal with it as one that constitutes a fundamental change to their operational context....
Persistent link: https://www.econbiz.de/10009636896
La adhesión de un estado a la Unión Europea origina diversas y numerosas transformaciones en los diferentes componentes del sistema político. En general, inciden sobre aspectos como la opinión pública, los actores políticos (partidos políticos, grupos de interés,...), las instituciones...
Persistent link: https://www.econbiz.de/10009640594
This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...
Persistent link: https://www.econbiz.de/10009635876
This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...
Persistent link: https://www.econbiz.de/10009635879
This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...
Persistent link: https://www.econbiz.de/10009635883
A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...
Persistent link: https://www.econbiz.de/10009635884
This paper investigates the performance of optimised interest rate rules when there is uncertainty about a key determinant of the monetary transmission mechanism, namely the degree of persistence characterising the inflation process. The paper focuses on the euro area and utilises two variants of...
Persistent link: https://www.econbiz.de/10009635885
already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining …
Persistent link: https://www.econbiz.de/10009635886