We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete in a differentiated loan market, hold reserves against liquidity shocks, and refinance in the interbank market. A merger creates an internal money market that induces financial...

u0093Bond Market Inflation Expectation and Longer-term Trends in Broad Monetary Growth and Inflation in Industrial Countries, 1880-2001u0094 by William G. Dewald, Professor of Economics Emeritus, Ohio State University and Former Director of Research, Federal Reserve Bank of St. Louis. Annual...

This report monitors progress achieved in the implementation of the GAP II during its second year of implementation, in 2017. It shows progress and actions taken by EU Delegations, the European Commission, the External Action Service (EEAS) and by EU Member States throughout 2017, while...

The purpose of this study is to provide background information on and analysis of the consequences of the EU Common Fisheries Policy (CFP) on sustainable development in West Africa, and to make recommendations on ways of achieving coherence between its fisheries policies, and other policies,...